West Yorkshire is set to receive nearly £2 billion in funding to take a major step forward in its devolution revolution.
The investment follows confirmation of the region's first Integrated Settlement, announced in the Autumn Budget.
It will be discussed by Mayor of West Yorkshire Tracy Brabin and council leaders from Bradford, Calderdale, Kirklees, Leeds, and Wakefield, ahead of funds being released from April 2026.
Tracy Brabin, Mayor of West Yorkshire, said: "This is a historic moment for devolution in West Yorkshire.
"Our Integrated Settlement gives us the flexibility and certainty we need to invest in the things that really matter to local people – better transport, more affordable homes, skills for life and work, and support for businesses to grow and thrive.
"It’s the culmination of years of hard work and partnership, and shows the government’s confidence in our ability to deliver for our region and the growth mission.
"This will enable us to take bold, long-term decisions that will transform our economy, create good jobs, and make West Yorkshire an even better place to live and work."
The West Yorkshire Combined Authority has been preparing to make use of the new funding, which is worth nearly £400 million in the first year.
A budget paper outlining spending proposals is set to be presented in the new year.
The Integrated Settlement gives the Mayor and Combined Authority greater flexibility and long-term certainty.
It brings together funding across transport, skills, housing, and other key areas to support delivery of the region’s Local Growth Plan.
Over the next four years, the Combined Authority will invest more than £1.9 billion to drive inclusive growth and raise living standards.
Annual allocations begin at £397.8 million in 2026/27, rising to £530.9 million by 2029/30.
Key areas of investment include more than £200 million each year for transport schemes, including rail station upgrades and improvements to bus and active travel networks.
More than £85 million per year will support adult skills and employment programmes, such as skills bootcamps.
The Combined Authority is working with the Government on a formal readiness check, led by PwC, and an outcomes framework to support delivery.
Following the December 4 meeting, the framework and delivery plans will be finalised ahead of funds being released.
All investment decisions will continue to be made under the Authority’s assurance framework to ensure transparency and value for money.
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