RESOLVED

That Cabinet:

1.    NOTED the UK Shared Prosperity Fund Prospectus and provisional funding allocation.

2.    NOTED the submission to Government of an investment plan for £144,326 of Multiply funding to support adult numeracy programmes by the deadline of 30th June 2022.

3.    DELEGATED authority to the Strategic Director of Places and Section 151 Officer, in consultation with the Leader of the Council and Portfolio Holder with responsibility for Finance, to develop and submit to Government an evidence-based investment plan to access the County’s allocation of £1,000,000 allocation of Core UK Shared Prosperity Funding by the 1st August deadline.

4.    NOTED that Cabinet will be asked to approve any associated terms and conditions.

5.    APPROVED the use of the available £20,000 capacity funding to undertake initial preparatory work for the UK Shared Prosperity Fund, including developing the local investment plan for submission.

6.    APPROVED the use of the UK Shared Prosperity Fund 4% administration allocation to support the productive delivery and administration of the fund.