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<p>The Government has provided £5 million of grant to the Tees Valley Combined Authority
to support the operations of the South Tees Development Corporation in 2018/19 and
2019/20. The latest budget plan for the development corporation over these 2 years
outlines expenditure of £7.572 million. The actual amounts spent, and the sources
of the income will be available in the statement of accounts for those years when
published. The South Tees Development Corporation's statement of accounts for 2017/18
- its first year of operation is available (attached) - here: <a href="https://www.southteesdc.com/wp-content/uploads/2018/07/STDC-17-18-Signed-Accounts.pdf"
target="_blank">https://www.southteesdc.com/wp-content/uploads/2018/07/STDC-17-18-Signed-Accounts.pdf</a></p><p>
</p><p> </p><p> </p><p> </p>
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