Annual Report of the Financial Inclusion Steering Group 2013/14
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: Yes
Purpose of Report: To update progress on financial inclusion activities with particular emphasis on the York Financial Assistance Scheme.
Members are asked to receive the report for information as per Cabinet decision 7 December 2013.
To allow it to be presented at the same time as the Poverty Update report this item has slipped from 3 June to 1 July Cabinet.
[Previously published on forward plan under title “Financial Inclusion Strategy Group for 2013/14”]
Resolved: That Cabinet agree to:
(i) Note the performance of the York Financial Assistance Scheme (YFAS) following the first year of operation.
(ii) Give commitment to maintaining the York Financial Assistance Scheme funding at its current levels (inclusive of grant) and considering in principle (subject to the full budget approval), the use of additional council tax from technical changes introduced on 1 April 2014 being directed towards the YFAS scheme.
Reason: To ensure Cabinet can properly plan for future financial pressures relating to the York Financial Assistance Scheme.
Report author: John Madden
Publication date: 01/07/2014
Date of decision: 01/07/2014
Decided at meeting: 01/07/2014 - Executive
Effective from: 04/07/2014