strategic economic functions via the Tees Valley Local Enterprise
Partnership. In 2014, the region obtained a £5m City Deal and a
Growth Deal worth over £100m.
The Tees Valley Devolution Deal was agreed in October 2015,
allowing fiscal control of skills, transport and infrastructure,
innovation and business support and includes a 30-year gain share
worth £15m per year.
This deal provided the Combined Authority with broad powers in
respect of investment in the region, transport, land-use, and skills
Tees Valley Combined Authority (summary compiled with
reference to Devolution: A Mayor for Tees Valley, DCLG)
l Functional power of competence.
l Ability to raise a precept on council tax bills.
l Ability to raise an infrastructure levy.
l Borrowing powers.
l Transport powers including:
a) the power to develop and implement a Local Transport Plan;
b) Bus franchising powers.
l Land and development powers including the specific power to review
housing needs and to propose the creation and development of Mayoral
l Single pot consisting of an Investment Fund grant worth £450m over
l Apprenticeship grant for employers.