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The new Integrated Settlement will replace more than 20 funding streams with a single multi-year package, enabling the Combined Authority and its six Local Authorities to plan more effectively over a longer period.
The new system recognises the City Region’s track record of delivery since the Mayoral Combined Authority was established in May 2017.
The £1.5 billion package breaks down into £417m ‘revenue’ funding – for day-to-day spending over three years – and £1.1 billion ‘capital’ funding for big investments and major projects over four years.
Speaking about the introduction of the Integrated Settlement, Liverpool City Region Combined Authority Chief Executive Katherine Fairclough said:
“This long-term Integrated Settlement marks a new chapter for our city region — a chance to think beyond the horizon and shape the future for generations to come. With certainty over funding, we can back bold ideas, unlock new opportunities, and work with our local councils to transform our communities at scale.
“This gives us the power to create the high‑skilled jobs of tomorrow, build more much-needed homes, and accelerate our journey towards a cleaner, fairer, more prosperous region. It’s about turning long‑held ambitions into tangible progress for every corner of the Liverpool City Region.”
The Integrated Settlement will give greater local control and a degree of increased flexibility across six key areas – our economy, housing, skills, transport, the environment, and health, wellbeing and public service reform.
The new funding arrangement provides greater choice and control, and some extra flexibility to invest devolved funding in ways that grow the City Region’s economy and make life better for its communities.
The Integrated Settlement provides greater stability over funding too, putting the Combined Authority on a better footing to address longer-term opportunities and complex challenges and make stronger strategic decisions about how it invests in the services, projects and schemes that make a difference to residents’ lives.
