Purpose

TCR Revenue Budget and development of funding

Decision

(1) The work undertaken as part of phase 2 of the Rosewell Review, including its proposals regarding how the Transport for City Regions programme should be organised, changes to processes to improve political oversight and delivery pace, and recommendations on the prioritisation process for unallocated funding, was noted.

(2) The programme approach, which would broadly allocate funding 50/50 between priority Growth Corridors and Network Needs (maintenance, renewals and schemes outside the Growth Corridors), was agreed.

(3) The proposed portfolios that would be used to deliver the programme and the proposal to bring details of final funding allocations for these portfolios to the WMCA Board on 11 September 2026 was agreed.

(4) The criteria for prioritising the remaining, unallocated funding against the portfolios was agreed.

(5) The proposals for a revised gateway approach that would be used to provide prompt and robust assurance of projects through project development to delivery was endorsed.

(6) The proposed governance for the programme, including an enhanced role for Investment Board and an independent expert panel, was agreed.

(7) The principles for the use of £80m of Transport for City Regions revenue funding to support on-going capacity needs and priority project development was endorsed.