For 2015 to 2019 the government has devolved its funding for major transport schemes to new local transport bodies, to be formed by local transport authorities and local enterprise partnerships.
Hampshire County Council, Isle of Wight Council, Portsmouth City Council, Southampton City Council and the Solent Local Enterprise Partnership ( Solent LEP) have applied to the government to establish the Solent Local Transport Body, to cover the same area as the Solent LEP and the Transport for South Hampshire and Isle of Wight partnership.
The remit of the new local transport bodies is to decide on major transport priorities between 2015 and 2019 and to award funding to prioritised schemes.
Existing statutory duties and responsibilities of local transport authorities are unaffected. The Solent LTB is distinct from the Transport for South Hampshire and Isle of Wight Partnership, which has a wider remit on strategic transport matters.
The major transport scheme budget will be capital only and the government has indicated that the Solent area will receive a total of about £19.2m over the period 2015 to 2019. This funding will form part of the un-ringfenced Local Growth Fund.
Dates, agendas and key documents for past and future Solent LTB meetings are available from the meeting information system pages.
Please type Solent Local Transport Body into the search box.
There are two prioritisation rounds, see section two of the guidance notes below. Round one closed on Wednesday 12 June. Applications recieved are available for download below.
Since the LTB invited applications for funding, it was announced in the 2013 Spending Review that devolved local major transport scheme funding would form part of the Local Growth Fund from 2015-16. That funding is no longer ring-fenced for transport and will not flow through Local Transport Bodies. Instead the decisions on use of Local Growth Funding will be made by Local Enterprise Partnerships (LEPs) and locally, this will be the Solent LEP.
Spend in 2015-16 must be spent in year and future funding allocations will be influenced by proven ability to deliver.
In consideration of these changes, it was felt that a re-assessment exercise should take place that would employ the original assessment methodology, but also interrogate evidence on ability to deliver in 2015-16, certainty over economic outputs, and certainty over local funding contributions.
11 October 2013: Six schemes were assessed in this second assessment exercise, five of these available for download below, final document to follow, please check back:
Round one applications received are available below: