Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: August 1, 2025

Purpose:

Content: Approval granted to make changes to the LRB funding formula for commencement from 01.04.26, for an in-year adjustment of funding from 01.09.25 where it has been identified that a LRB is receiving a lesser share of funding and to guarantee the current level of funding until 31.03.26 to those LRBS receiving a greater share of funding.