Christopher Cresswell stated that the note contained information on the main funding streams in terms of mitigating and adding benefits to the impact of HS2 in Warwickshire. These streams were the: Community & Environment Fund, the Business & Local Economy Fund, the Road Safety Fund and the Woodland Fund. The main funding streams were the Community & Environment Fund (CEF) and the Business & Local Economy Fund of which there were 29 successful projects in the county and close to £1.5 million had been paid out through this. The Road Safety Fund from the DfT allocated £8 million which was spent on applicable projects, and this was on the second tranche of funding.
In response to Councillor Jackie D’Arcy, Christopher Cresswell stated that the HS2 CEF was open until one year after the construction of HS2, therefore, there was no confirmed end date yet.