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REGIONAL FUNDING ADVICE What’s it all about?

REGIONAL FUNDING ADVICE What’s it all about?. Thoss Shearer 17 October 2008. www.gosw.gov.uk • 0117 900 1700 • contactus.gosw@go-regions.gsi.gov.uk. REGIONAL FUNDING ADVICE. Regions to advise on inter-related and inter- dependent public spending decisions

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REGIONAL FUNDING ADVICE What’s it all about?

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  1. REGIONAL FUNDING ADVICEWhat’s it all about? Thoss Shearer 17 October 2008 www.gosw.gov.uk • 0117 900 1700 • contactus.gosw@go-regions.gsi.gov.uk

  2. REGIONAL FUNDING ADVICE • Regions to advise on inter-related and inter- dependent public spending decisions • Long term funding assumptions to assist strategic planning • Indicative – not guaranteed beyond 3 years but a guide • 2005 round covered housing transport and economic development

  3. RFA AND IMPACT OF SNR • Commitment to a second expanded exercise: more power to advise on priorities that drive growth • Additional funding streams for housing and regeneration, transport and economic development • Integration of skills advice (but not money!) • Stronger linkage to PSAs • 1st step in implementation of SNR drawing stronger links between strategy and delivery www.gosw.gov.uk • 0117 900 1700 • contactus.gosw@go-regions.gsi.gov.uk

  4. RFA2 RESOURCES • Opportunity to influence use of around £9.9 billion for SW to 2018/19 • 2008/9 – 2010/11 CSR - Firm allocations • 2011 – 2019 Longer term planning assumptions • Scenario planning expected +/- 10% • Mainly capital (restrictions on revenue) • ERDF – ring fenced • Housing & regen includes funds which will transfer to HCA

  5. RFA 2008 - 2011 • 3 year firm allocations covering CSR

  6. RESOURCES 2011 – 19 • Longer term assumptions • Headline figures. Capacity to switch funds

  7. RFA 1 RESPONSE • SW pick of the bunch • Regional Infrastructure Fund • Joint Delivery Teams - East of Exeter etc. • Transport – very strong

  8. A WORD ON SKILLS…. • Regions to advise on skills priorities as part of the overall package of regional funding advice. • 3 year focus • RSP is the mechanism to advise on skills/training priorities. LSC advice and input is also critical

  9. HANDLING, PROCESS AND FORMAT • Submitted to Regional Minister by end Feb • Format: evidence base, programmes of investment - 35 pages limit! • Regions to determine their own approach • Advice to represent the region and reflect a wide range views eg SEE partners, sub-regions, etc

  10. REGIONAL MINISTER AND GO ROLE • Regional Minister : • Works with partners to broker/develop priorities • Formally receives advice and takes into Government • GO Role: • Facilitator • Flagging up issues with Whitehall • Supporting the Regional Minister

  11. ISSUES/CHALLENGES • Getting to priorities: In advance of a clearly stated and owned Single Regional Strategy – Regional Spatial Strategy • Handling/Co-ordination: Cross- boundary issues • Skills: How to integrate within overall advice? • Ownership • Transition: ?

  12. TIMETABLE • RFA regional proposals to Regional Minister, Ben Bradshaw, by end of Feb

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