17 December 2014
A new £1million pound reserve fund, secured by Highgate Green Party councillor Sian Berry, will help struggling community organisations in Camden transition through a difficult period of financial cuts imposed by Camden Council.
Councillor Berry, in conjunction with Councillor Flick Rea, tabled a motion for a fund to support community organisations, including libraries and community centres, at November's Camden Council meeting, which was supported by all Councillors.
The Green Party's own budget proposals include a £2 million fund allocated from other reserves that were topped up with last year's £8 million Camden budget underspend.
A £1m allocation from Camden Council reserves has now been included in the latest draft budget proposals (section 5.73), and will help some community organisations continue to function as they attempt to transition to an operating model less dependent on Council funding.
Councillor Berry said,
"I'm happy that this emergency fund goes some way to plugging the gap for community organisations caused by central government funding cuts imposed on Camden Council.
"The Green Party believes libraries, community centres and other community organisations are absolutely vital for a thriving, inclusive Camden. I hope this fund can help some organisations in the short term, while Green Party policy is to secure long-term financial stability for these organisations through Camden Council funding."