Appendix 1: 2023/24 Local Growth Fund (LGF) Programme: Final Spend and Mitigation

*Figures provided below relate only to LGF investment and do not include other scheme contributions

Scheme 

Total LGF Allocation all Years (£)

23/24 Final Spend (£)

LGF carried forward from 22/23 (£)

Grant Drawn Down in 23/24 (£)

Transfer to ESCC Capital Programme (mitigation option 4) (£)

Mitigated (£)

Newhaven Flood Defences

            1,500,000

-

-  

-  

  -                                       

-  

Hailsham/Polegate/Eastbourne movement and access transport scheme

            2,100,000

259,640.32

        380,975.16

 - 

  -         

 - 

Eastbourne and South Wealden walking and cycling LSTF package

            6,600,000

89,392.32

    2,021,143.85

-  

              

-  

Queensway Gateway Road

          10,000,000

-

-  

-  

 -  

-  

Hastings and Bexhill movement and access package

            9,000,000

     -222,361.09

    4,027,920.97

-  

 -         

-  

Eastbourne town centre LSTF access and improvement package

            8,000,000

-   

    1,667,653.66

-  

 -  

-  

Swallow Business Park

            1,400,000

-

 -  

-  

 -  

-  

Sovereign Harbour (aka site infrastructure investment)

            1,700,000

-

 -  

-  

 -  

-  

Coastal Communities Housing Intervention Hastings

                 666,667

-

 -  

-  

 -  

-  

North Bexhill Access Road and Bexhill Enterprise Park

          18,600,000

  -

   -  

   -  

-  

-  

East Sussex Strategic Growth package

            8,200,000

  - 

   -  

   -  

-  

-  

Devonshire Park

            5,000,000

  -

   -  

   -  

-  

-  

Bexhill Enterprise Park North

            1,940,000

  -

   -  

   -  

-  

-  

Skills for rural businesses post-Brexit

            4,413,000

  -

   -  

   -  

-  

-  

Churchfields Business Centre (Sidney Little Road Business Incubator Hub)

                 500,000

  -

   -  

   -  

-  

-  

Bexhill Creative Workspace

                 960,000

  -

   -  

   -  

-  

-  

Eastbourne Fisherman's Quayside and Infrastructure Development

            1,440,000

  -

   -  

   -  

-  

-  

Total

82,019,667.00

126,671.55

8,097,693.64

  -

-

-