Issue - meetings

UK Shared Prosperity Fund (UKSPF) Group – Terms of Reference

Meeting: 14/09/2023 - Executive (Item 7)

7 UK Shared Prosperity Fund (UKSPF) Group – Terms of Reference EXE23-066 pdf icon PDF 63 KB

Reporting Person – Kevin Foster

Additional documents:

Minutes:

The Executive received a report which sought approval of the Terms of Reference of the UK Shared Prosperity Fund (UKSPF) Group.  The Executive was informed that the UKSPF had been setup by Government to succeed previous EU funds and formed part of the Government’s ‘Levelling Up’ agenda.  The Council had been awarded £1m from the Fund over a period of 3 years and it was necessary to have governance arrangements in place to enable the Council to allocate the money.  It was noted that UKSPF funding had been used previously in the Borough to upgrade playgrounds in Horsell and Goldsworth Park.

RESOLVEd

That the Terms of Reference, attached at Appendix 1 to the report, be agreed.

Reason:   To enable the UK Shared Prosperity Fund Group to meet.