Core Funding Review
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
To present the outcomes of the Core Funding Review.
Councillor Mullin introduced the report and explained that the Council had, historically, provided funding to some third sector organisations via Core Funding Agreements.
The majority of organisations receiving core funding had done so for many years and as such a review of the funding arrangements and their suitability in aiding the Council to achieve its priorities and objectives was timely. The Core Funding Review commenced in 2019 and had now been completed. The outcomes of the review were presented in the report.
(a) That renaming the fund “Strategic Funding” be endorsed to reflect the changing use of the fund to commission services;
(b) That the allocation of funding as set out in Appendix 3 and the withdrawal of funding to one organisation be agreed;
(c) That the current and future underspend of the fund be retained to provide flexibility to support the third sector, including making one-off payments as and when appropriate; and
(d) That a further in-depth review of this fund and the Community Chest be supported, to be undertaken within a three year timeframe to ensure both funding streams continue to be viable in meeting the Council’s needs.
Report author: Fiona Mocko
Publication date: 17/11/2021
Date of decision: 16/11/2021
Decided at meeting: 16/11/2021 - Cabinet
Effective from: 25/11/2021