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The committee backed keeping a scoring process for Financial Partners funding, made information sessions mandatory, and said requests above 30% of an organization’s operating budget should not be funded.
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The committee reviewed Charlotte’s Financial Partner Program after the first full year under the new policy. Members supported keeping formal scoring, requiring applicants to attend an information session, and not funding organizations that ask for more than 30% of their operating budget. Staff also flagged that smaller groups may struggle with the new audit requirement, and they will bring more options back for the next meeting.
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