Purpose

To consider approving the Shared Prosperity
Fund allocation and projects for 2024/25.

Content

1.1 That
the Council’s financial allocations of UK Shared Prosperity
fund (UKSPF) for the 2024/25 financial year (attached as an Annex
to the report), be agreed.
 1.2 That authority be delegated
to the Director Environment and Property, in consultation with the
Cabinet Member to finalise the arrangements for:
 a) determining the final list
of specific projects – following the call for applications
process – In line with the allocations in the attached Annex,
to be funded through the Council’s UKSPF allocation for the
2024/25 financial year; and
b)
finalising any changes required to financial allocations by
investment priority as required.