Decision details
Local Enterprise Partnership revenue budget setting report 2021-22
Decision Maker: Joint meeting - West of England Combined Authority Committee and West of England Joint Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
The West of England Joint Committee RESOLVED:
1. To approve the LEP Budget for 2021/22 as set out in Appendix 1.
2. To approve a 2021-22 contribution of £110k per each West of England Unitary Authority (to be reviewed for 2022-23 onwards) as match funding to attract the government’s LEP capacity funding.
3. To approve a £160k drawdown from the LEP general reserve to fund the shortfall in 2021-22 LEP operating costs.
4. To note the forecasted LEP revenue outturn for 2020-21 as set out in Appendix 2.
Publication date: 01/02/2021
Date of decision: 29/01/2021
Decided at meeting: 29/01/2021 - Joint meeting - West of England Combined Authority Committee and West of England Joint Committee
Accompanying Documents: