Issue - meetings

LDLSP Performance Reward Grant

 

 

Meeting: 26/07/2011 - Cabinet (Item 26)

26 LDLSP Performance Reward Grant pdf icon PDF 152 KB

(Cabinet Member with Special Responsibility Councillor Blamire)

 

Report of the Head of Community Engagement

 

Minutes:


(Cabinet Member with Special Responsibility Councillor Blamire)

 

Cabinet received a report from the Head of Community Engagement to seek approval for the latest proposals from the Lancaster District Local Strategic Partnership (LDLSP) Management Group for the allocation of the one-off Performance Reward Grant (PRG).

 

The options, options analysis, including risk assessment and officer preferred option, were set out in the report as follows:

 

 

Advantages

Disadvantages

Risks

Option 1: Approve the proposals

 

Key priorities for the LDLSP and the City Council will be addressed, including the Climate Change, Economic Regeneration and Partnership Working corporate plan  priorities

 

A significant amount of matched funding will be secured for the district

 

Delegation of authority to agree the specific domestic abuse activities will ensure no delay in decision-making

 

 

There will be no PRG revenue funding available to address any future issues that arise

 

Financial and reputational risks: The initiatives are complex and will require strong leadership and management to ensure they are successful. If this is not achieved then any delays or failures could result in a waste of public funds, and reputational risk to the LDLSP and its partners, including the City Council.

 

 

Option 2: Do nothing

The PRG funding would be available for other initiatives.

 

The proposed initiatives will not go ahead, leading to missed opportunities to deliver better services and outcomes for local people.

 

Matched funding via the CERT and FITs schemes will be lost.

 

Reputational risk: there is the potential for a loss of trust between the City Council and other LDLSP partners

 

 

 

The LDLSP has finalised proposals for the proposed PRG initiatives and approval from Cabinet was required to ensure that these benefits were now realised:

 

·          The focus on hydroelectricity would facilitate the development of long-term renewable energy initiatives that would leverage initial investment AND provide a long-term benefit for local communities.

·          The ‘Warm Homes’ initiative would insulate 2000 homes, many occupied by households at risk of fuel poverty, with matched funding maximising the LSP’s investment.

 

·          The social enterprise initiative would help to create self-sustaining service delivery and will enhance the potential of local organisations in supporting their local communities.

 

·          The fund finder initiative will not only bring at least £1 million of new strategic investment into the district, but would improve the ability of organisations to successfully bid for their own funds in future.

 

·          The domestic abuse initiative would provide direct and immediate support to some of the district’s most vulnerable families, as well as helping to ensure a sustainable future for domestic abuse services beyond 2012.

 

These initiatives were complex and amendments to the plans would certainly be required – by delegating authority to the Leader to approve those decisions Cabinet would ensure that approval was given in a timely manner.

 

PRG was a one-off opportunity and these initiatives would ensure that it would meet partner expectations and deliver a lasting legacy in the district. Further initiatives that would benefit from the unallocated capital PRG monies were currently being considered by the LSP.  Authorisation for any  ...  view the full minutes text for item 26