Decision details

To approve:

The carry-forward of resources into 2026/27 for schemes where spend has slipped (£28m).

The provisions that remain unspent as shown at Appendix C and approve these to be carried forward (£2.5m).

That across a number of schemes, £540k has been saved following completion of schemes below budget, of this, £185k will go back to corporate resources and will be available for future capital programmes.

To approve the following additions to the programme:

1.       £595k for the purchase of laptops, to be funded from the cost of technology reserve, see Appendix A, CRS, para 2.1.

2.       £250k for essential building maintenance at the Record Office for Leicestershire, Leicester and Rutland (ROLLR), financed by prudential borrowing, see Appendix A, TCII, para 2.1.

3.       £541k to the Corporate Estate work programme, to be financed from earmarked reserves set aside to support capital maintenance and reinvestment in the Haymarket Shopping Centre, see Appendix B, para 3.14.

4.       £224k to the Council Housing Insulation work programme, financed from HRA reserves, see Appendix B, para 3.24.

The City Mayor and Overview Select Committee receive a report on the forecast capital budget position regularly throughout the year, as well as this outturn report at the end of the year. Recommendations arising from this are often included within the report.

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