Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: January 28, 2025

Purpose: To endorse a proposal for Dorset Shared Prosperity Fund to be extended for an additional year following government allocation of an additional £1.4 million for FY 2025-2026.

Content: (a)    That the Dorset Shared Property Fund Investment Plan Addendum, as attached in Appendix 1 of the report to Cabinet of 28 January 2025, be endorsed.   (b)    That authority be delegated to the Executive Director for Place, in consultation with the Cabinet Member for Property, Assets and Economic Growth, to implement the Investment Plan Addendum.   Reason for the decision   To support delivery of the Council Plan priorities of ·       Grow our economy ·       Communities for all ·       Respond to the climate and nature crisis   And to facilitate use of the funding allocated by government to benefit Dorset residents, communities and businesses.