Resolved:
(a) That the Combined Authority proposed revenue budget for 2021/22 be approved.
(b) That the indicative capital programme and budget for 2020/21 – 2023/24 be approved.
(c) That progress on the 2021/22 business plan be noted.
(d) That £1.5 million of the 2021/22 gainshare to meet the costs of both the Mayor’s Office and mayor readiness costs that are incurred in 2021/22, including final costs of the election process be approved.
(e) That approval be given to use the 2021/22 Mayoral Capacity Fund of £1 million to meet the additional capacity/support costs as set out in the submitted report.
(f) That the Transport Committee be delegated to approve individual schemes within the integrated transport block of the 2021/22 capital programme up to a maximum cost of £3 million.
(g) That in accordance with the powers contained in the Local Government Finance Act 1988 (as amended) and by virtue of article 9(6) of the West Yorkshire Combined Authority Order and the Transport Levying Bodies Regulations 2015 (as amended) a levy of £103 million be determined for the year ended 31 March 2022.
(h) That the Director, Corporate Services be authorised to issue the levy letter in respect of the financial year ending 31 March 2022 to the five District Councils in West Yorkshire.
(i) That a payment of £5.09 million be made to the five District Councils in accordance with Table 2 of the report.
(j) That authorisation be given to the Director, Corporate Services to arrange appropriate funding for all expenditure in 2020/21 and 2021/22 subject to statutory limitation, including the most appropriate application of capital funding as set out in the report.
(k) That once funding is received, approval be given for the Director, Corporate Services to approve payment of highways maintenance funding and the pothole action fund, to be paid quarterly to the West Yorkshire local authorities in accordance with the DfT formula.
(l) That approval be given to the continuing of the policy, effective from 2017/18, for recovering the Combined Authority costs of managing the capital programme against the capital programme spend being mainly West Yorkshire plus Transport Fund, Transforming Cities, Getting Building Fund, Brownfield Housing, Local Transport Plan Integrated Transport and any schemes developed in year. For 2021/22 the estimated total value is £9.6 million (2% - 3% of the total capital programme).
(m) That the adoption of the CIPFA Code of Practice for Treasury Management in Public Services be reaffirmed.
(n) That the treasury management policy as set out in Appendix 5 be approved.
(o) That the prudential limits for the next three years as set out in Appendix 5 be adopted.