6 Local Initiative Fund 2017/18 PDF 126 KB
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Minutes:
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.
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