Issue - meetings

GMCA Revenue Update Quarter 1 2023/24

 

 

Meeting: 28/07/2023 - Greater Manchester Combined Authority (Item 17.)

17. GMCA Revenue Update Quarter 1 2023/24 pdf icon PDF 312 KB

Report of Councillor David Molyneux, Portfolio Lead for Investment & Resources.

Additional documents:

Decision:

1.    That an increase to the Mayoral budget of £500k funded from Mayoral reserves towards the cost of additional extended rough sleeper provision provided through Manchester City Council (para 3.2) be approved.

 

2.    That an increase to the revenue grant to Transport for Greater Manchester of £7.8m funded from the Capital Programme Reserve to fund capital financing costs that are unable to be met from Metrolink revenues (para. 6.14) be approved.

 

3.    That the intention to re-allocate £15m of Bus Service Improvement Programme (BSIP) grant funding previously awarded by Department for Transport to support bus services, with £7.5m of this re-allocation to be utilised in 2023/24 and £7.5m in 2024/25 (para 6.14) be noted.