Issue - meetings

Report of the Cabinet Member for Communities, outlining a proposal to pool multi-agency budgets to support learning, skills and employment of Southampton residents, and seeking authority for Southampton City Council to be Lead Accountable Body for the administration and allocation of the funds, attached.

DECISION MADE: (Ref: CAB 12/13 9600)

On consideration of the report of the Cabinet Member for Communities, Cabinet agreed the following:

(i)  To endorse the multi-agency strategic investment model.

(ii)  To accept, in accordance with Financial Procedure Rules, funding from external agencies, and act as Lead Accountable Body for the administration of the funds.

(iii)  To delegate authority to the Director of Environment and Economy, following consultation with the Leader, Head of Legal, HR and Democratic Services, to undertake such actions necessary to enable the successful delivery of the project.

(iv)  To approve, in accordance with Financial Procedure Rules and Procurement regulations, revenue expenditure on behalf of partner agencies of up to £2 million per annum for the project.

(v)  To approve that Southampton City Council will undertake all management, administration and reporting of the pooled fund, at a rate of 5% of the total budget. This will safeguard a post to administer the scheme.