Mayoral Investment Fund
How devolution is unlocking investment for York and North Yorkshire.
Key information
The York and North Yorkshire devolution deal includes a Mayoral Investment Fund worth £540 million. This is £18 million every year for 30 years. This fund is in addition to devolved funding for transport, education and business support.
Decisions on how the fund will be utilised for York and North Yorkshire will follow the election of the Mayor in May 2024.
Background information
Further details about the devolution deal are available on our latest news page.