To receive Report No.134/2022 from the Leader of the Council.

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.

Report No. 134/2022 was introduced by Councillor D Wilby, Portfolio Holder for Education and Children’s Services.

Councillor Wilby explained to Members that the UK Shared Prosperity Fund (UKSPF) is the Government’s domestic replacement for the European Structural and Investment Programme (ESIF). The Council had been allocated £1,000,000 over 3 years, this was the minimum level of UKSPF investment.

Accessing this funding was dependent on submitting an Investment Plan by 1 August 2022 to be approved by Government in the Autumn.

In addition to the Core UKSPF allocation, Rutland had been allocated £144,324 of multiply funding over the 3 years of 2022/23 to 2024/25 with an anticipated allocation of a maximum of £43,000 in Year 1. This funding was intended to support the delivery of bespoke adult numeracy programmes within local areas.

It was made clear to Members that particular attention would be given to families who would move into Kendrew Barracks within the next couple of years to be included in the target group to help with their key skills.

It was proposed by Councillor D Wilby that the recommendations of report No. 134/2022 be agreed, this was seconded and upon being put to the vote the motion was unanimously agreed.

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 would 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.

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