The unique Devolution deal gives the region £1.3 billion to spend over the next 30 years.
The Deal offers us new powers and funding to improve infrastructure, transport, skills, housing and other drivers of business growth.
To access these powers and this funding, some changes are required to our local decision making structures.
These include giving locally elected leaders and a directly elected City Region Mayor new powers, drawn down from Government.
We are also proposing to formally extend the area in which parts of the region work together so that it reflects the way that the economy really works.
Government is offering places in England the chance to have greater responsibility and control over decisions that affect their areas.
This process of transferring powers and decisions from a national to a more local level is called “devolution”.
The powers from Government will come down to locally elected Council Leaders and a directly elected City Region Mayor.
This does not involve any functions being transferred from councils
within the Sheffield City Region.
We think that local Leaders (including a directly elected City Region Mayor) are better placed to make the decisions that help grow the regional economy and create jobs.
Devolution will enable the City Region to focus on a number of key areas:
Creating better places to live, learn, work and do business with improved roads and locally managed public transport systems.
Creating new businesses, helping existing businesses to grow,
expanding their markets nationally and internationally and attracting new ones into the region.
Investing in education infrastructure, better skills, employment and adult