Mayors

(asked on 10th July 2017) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Communities and Local Government, pursuant to his oral contribution of 5 July 2017, Official Report, column 1156, on revenue-raising powers for mayors, who will disburse the new funding referred; how that funding will be disbursed; and whether that funding will be available to all local authorities across England.


Answered by
Marcus Jones Portrait
Marcus Jones
Treasurer of HM Household (Deputy Chief Whip, House of Commons)
This question was answered on 13th July 2017

The funding of £770 million, to which my Rt Hon Friend referred, is to be disbursed by government to the Cambridgeshire and Peterborough Combined Authority and comprises £600 million capital investment funding to be paid at £20 million per year for 30 years, and £170 million to be made available for housing and infrastructure, £70 million being for investment in Cambridge City. In addition, the Combined Authority Mayor has powers to set a precept for 2018/19 and subsequent years, with increases subject to the council tax referendum arrangements.

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