Priority Improvement Funding 2011/12
To consider a report of the Executive Councillor (Finance)
The Executive Councillor (Finance) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider the allocation of the Priority Initiative Funding (PIF) made available in the 2011/12 revenue and capital budgets.
RESOLVED – (1) That the Priority Initiative Funding (PIF) allocations amounting to £1million (£0.5m revenue and £0.5m capital) as detailed in the report be approved.
(2) That permanent budget provision for festive lights be made available during the Medium Term Financial Planning Process.
(3) That the Stockport Partnership Board be invited to consider the allocation of Performance Reward Grant as match funding for relevant proposals contained within the PIF allocations.