GRANTS IN AID
A staff report evaluating the 2020 applications for Grants in Aid, funded by casino revenue, and recommending approval in accordance with town policy.
TOWN OF VIEW ROYAL
COMMITTEE OF THE WHOLE REPORT
TO: Committee of the Whole
DATE: March 4, 2020
FROM: Dawn Christenson, Director of Finance
MEETING: March 10, 2020
GRANTS IN AID
RECOMMENDATION:
THAT the Committee recommend approval of grants in aid in accordance with Policy 1600-012 (Grants in Aid).
CHIEF ADMINISTRATIVE OFFICER’S COMMENTS:
I concur with the recommendation.
PURPOSE OF REPORT:
To consider applications for grants in aid in accordance with the Policy 1600-012 (Grants in Aid).
BACKGROUND DISCUSSION:
The Grants in Aid policy provides guidance for the approval of grants in aid and suggests that an amount equal to 5% of View Royal’s share of the prior year’s funding received from Casino revenue be allocated to grants-in-aid. For 2020, this amount is $102,500. The policy also suggests that Council may approve up to 95% of the annual funding to applications received by the deadline date of March 2, and the balance allocated throughout the remainder of the year. For 2020, the amount to be allocated to applications received by the deadline is $97,375.
Schedule A provides a listing of applications received to date, segregated by whether the organization received a grant previously or is a new applicant. The total of all applications received is $116,029 which represents an oversubscription of $18,654.
Schedule B lists organizations that received grants in the last two years but for which applications for 2020 have not yet been received.
Schedule C describes the various criteria set out by the policy and staff’s assessment of each application based on these criteria.
BUDGET IMPLICATIONS:
The 2020-2024 Financial Plan includes a total of $102,500 for grants in aid based on the Grants in Aid policy and estimated prior year Casino revenue. If Council wishes to allocate grants in excess of this amount a budget amendment is required that identifies the authorized amount and the source of funding.
RECOMMENDATION:
THAT the Committee recommend approval of grants in aid in accordance with Policy 1600-012 (Grants in Aid).
SUBMITTED BY: _______________________________________________
REVIEWED BY: _______________________________________________ K. Anéma, Chief Administrative Officer
Attachments:
- Schedule A 2020 Grants in Aid applications summary
- Schedule B 2020 Grants in Aid summary-prior recipients with no current year request
- Schedule C Grants in Aid applications assessment
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