Maldon District Council confirms the district will receive Prosperity Fund allocation next year

By Chloe Brewster 17th Dec 2024

Maldon's Shared Prosperity Fund allocation has been used for a number of community projects this year, including new parks and a replacement pontoon in Burnham. (Credit: Ben Shahrabi)
Maldon's Shared Prosperity Fund allocation has been used for a number of community projects this year, including new parks and a replacement pontoon in Burnham. (Credit: Ben Shahrabi)

Maldon District Council have confirmed that the District will receive a further allocation of the UK Shared Prosperity Fund (UKSPF) for 2025/2026.  

In the Autumn Budget published earlier this year, the Chancellor confirmed the continuation of UKSPF for another year, which will allow local authorities to invest in local growth, in advance of wider funding reforms.

The £327,146 allocation for the Maldon District will fund projects over the next financial year, continuing support of the Council's priorities which include communities and places, supporting local business, and people and skills.  

 Councillor Richard Siddall, Leader of Maldon District Council, said "I am delighted that the Government have confirmed a further UKSPF allocation for the Maldon District. 

"This continued funding will give the Council more opportunities to deliver a range of projects across the District for the benefit of our residents, visitors and businesses. 

"We have already delivered the Burnham-on-Crouch Pontoon, two new accessible play areas and a wider business engagement programme, to name a few, with the previous funding.

"We look forward to sharing further details about the new projects in the new year." 

     

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