Decision details

a)    That the historic, current and future financial performance of Beaumanor Hall and Park be noted;

b)    That the comments from the Scrutiny Commission be noted;

c)    That the Director of Corporate Resources be authorised to commence an engagement process with stakeholders to establish options to improve the future financial performance of the site.

(KEY DECISION)

REASONS FOR DECISION

Beaumanor has always required a financial subsidy from the County Council.  If nothing changes, the long term outlook for the site does not suggest that this position will materially change.  It is therefore necessary to establish options to try to improve the financial performance of the site given growing pressure on the Council’s finances.

The Scrutiny Commission, at its meeting in March 2025, following consideration of an exempt report on the performance of Beaumanor, requested its concerns regarding the future financial performance of Beaumanor be considered by the Cabinet.

An engagement process will allow the Council to work with the market, local community and schools to determine the right approach to remove the cost to the County Council and improve its financial performance to better support the Council’s Medium Term Financial Strategy.