Decision details

Grant Funding

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

The purpose of this report is to consider the long term future of Breckland Council’s match funding programme and seek agreement for the establishment of a local authority lottery for Breckland, which would support the local voluntary and community sector.

 

Decision:

1)     That Cabinet recommend to Council a match funding reserve of £300,000 is maintained for grant giving in 2017/18 and 2018/19 (£150,000 per annum) and that the remaining balance from this reserve is deallocated and made available for investment linked to the Councils developing investment strategy;   

2)     That a Breckland Lottery is introduced and that subject to due diligence and procurement an External Lottery Management company is engaged;

3)     That the Executive Director of Place and the Place Manager are nominated to be the Personal Licence holders for the Breckland Lottery;

4)     That delegated authority is given to the Executive Director of Place, in consultation with the Executive Member of Place, to agree the criteria for the inclusion of ‘good causes’ that would benefit from lottery funding.

Reasons for the decision:

A combination of Options 4.and 5. is recommended.

 

1)     It is recommended that £300,000 is maintained in the match funding reserve to support local voluntary and community groups in 2017/18 and 2018/19 with up to £150,000 funding per annum.  The current match funding procedures will remain in place for this sum.

 

2)     It is recommended that the remaining balance in the match funding reserve is deallocated and made available for spend elsewhere linked to the Council’s developing Investment Strategy.

 

3)     It is further recommended that a Breckland Lottery is established to supplement the grant giving arrangements described above.

 

4)     Continuing to operate the match funding (as it stands) for the remainder of 2017/18 and through 2018/19 [with £150,000 available per annum] will enable the transition to the new arrangements to be managed effectively, i.e. the lottery scheme to be introduced and the return from any investment to be realised (and subsequently used for grant funding). 

 

5)     The combination of both options would ensure that we can continue to invite applications from communities across the district (using the investment yield) for funding and support specific, pre-identified “good causes” through the Breckland Lottery. 

 

6)     This combined approach would ensure the longevity of grant funding, provide a more strategic approach to any allocations and be more affordable.

 

Alternative options considered:

See Report.

Publication date: 11/07/2017

Date of decision: 10/07/2017

Decided at meeting: 10/07/2017 - Cabinet

Effective from: 19/07/2017

Accompanying Documents: