April 21, 1998

 To:Strategic Policies and Priorities Committee

 From:City Clerk

 Subject:Request for Establishment of Contingency Fund for Grants Programs

 Recommendations:

 The Budget Committee on April 20, 1998, reports having:

 (1)received the letter of transmittal (April 14, 1998) from the Municipal Grants Review Committee regarding the establishment of a contingency fund for grants programs; and

 (2)requested the Commissioner of Community and Neighbourhood Services to provide a report to the Budget Committee regarding youth employment.

 Background:

 The Budget Committee on April 20, 1998, had before it a letter of transmittal (April 14, 1998) from the Municipal Grants Review Committee.

City Clerk

 Barbara Liddiard/rc/kd

Item No.8

Attachment

 c.Chief Financial Officer and Treasurer

Chief Administrative Officer

Commissioner of Community and Neighbourhood Services

(Letter of transmittal dated April 14, 1998, addressed to the

Budget Committee from the

Municipal Grants Review Committee)

 Recommendations:

 The Municipal Grants Review Committee on April 14, 1998, recommended to the Budget Committee that a contingency fund be established for the grants programs, in order to allow for the review of requests for emergency and special requests outside of the regular grants process.