Decision details

To consider and recommend acceptance of Shared Prosperity Funding from the Cambridgeshire & Peterborough Combined Authority for a three-year period commencing in 2022-23 and ending in 2024-25. 

Cabinet considered and AGREED to:

·         Recommend acceptance of Shared Prosperity Funding from the Cambridgeshire & Peterborough Combined Authority for a three-year period commencing in 2022-23 and ending in 2024-25. 

·         Delegate to Officers responsibility for approving and finalising entry into the CPCA’s SPF Grant Funding Agreement; and

·         Note that a further report will be presented to Cabinet for approval of the detailed proposals in relation to the procedures and documentation associated with the onward administration of the funding.