Shared Prosperity Fund Update
January 18, 2024 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council websiteThis 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 delegate authority for progressing unallocated Shared Prosperity Fund funding, allocating underspend, and concluding arrangements for regional underspend to specific officers in consultation with the Leader.
Full council record
Purpose
The report will provide an update on the Shared Prosperity Fund in Cardiff and outline the strategy for the last financial year.
Decision
Cllr Sangani declared a personal interest in this item as she is employed by Prince’s Trust.
Appendix 2 of the Cabinet Report is not for publication as it contains exempt information of the description contained in paragraphs 14 of Part 4 and paragraph 21 of Part 5 of Schedule 12A of the Local Government Act 1972.
RESOLVED: that
- authority be delegated to the Chief Executive and Section 151 Officer in consultation with the Leader of the Council to progress the proposed unallocated funding processes identified in this report in paragraphs 16 to 19.
- authority be delegated to the Assistant Director for Communities and Housing to allocate any underspend as outlined in paragraphs 20 to 21.
- authority be delegated to Chief Executive and Section 151 Officer in consultation with the Leader of the Council to conclude any arrangements relating to overall regional underspend.
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 18 Jan 2024 |
| Expected date | 18 Jan 2024 |
| Originally due | 18 Jan 2024 |