Issue - decisions

23/03/2023 - Clarification on Shared Prosperity Fund Year 1 Finance - Amendments to Spending

To approve the following changes to spend set out in the previous decision:-

1. Seafronts maintenance

The previous decision stated the seafront ramp was a capital scheme. This will actually be funded from the UKSPF revenue allocation.

2. Jaywick Managed Workspace – Operational Revenue

The previous decision stated that £41k of revenue funding will be used to recruit an Operations Manager. This funding will now be split into a £31k revenue element, which will be used to support the operational costs of the Sunspot in its launch and through the critical 2023 summer season. A further £10k will be allocated as capital funding, to support construction costs at the site.

There are no changes to the projects benefitting from the funding, or to the amounts each project is receiving.