core funding

core funding

A term of art referring specifically to the financial resources needed for an organisation’s sustained operation—e.g., salaries, office costs, equipment, IT, etc.
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References in periodicals archive ?
To achieve a "standstill" budget this year, the force needed a PS26.5m increase in core funding but it has fallen PS7.2m short of that.
And the Police and Crime Commissioner for South Wales Alun Michael has tried to dispel myths that core funding has increased, saying the burden is being passed on to taxpayers.
It has provided 36 million British pounds in core funding to date.
He added: "The SNP-Green Budget forces a PS230million cut on core funding. That puts jobs on the line, services at risk and will see charges soar.
Brean Capital analyst Blair Brantley believes CenterState Bank is well positioned to outperform other banks given its recently enhanced Southeast franchise, attractive core funding base and capital flexibility.
AMIS receive no Government aid at all - but in comparison, Scottish Women's Aid receive PS370,000 core funding per year.
Paisley MSP Neil Bibby has accused Finance Secretary Derek Mackay of cutting core funding for council, writes Jack Thomson, Local Democracy Reporter.
The college has no independent income but receives core funding from NZNO to cover its committee meetings and annual general meeting.
The positive alternative to gangs that used to be provided by local authority youth services and by charities and community groups through local authority core funding are no longer there because grants from central government to councils have been reduced by 49% in real terms since 2010."
"Unfortunately, our core funding is coming to a natural end in May after 10 years and this means there will be a significant reduction in our counselling and helpline service from June 2018.
What's also needed, says Andrea McLandress, president of the board for the Aboriginal Friendship Centre Calgary, is core funding.