Decision

The Cabinet has decided to approve the Local Investment Plan for 2025-26 and allocate funding for capital projects in Newport.

Analysis

outcome: Recommendations were approved by the Cabinet.

summary: The decision involves approving the Local Investment Plan for 2025-26 and allocating funding for capital projects in Newport.

topline: The Cabinet has decided to approve the Local Investment Plan for 2025-26 and allocate funding for capital projects in Newport.

reason_contentious: This issue may be contentious as it involves allocating public funds and deciding on specific projects to support.

affected_stakeholders: ["Newport City Council", "UK Government", "Local community groups and organizations"]

contentiousness_score: 5

political_party_relevance: There are no explicit mentions of political parties in the decision.

URL: https://democracy.newport.gov.uk/ieDecisionDetails.aspx?ID=565&LLL=0

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: The Cabinet Member for Regeneration and Democratic Services presented the report to Cabinet colleagues, which had been in place since 2022 and was coming to an end.   Further funding for what is being called a transition year, April 2025 until March 2026, was announced by UK Government in the Autumn Budget.  This transition fund allowed UK Government to agree longer-term funding plans and Newport City Council was looking forward to hearing the proposals in the next spending review.   Newport’s funding allocation for 2025-26 is just over £11m, of which UK Government expected to see a minimum of £3million being used for capital projects. The Local Investment Plan detailed in Appendix 1 provided a list of projects and programmes which it was suggested would be supported in the next year and reflected a mix of Council-led projects and funding to support external groups and organisations.   Councillor Clarke thanked officers involved for their hard work.   The Leader thanked Councillor Clarke for their contribution.   To access a full recording of the comments made by elected members please refer to the Council’s YouTube channel. Democratic meetings / Cyfarfodydd democrataidd.   Decision:   Cabinet –   1.      Approved the Local Investment Plan 2025-26 which accompanied this report (at Appendix 1), and the projects contained within. 2.      Authorised the submission of the draft Local Investment Plan to the regional lead local authority (Rhondda Cynon Taf CBC) allowing the development of an updated Memorandum of Understanding from the UK Government in May, 3.      Maintained the delegated authority granted to the Cabinet Member responsible for Regeneration allowing them to approve specific projects under each of the three SPF priorities and to recalibrate and to revise funding allocations as necessary to achieve outputs and outcomes against SPF interventions.  

Date of Decision: March 19, 2025