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Decision details

Financial Inclusion interim and future funding strategy

Decision Maker: Decision Session - Executive Member for Finance and Performance, Executive Member for Finance and Performance

Decision status: Decision Made

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

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).

Decision:

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.

Report author: Pauline Stuchfield

Publication date: 12/08/2019

Date of decision: 12/08/2019

Decided at meeting: 12/08/2019 - Decision Session - Executive Member for Finance and Performance

Effective from: 15/08/2019

Accompanying Documents:

 

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