Shared Prosperity Fund Update

January 18, 2024 Cabinet (Cabinet collective) Key decision Awaiting outcome 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 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.

Content

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Appendix 2 of the Cabinet Report is not for
publication as it contains exempt information of the description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
 

1.        
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.
 

2.        
authority be delegated to the Assistant Director for
Communities and Housing to allocate any underspend as outlined in
paragraphs 20 to 21.
 

3.        
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

CAB 18 Jan 2024 - Shared Prosperity Fund Update.pdf
CAB 18 Jan 2024 - Shared Propserity Fund Update Appendix 1.pdf
CAB 18 Jan 2024 - Shared Propserity Fund Update Appendix 3.pdf

Details

OutcomeFor Determination
Decision date18 Jan 2024