TOWNSHIP OF ESQUIMALT STAFF REPORT
MEETING DATE: February 3, 2025 Report No. FIN-25-003
TO: Council
FROM: Ian Irvine, Director of Financial Services
SUBJECT: 2025 Local Grant Allocations
RECOMMENDATION:
Recommendation
That Council consider the allocation of $3,400 from the local grant account to fund the application by Theatre Al Dente for the 2025 fiscal year.
Body
EXECUTIVE SUMMARY:
To provide Council with information regarding the recent Local Grant Committee meeting and to summarize the Committee's recommendations for Council consideration.
BACKGROUND:
The Local Grant Committee, comprised of Councillors Cavens, Helliwell and Morrison, held a meeting on January 20, 2025, to prepare its recommendations to Council. Due to the number of previously approved grant requests, there were 10 applications to be reviewed. Following their review of the applications, the Committee made a recommendation about whether to provide funding to these organizations based on the total available funding of $160,000 included in the draft 2025-2029 Financial Plan.
ANALYSIS:
Local grant decisions are made by Council after considering the recommendations of the Local Grant Committee. Draft minutes from the Local Grant Committee meeting are attached to the Council agenda.
OPTIONS:
1. That Council consider the allocation of $3,400 from the local grant account to fund the application by Theatre Al Dente for the 2025 fiscal year.
2. That Council amend the list of recommended grants and approve the list as amended.
COUNCIL PRIORITY:
Engaged and Healthy Community
FINANCIAL IMPACT:
The Committee's recommendation would result in an additional distribution of $3,400 from the local grant account in addition to the previously approved annual distribution of $138,500. The remaining account balance after this approval would be $18,100 which would be available for allocation during the 2025 fiscal year, and if unexpended, it would be recognized as operating surplus. This ...
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