CALDERDALE Council is proposing to plough £2.5m into jobs and growth.
But the council also admits it will have to reduce the number of staff it employs.
Clr Barry Collins, Cabinet member for the economy, said: “We’re bringing forward this proposed £2.5m fund to stimulate the local economy, regeneration and employment opportunities.
“We want to help generate new economic activity, new jobs within the area which will get more money circulated in the wider economy.”
The council’s draft budget says: “We know that this means that, even in a time of public spending cuts, we need to spend money to ensure Calderdale is a place both existing and new businesses want to grow in.
“We will also be working closely with neighbouring councils in the Leeds City Region to invest in infrastructure such as transport and the expansion of local broadband in Calderdale.”
But the draft budget shows that more than half the council’s costs relate to its own staff.
The report adds: “We can’t reduce our expenditure to £169m by 2015 without some impact on this and so inevitably there will be further reductions in the number of people employed by the council, many of whom also live in Calderdale.”
They say jobs will go through removing vacant posts, redeployments, voluntary retirements and restructuring to avoid compulsory redundancies.