Decision details

The Executive Member will be asked to approve interim Financial Inclusion funding allocations 2019/20 and the development of a longer term future funding strategy to feed into the 2020/21 annual budget process.

This work will contribute to the implementation of Executive’s agreed recommendations from the Financial Inclusion Scrutiny Review (approved March 2019).

Resolved: That;

a)   The recommended Option 1 to extend the 2019/20 allocations to safeguard any successful and appropriate current schemes at risk in the short term be approved

b)   The delivery of a longer term strategy for the sustainability of successful Financial Inclusion projects be approved.

Reason:

a)   To ensure the that councillors, residents, partners and groups are aware of financial inclusion activity and the approval/use of associated funding. 

b)    To ensure that approved scrutiny actions are implemented.