Youth Opportunity Fund (YOF)
Youth Opportunity Fund and Capital Fund
Following the recent announcement by the Department of Education outlining the need for a reduction in local government spending, we have been advised by the local Government Office for the South East, that monies previously allocated for the Youth Opportunity Fund (YOF) no longer remain ring fenced. Therefore a decision has been taken by the Royal Borough of Windsor and Maidenhead (RBWM) Council to ensure that resources concentrate on local priorities and the delivery of essential frontline services. RBWMs YOF grant has been reallocated elsewhere to ensure that these front line services are delivered throughout the Borough.
The Department of Education also announced this month that they will be reducing the Youth Capital Budget by 50%, leaving RBWM with no money left to allocated to groups. Unfortunately this will mean that any applications that have yet to be assessed by the YOF panel cannot be considered.
The YOF Assessors will be working on securing sponsorship over the next six months in order to continue the good work that the YOF money has started within the Borough.
