Funding for infrastructure, land regeneration and job training schemes to help drive the region’s post Covid-19 economic recovery and fight climate change has been set out in this year’s West Midlands Combined Authority (WMCA) budget. A package of major transport projects to tackle air pollution and better connect people to jobs, education and training opportunities are included in a 2022/23 WMCA budget totalling £879.2m. Money is also allocated to transform even more derelict industrial sites for new homes and jobs, helping to relieve pressure on the green belt.
The Budget, which was approved by the WMCA Board today (Friday February 11), includes an Adult Education Budget (AEB) of more than £140m to give people the skills they need to get back into work quickly and secure jobs in growing sectors such as construction, digital and the emerging green industries.
For the fifth year running the budget will not include a mayoral precept on people’s Council Tax bills.
