Report of the Chief Grants Officer & Director of City Bridge Trust
Minutes:
The Committee received a report of the CGO providing an update on progress against the Committee’s 2018/19 grants budgets and summarising those grants awarded and in management. The Committee noted a correction required on page 42. If approved, the grant commitments at today’s meeting would be £4,255,710.
The CGO advised that there had been significant growth in the number of applications received, but it was not clear yet whether this was part of a trend. Officers were monitoring the data and would later analyse the data to find out what impact the growth in applications had on average amounts, success rate and capacity.
A Member queried an application for consideration at the meeting which dated back to May 2018. The CGO responded that the usual target for applications was 4 months, but applications did sometimes run beyond this target for various reasons, and information on this particular one could be communicated to Members outside the meeting.
RESOLVED – That the report be noted.
Supporting documents: