Operating match (grant towards running costs)

A grant towards running costs, sized to match the gifts for spending in Years 1–3 (the 'Govt matching (ops)' column of the §7.6 funding stack). It pays part of each year's running costs beside the endowment draw. Follow the Plate assumes it continues at $500K a year if Government keeps it, and tests the plan without it. Government can stop it at any Budget. It is a Budget cost, listed in §7.7.

Who pays

The library gives this mechanism no who-pays tag of its own.

What it costs

$300K, $400K, $500K in Years 1–3 SGD · Years 1–3; $500K a year after, if continued

a grant towards running costs, sized to match the gifts for spending (§7.6 funding stack)

The ask of Government

Decision

Operating match – a grant towards running costs, sized to match the gifts for spending (§7.6 funding stack)

Instrument

Budget line, recurring

Fiscal cost

$300K, $400K, $500K in Years 1–3; $500K a year after, if continued

What it buys

Small and recurring: it pays part of each year's running costs beside the endowment draw. Government can stop it at any Budget; Follow the Plate tests the plan without it (the Budget Book, B.9).

From §7.7, §7.6.

Who gains

Government

A small, recurring Budget line that Government can stop at any Budget (§7.7).