Issue - meetings

Cabinet received a report detailing applications for funding submitted to the Local Initiative Fund (LIF) Scheme for the financial year 2017/18 and the recommendations for funding in relation to each of the 12 districts.

Resolved: That

  i.  A total of £152,829.34 of grant funding for 47 projects be approved across the districts in Lancashire from the 2017/18 LIF Scheme, having regard to the recommendations detailed in this report.

  ii.  In the districts where an underspend of over £5,000 (Chorley and Rossendale) remains, a second round be opened later in the year, totalling £19,227.83.

  iii.  The remaining underspend of £5,488.58 across the remaining districts be carried forward into the next financial year 2018/19 and added to the relevant district's budget for LIF, subject to budget approvals for a future round.