Decision details

Local Enterprise Partnership and Investment Bristol & Bath Budget Outturn 2018/19

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

Joint Committee agreed the following to:

 

1.    Note the LEP Budget Outturn forecast sets out in Appendix 1.

2.    Note the IBB Budget Outturn as set out in Appendix 2 recognising the use of prior year underspends in EDF Grant drawdown to balance the outturn position.

3.    Agreed a one-off allocation of up to £364k from accumulated LEP surpluses for the costs of UA staff being seconded to provide capacity to support the development of the Local Industrial Strategy.

Report author: Director of Investment & Corporate Services

Publication date: 06/08/2018

Date of decision: 27/07/2018

Decided at meeting: 27/07/2018 - West of England Joint Committee

Effective from: 07/08/2018

Accompanying Documents: