The Cabinet considered an update on the previously agreed Working with Communities programme – including the ‘beta phase’ of the community investment fund, work to develop a new model of engagement in the Heatons and the development Stockport Local – and agreed the following:-
· the update on work underway to progress the working with communities ambition since Cabinet’s decision in October be noted;
· in line with this decision in principle, the proposal relating to the Stockport Local Fund be approved, including:
- the overview of the Fund and the rules by which it will work;
- the recommendation to pilot this Fund over a two year period using reserves;
- to allocate £1m from reserves in line with the reserves policy which will be updated following the 2017/18 outturn position.