Decision Maker: Portfolio Holder- Economic Development and Visitors
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To provide an update on the delivery of UKSPF and to seek approval for the proposed uses of programme funding throughout both financial years 2023-2025.
AGREED that:
a) the proposed internal projects and grant awards noted in 1.5 are approved and funded through UKSPF throughout 2023-2025.
b) any potential underspend of the recommended projects will support and enhance new and existing projects, as outlined in 1.7.
c) the remaining and uncommitted 2024-2025 UKSPF allocation is committed to deliver future projects through a combination of grant awards, internal delivery, and potential procurement of services, as noted in 1.8.
The above recommendations align to the Council’s strategic objectives, ensuring planned investment is evidence based in accordance with the defined deliverables outlined within our UKSPF investment plan.
There is the option not to award funding through grants and instead funds could be committed solely to in-house delivery and direct procurement. This option is not recommended as the proposed projects delivered demonstrate best use of local resources, resulting in more impactful outcomes for residents, businesses, and communities. Any projects funded by a grant award must follow a competitive grant application process in accordance with the grant’s functional standard.
Publication date: 20/03/2023
Date of decision: 20/03/2023
Effective from: 24/03/2023
Accompanying Documents: