Decision details

UK Shared Prosperity Fund projects and Rural England Fund

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To seek Executive approval to UKSPF funding for identified projects and to agree to the Rural England Prosperity Fund funding allocations.

 

Decision:

The Executive RESOLVED to approve:

 

1.       the projects that have gone through the governance journey required by government, engagement with MPs in addition to internal governance requirements, for the £1 million UK Shared Prosperity Fund (UKSPF) allocation to Waverley.

 

2.       Waverley’s Rural England Prosperity Fund (REPF) allocation of £400,000 to be  used as a continuation of the Rural Development Programme for England: LEADER Funding (2015-2020) to support Waverley’s rural business community, working with Surrey County Council, Guildford BC and Tandridge DC.

 

Reason: The allocation of £1.4 million is a considerable sum that will have a significant impact on local communities and businesses. The projects funded support the priorities of the Council during the recent cost-of-living crisis and new Economic Development Strategy, currently being consulted on with external and internal stakeholders. The projects have travelled through the internal and external governance route, as approved in July 2022.

 

[Overview & Scrutiny – Resources]

Report author: Abi Lewis

Publication date: 08/02/2023

Date of decision: 07/02/2023

Decided at meeting: 07/02/2023 - Executive

Accompanying Documents: