An extra £7m is being earmarked to top up the budget for fixing potholes, paying back debt early and delivering big savings.
Leicestershire County Council’s review of last year’s £1.3bn budget shows it’s on track and that a £7m underspend can be redirected into priority areas.
The proposals would see:
- £2.5m invested in repairing roads - to deal with the impacts of the wettest winter on record
- £2.5m spent reducing debt
- £2m put towards delivering multi-million-pound savings
Like other councils, we face big challenges with escalating demand for social care and other vital services.
“But by achieving savings early and reducing external debt by £71m, to the lowest level for over 20 years, we’re balancing the books.
Person:Council leader, Dan Harrison
The proposals are part of the 2025/26 outturn report which will be considered by the cabinet on 26 May and scrutiny commission on 10 June.
This report shows we have our hands firmly on the wheel.
We’re making every pound work harder and unlocking scarce resource to direct into what matters to our residents.
Person:Councillor Harrison Fowler, cabinet lead for resources and finance