Decision
Analysis
outcome: Recommendations approved
summary: Approval of final monitoring report for 2024/25 cycle
topline: The City Mayor has decided to approve the final monitoring report for the 2024/25 cycle
reason_contentious: Not contentious as it involves routine budget transfers and reductions
affected_stakeholders: ["City Mayor", "Director of Finance"]
contentiousness_score: 0
political_party_relevance: No mention of political parties or influence
URL: https://cabinet.leicester.gov.uk/ieDecisionDetails.aspx?ID=1481
Decision Maker: City Mayor (Individual Decision)
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: Yes
Purpose: To seek approval for the final monitoring report of the 2024/25 cycle.
Content: To seek approval for the final monitoring report of the 2024/25 cycle. To approve: • the transfers between departmental budgets and reserves requested in Appendix B of the report, and to transfer the total underspend to the budget reserve. • the changes to earmarked reserves proposed as outlined in the report • the budget reductions detailed in the report; and delegate authority to the Director of Finance to determine the specific budget ceilings affected. The City Mayor and Overview Select Committee receive a report on the forecast revenue budget position regularly throughout the year, as well as this outturn report at the end of the year. These decisions are consequential to the monitoring exercise. N/A
Date of Decision: July 15, 2025