Income Management

Simplistic Model

• one grant per project

• no effort required : finance system should be adequate

Combined Grant Funding

• many grants per project

• acquittal becomes judgemental with underspend

Distributed Grant Funding

• funding can be used for many varied projects

• joint funding may be required (ie matched)

• funds may need to be dynamically allocated and re-allocated depending upon project expenditure

• requires intensive monitoring and tracking

Multi year funding

• each model above may be for a year and then a further release as a separate grant

An appropriate strategy is required to manage each of these cases separately