2023/24 Waikanae Community Board Capital Improvement Fund

Submissions are now being accepted. Submissions close at 5:00PM 7 June 2024 (NZST).

Interest received on the Waikanae Capital Improvement Fund provides money for the Waikanae Capital Improvement Grant, which is made available once a year. 

Its purpose is to assist Waikanae organisations with capital projects, which must be of benefit to a significant portion of the Waikanae community. An amount of approximately $37,000 is available in the 2023/24 financial year for this purpose.

For the purpose of this grant, capital expenditure is considered to be money spent by an organisation to acquire equipment or to upgrade and improve assets, which may include items such as property or buildings.

Eligibility Criteria

  1. Projects must be of benefit to a significant portion of the Waikanae community;
  2. There must be significant input of locally raised funds;
  3. Grants must conform to the accountability requirements for other Council grants i.e., business plan and annual accounts must be provided for grants greater than $5,000;
  4. Applications must be supported by at least three quotations (where appropriate) for the capital works for which funding is being requested; and
  5. Applications must be for capital expenditure only. For the purpose of this application, capital expenditure is considered to be money spent by an organisation to acquire equipment or to upgrade and improve assets, and may include items such as property or buildings.

In addition to a simple business plan and a copy of the organisation’s annual accounts for grants requests over $5,000, applicants are expected to provide:

  • Total projected project costs
  • Total amount raised by the organisation to date
  • Expected revenues and sources
  • Total amount requested
  • Contingencies and
  • A process for managing any identified risks for the project.

Does the application promote Waikanae by:

  1. Contributing to making Waikanae a Good Place to Live; or
  2. Contributing to making Waikanae an Active Community; or
  3. Attracting visitors to the area; or
  4. Promoting Waikanae as a visitor destination.

Submit Applications Prior to Meeting

To ensure your grant application is included for consideration in the agenda for the Waikanae Community Board meeting of Tuesday, 18 June 2024, please submit your application by 5.00pm, Friday 7 June 2024.

 

Once your application has been processed you will be acknowledged by email to confirm its receipt.