Decision details

LEP Budget Outturn Report 2016/17 and Operational Budget 2017/18

Decision status: Recommendations approved

Is Key decision?: No


Kathryn Molloy presented a report (circulated) regarding which contained the LEP Budget Outturn Report for 2016 / 17 and the proposed Operational Budget for 2017 / 18.


Resolved:  The LEP Board


(i)  Noted the contents of this report including the LEP's financial outturn position for 2016/17;


(ii)  Approved the inclusion of the LEP's financial outturn position for 2016/17 in the LEP's first Annual Report which will be published on the Lancashire Enterprise Partnership website;


(iii)  Approved the proposed revised Operational Budget for 2017/18; and


(iv)  Noted the balance statement for the LEP's Growing Places Investment Fund.

Report author: Kathryn Molloy

Date of decision: 29/06/2017

Decided at meeting: 29/06/2017 - Lancashire Enterprise Partnership Limited

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