Decision details

The Leader and Executive Member of Community Development and Prosperity, Councillor Biggs, introduced the Capital Spending Proposal: Year 3 of the UK Shared Prosperity Fund (2024/25). The authority has received a £1 million allocation from the Government’s UK Shared Prosperity Fund.  This three-year programme will complete in March 2025 and is being delivered according to a UKSPF Investment Plan agreed with government.

The Council has an opportunity to spend approximately £40k of the allocation on additional energy efficiency improvements at its temporary accommodation properties.  A £30k allocation in Year 2 has already provided improvements at several properties such as loft insulation, double glazing, and upgraded heating system.

The Project Manager has confirmed that an additional £40k could be spent in 2024/25 to deliver environmental benefits at more temporary accommodation properties. This would require the conversion of £40k in unspent UKSPF Revenue allocation to Capital.

Therefore, approval was sought for an additional £40k to be added to the approved Capital Programme for 2024/25.

There were no further Executive Member questions.

Visiting Member made no observations.

The Leader thanked the Head of Economic Prosperity, Simon Bland, and his team for their work on these projects.

RESOLVED – that the Executive

(i)             Note the recommendation to Council to allocate an additional £0.040m to the Capital Programme for 2024/25. This is to enable full use of the funding received via the UK Shared Prosperity Fund (UKSPF).

(ii)           Recommend that Council: Approve an addition of £0.040m to the Capital Programme for 2024/25. This is to enable full use of the funding received from the UK Shared Prosperity Fund (UKSPF).