73 Shared Prosperity Funds - Transitional Funding
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For Cabinet to consider Shared Prosperity Funding from the Cambridgeshire and Peterborough Combined Authority for a one-year period 2025/26.
Decision:
AGREED to accept Shared Prosperity Funding from the Cambridgeshire and Peterborough Combined Authority for a one-year period 2025-26.
Minutes:
Members considered funding from the CPCA for a period of one year to fund Shared Prosperity Fund (SPF) projects presented by Councillor Count.
Members made comments, asked questions and received responses as follows:
· Councillor Tierney expressed the opinion that going forward, as it might be too late now to do anything this time, it would be nice if there are grants like this or helping businesses in the future that the Council could build into the conditions that they undertake a little bit of publicity about what they did with the money so it shows residents what their taxpayer funds are being used on and it would be good to showcase some of the positive ways that businesses are helped with this funding.
· Councillor Boden stated that it is unlikely that there will be any further SPF after 2025/26 but as far as 2025/26 is concerned it may not be too late and suggested that Councillor Tierney asks officers to see if something can be actioned along these lines.
· Councillor Mrs Laws agreed with the comments of Councillor Tierney so frequently the Council does hear of good messages and good reports and she feels the Council is poor in promoting what has been undertaken and how taxpayers money is spent and she welcomes any promotional work.
· Councillor Count thanked members for their valuable contributions and he will pursue this along with Councillor Tierney as Portfolio Holder for Media.
Proposed by Councillor Count, seconded by Councillor Mrs French and AGREED to accept Shared Prosperity Funding from the Cambridgeshire and Peterborough Combined Authority for a one-year period 2025-26.