Decision details

(1)      The update on Year 2 UK Shared Prosperity Fund financial forecasting position be noted.

(2)      The approach and actions agreed for Year 3 UK Shared Prosperity Fund, including the Department for Levelling Up, Housing & Communities’ change in approach to carry forward and year 3 payment profile, be noted.

(3)      The Section 151 Officer’s approval in respect of onward contracting/payment of Year 3 allocations and carry forward of underspends to local authorities be noted.

(4)      The update on internal WMCA-led business support projects position including mitigations to utilise underspend be noted.