Chancellor George Osborne recently signed a devolution agreement with the leaders of the city of Sheffield and its surrounding councils, paving the way for an elected mayor.
Sheffield City Region was one of 38 places to bid for increased control over its budget. The new mayor, to be elected in 2017, will chair meetings for Sheffield City Region Combined Authority and will be responsible for transport budgets and strategic planning.
Sheffield City Region will also have access to £30m a year of government money for 30 years, enabling Sheffield to boost local growth.
The city region is comprised of the nine local authority areas of Barnsley, Bassetlaw, Bolsover, Chesterfield, Derbyshire Dales, Doncaster, North East Derbyshire, Rotherham and Sheffield.
The deal will require the support of local councils and be subject to public consultation.
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