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By Jordan Marshall2019-01-15T06:00:00
The West Midlands Combined Authority has said the lack of a secure funding plan is the “most significant risk regarding the Commonwealth Games”
The West Midlands Combined Authority has revealed that the funding for projects needed for the 2022 Commonwealth Games in Birmingham is still up in the air.
In a report prepared for a meeting of the local authority’s audit and risk assurance committee, a lack of secure funding is the “most significant risk regarding the Commonwealth Games”.
The report said: “Transport for West Midlands is expending significant monies in advancing the transport planning for the Games, however there is a financial risk that these will not be fully reimbursed and a reputational risk that any agreed budget will be inadequate to fulfil national, regional and local expectations of transport services.
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