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25
Jul 2023
Council approves additional £1m to set up North Yorkshire combined authority
A committee that focuses on North Yorkshire’s devolution deal has approved an additional £1 million to implement a new authority.
The North Yorkshire Combined Authority, which will elect a mayor in May 2024, will oversee £13 million worth of new homes, green economic growth to achieve a carbon-negative region, and further investment in digital broadband, if its setup is successful.
The combined authority is scheduled to be launched in November this year.
It will include councillors from North Yorkshire Council and City of York Council and make decisions on matters such as economic development and transport.
North Yorkshire has already spent £582,000 on the implementation of the authority, but a further £1 million was granted by the committee on July 24.
Nick Edwards from North Yorkshire Council, speaking on behalf of the chief finance officer for the devolution deal, said:
However, Mr Edwards asked the committee to consider the significant returns this investment would take from securing the implementation of the deal.
Mr Edwards said:
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These funds are expected to go towards the mayoral capacity fund, the transport capacity fund and the investment fund.
A request to approve an adult education budget request of almost £500,000 was also approved at the meeting.
The estimated cost of delivering the implementation stage of the adult education budget over two years is £975,748.
The bid to the Department of Education is £480,932 (49.29%), requiring a local contribution of £494,816 (50.71%).
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