An advice service has been awarded £20,000 by the same council that cut its funding by more than £18,500 just a few months ago.
Forest Heath District Council cut the contribution it made to the West Suffolk Citizens Advice Bureau which has offices in Mildenhall as well as Bury St Edmunds, Haverhill and Brandon,by more than a third, down from £66,640 to £47,900 for 2014-15.
Now the bureau has learned that its Money SMART proposal which encourages residents to – Stay informed, Make ends meet, plan Ahead and choose the Right product and keep on Track has won them £20,000 back from the Mildenhall-based council. The money will be used to provide community-based financial training across the Mildenhall and Brandon area.
Cllr Robin Millar, cabinet member for Families and Communities, said: “This approach fits with our own localities approach to strengthening families and communities and is much more cost-effective in the long run, so we can better focus our dwindling funds.”
The new Forest Heath initiative followed changes made to bureau funding distribution in November reflected the work done by the area’s CABs with the Newmarket branch receiving £39,190 in 2014/15, up from the £34,450 received in 2013/14.
Forest Heath’s cabinet also set up a funding pot made up of £25,000 for 2014/15 and £30,000 for the following year, to “support innovation and localised delivery of money advice services”.