3. Funding for Exeter
We have been allocated £1.4 million through the UK Shared Prosperity Fund (UKSPF) over a three year period (2022/23 to 2024/25). UKSPF Additional Information was published August 2022.
The £1.4m funding allocation for Exeter, is broken down to the following years
2022/2023
- Capital (10%): £17,037.30
- Revenue (90%): £153,335.70
- Total: £170,373
2023/2024
- Capital (18%): £63,540.00
- Revenue (82%): £277,207.00
- Total: £340,747.00
2024/2025
- Capital: (20%) £179,440
- Revenue: (80%) £713,317
- Total: £892,757
The total allocated fund is £1,403,877.
Exeter projects have been developed under one of three themes: Communities and Place, Supporting Local Business, and People and Skills. People and Skills projects will commence 2024/25.