Chris explained that he would like to address the inconsistencies he has seen in how money is allocated to groups across the different Zones. Introducing a funding policy would solve this. He asked the committee’s opinions on how and who should allocate funding to groups. Guy added that there is a separate project looking into the economy of student groups which will inform this policy, which this group would then have to approve. Additionally, another project, the Student Leader Review, is starting this term, the outcome of which will affect how funding is done in the future.
Regarding who should be allocating funds, it was generally agreed that committee members of Zones had the best knowledge and understanding of their Zone, and are therefore the appropriate bodies to do this task. Chris noted an exception; he felt PA should be treated like the AU committee and deal with their own funding.
The group briefly looked at the figures outlined in the Funding Policy Consultation paper which outlines the stark differences in amount of funding each Zone, and groups within Zones, receive. Chris then ran through some examples where funding has, in his view, been inconsistent and asked members for their input (see paper for details).
The Student Leader Review is scheduled to be completed by the end of December; Chris said he would like a policy created in time for it to apply to Funding round 3 of this year.