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NALC calls for dormant assets funding for residents of parished areas

dormant

The National Association of Local Councils (NALC) has called for the government to channel some of the English portions of the dormant assets funding to parished areas.

In response to the recent consultation by the Department for Culture, Media and Sport (DCMS) on good causes in England to fund, NALC called for supporting young people, social investment and community wealth funds and the monies being channelled through local (parish and town) councils as statutory bodies.

NALC stated that all un-parished areas of England (rural and urban) should be allowed to trigger a community governance review to create new local councils, which can consult with residents on which good causes should be funded.

The government launched the consultation to gather views on the broad social or environmental purposes of the English portion of dormant assets funding. The consultation follows the passage of the Dormant Assets Act 2022 earlier this year, which expanded the Dormant Assets Scheme into a broader range of sectors. The expansion potentially unlocks around £880m for good causes across the UK, £738m of which will be made available for England over time.

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