The success of the Bristol Pound is under the spotlight on Thursday as Cabinet Office Minister Nick Hurd visits Bristol.
The Conservative MP will be talking about the importance of social innovation in the city, like the new currency.
He will meet Bristol Mayor George Ferguson to spend some of it.
Nearly £400,000 is to be spent on trying to make cycling in Bristol safer. The numbers of people using two wheels in the city has doubled in the last decade, but injuries have risen, too.
Mayor George Ferguson arrived in office pledging to tackle Bristol's transport problems and has revealed to ITV News a controversial congestion charge may be one solution.
The Mayor of Bristol says he will look again at plans to cut funding to PCSOs.
Following a meeting with Sue Mountstevens, Avon and Somerset Police andCrime Commissioner, he said:
"She has made a strong case today, which I shall carefully reflect on.
I am conscious though that Bristol City Council’s spending on PCSOs is completely out of kilter with other regional capital cities, with Manchester, Liverpool, Nottingham, and Birmingham City Councils not funding any, and Sheffield currently funding just ten.
These other cities have their PCSOs paid for by the police, not the local authority.
Mr Fergusson suggested making the cuts in a bid to help save £35 million for Bristol City Council and £7 million for Avon and Somerset Police.