Decision details

Shared Prosperity Fund and Business Rates Retention pot

Decision Maker: Corporate Policy and Resources Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Shared Prosperity Fund and Business Rates Retention pot

Decision:

It was resolved that option 1 contained within the officer’s report – to use the Business Rates Retention pot to ‘forward fund’ all of the projects in the Shared Prosperity Fund (SPF) Investment Plan in advance of the government funds (which were not due to be received until 2024/25) – be agreed.

Publication date: 19/10/2022

Date of decision: 10/10/2022

Decided at meeting: 10/10/2022 - Corporate Policy and Resources Committee

Effective from: 26/10/2022

Accompanying Documents: