May 28, 2009
crunch time for Burnham-On-Sea's bid for regeneration funding
bosses in Burnham-On-Sea are keeping their fingers crossed for
good news, with an announcement due next month on whether the
town has been successful in gaining millions of pounds of funding.
South West Regional Development Agency (SWRDA) is due to announce
on June 8th which regeneration schemes across the region - including
Burnham's Civic Pride project to redevelop the town centre - will
Regional Development Agency Chief Executive Jane Henderson has
already said that that the budget setting is "taking place
against the backdrop of considerably reduced funding available
to the Agency" - making it possible that Burnham's regeneration
bosses could be disapppointed.
Slawski, Group Manager Regeneration at Sedgemoor District Council,
told Burnham-On-Sea.com this week: "We have our fingers crossed
for good news, but we have to be realistic too. SWRDA's overall
pot of funding has been reduced, so we might not get as much as
we would like."
government's 2007 spending review reduced all RDAs' budgets by
5% year-on-year for 2008/09, 2009/10 and 2010/11.
in recent months, some of the funding for RDAs has been re-directed
by the Government to pay for national business support and housing
image above shows how Burnham town centre is expected to look