UK Shared Prosperity Fund (UKSPF) Extension 2025/26

April 15, 2025 Cabinet (Cabinet collective) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to endorse the Council's submission for a £1 million UK Shared Prosperity Fund extension for 2025/26 and delegate authority to allocate and oversee spending in line with Council priorities.

Full council record
Purpose

The Council has been allocated
a £1m extension of UKSPF funding (roughly 65% capital and 35%
revenue) and the Cabinet will be asked to approve its
allocation.

Content

Cabinet resolved to:
 
(i)  Endorse the
Council’s submission for UKSPF funding for 2025/26 as
detailed in section 2 of the report; and
 
(ii)  Delegate authority
to the Strategic Director, Inclusive Growth, in consultation with
the Cabinet Member for Regeneration and Economic Development and
the Strategic Director, Resources, to allocate and oversee spending
in line with the Council’s priorities.

Related Meeting

Cabinet - Tuesday, 15 April 2025 7:00 pm on April 15, 2025

Supporting Documents

UKSPF 2025-26 Report.pdf
UKSPF - App 1.pdf

Details

OutcomeApproved
Decision date15 Apr 2025
Subject to call-inYes