Issue - decisions

Advice of the Advisory Panel

That the Executive Leader be advised to :

(i)                 Approve Option A as set out in paragraph 24 of the report and detailed in Annex 3;

(ii)               Approve the additions to Option A set out in paragraph 28 if the additional growth bid is approved for the 2008/09 budget;

(iii)             Recommend that Officers review the options for making the most effective use of the City Strategy funding budget during 2008 and that the proposals are brought back to Members in due course.

Decision of the Executive Leader

RESOLVED :That the advice of the Advisory Panel be accepted and endorsed.

REASON :                 (i)         This provides continuity and eliminates the impact of any reductions in funding. These organisations have been identified as high priority as they meet some or all of the criteria for funding;

(ii)               This will ensure that an inflationary increase is applied to all grants and will enable additional grant funding to be awarded to organisations;

(iii)             This is so the most effective use can be made of the City Strategy voluntary sector funding budget in the future. It is recognised that the difficulty in funding new applications is an issue that needs to be included in this review.