The meeting on Tuesday 11 June 2024 by the Salford Council's Lead Member for Finance and Support Services focused on budget allocations for local infrastructure projects, the approval of funding for community initiatives, and a review of financial policies. Key decisions included the allocation of funds for the renovation of Buile Hill Park, and the approval of a new financial strategy aimed at improving fiscal responsibility.

Budget Allocations for Local Infrastructure Projects

The council discussed the allocation of funds for several local infrastructure projects. The most significant decision was the approval of a £2 million budget for the renovation of Buile Hill Park. This project aims to restore the historic park and improve its facilities for public use. Councillors highlighted the importance of this renovation for community well-being and local heritage. One councillor noted,

Buile Hill Park is a cornerstone of our community, and its restoration will provide a much-needed green space for residents to enjoy.

There was unanimous support for this allocation, with no objections raised.

Funding for Community Initiatives

The council approved funding for several community initiatives, including a £500,000 grant for the Salford Youth Project. This project aims to provide educational and recreational activities for young people in the area. The funding will be used to expand current programmes and introduce new ones, such as coding workshops and sports activities. Councillors emphasised the importance of investing in youth services to foster a supportive environment for young people.

Review of Financial Policies

A significant portion of the meeting was dedicated to reviewing and updating the council's financial policies. The new financial strategy, which was approved during the meeting, aims to improve fiscal responsibility and transparency. This strategy includes measures such as stricter budget monitoring and the implementation of a new financial management system. One councillor remarked,

This new strategy will ensure that we are making the most efficient use of our resources and maintaining transparency in our financial dealings.

The strategy aligns with the council's previous commitments to enhance financial oversight and accountability.

For more details, you can refer to the Agenda frontsheet and the Public reports pack for the meeting.