Decision details

Decision:

1.        Award a grant of £0.2m to the YAT for a period of 12 months to 31 March 2026 whilst a grant review is undertaken. 

2.        Include in the grant agreement requirements that the YAT demonstrates how the grant is being used to:

·        Provide value for money, demonstrating how the grant will enable the YAT to secure match funding and move towards a more financially sustainable position. 

·        Provide additionality to the cultural and community offer that would have otherwise been provided by the YAT without the grant. 

·        Support our strategic outcomes for Guildford, in particular a more inclusive borough and a more prosperous borough. 

Reason(s):

1.        Award a grant of £0.2m to the YAT for a period of 12 months to 31 March 2026 whilst a grant review is undertaken. 

2.        Include in the grant agreement requirements that the YAT demonstrates how the grant is being used to:

·        Provide value for money, demonstrating how the grant will enable the YAT to secure match funding and move towards a more financially sustainable position. 

·        Provide additionality to the cultural and community offer that would have otherwise been provided by the YAT without the grant. 

·        Support our strategic outcomes for Guildford, in particular a more inclusive borough and a more prosperous borough. 

Other options considered and rejected by the Executive:

Option 1: Not continue funding

Option 2: Reduce funding

Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:

None.