Our spending plans for 2020-2021 were approved on Wednesday 19 February 2020.
These spending plans include the revenue budget (our running costs) and the capital programme (which funds land, buildings and roads).
The revenue budget includes our spending on day to day services, such as provision of care to older people, and keeping our libraries and leisure centres open.
The government has cut its support for Leicester services. It has gone from £289 million in 2010-2011 to £179 million in 2020-2021 on a like for like basis.
Consequently, there have been substantial cuts in our spending. Despite the cuts, additional funding has been required to manage pressures in statutory social care. The amount available for all other services has fallen from £192m to £106m over the same period.
Our revenue budget for our running costs for 2020-2021 can be downloaded below.
The capital programme (land, buildings and roads) includes funding for major investments in the city and for work of lasting benefit. Most of the money we have to spend comes from government grants and the proceeds of selling land and buildings. The capital programme includes new plans to spend £54 million.
Our capital programme for 2020-2021 can be downloaded below.
Draft plans for 2021-2022
I have now published a draft budget and capital programme for 2021-2022. These reports will be discussed by councillors in January and February, and the final budget and capital programme will be approved by the Council on 17 February. The draft reports can also be downloaded at the bottom of the page.