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Q&A
Current funding levels and stability for the IBSP program
0:13:03
·
81 sec
Council Member Amanda Farías questioned the current funding levels and stability of the IBSP program. Key points include:
- Current funding level for the IBSP program is approximately $1,400,000
- SBS has maintained funding levels despite budget pressures (PEGs)
- Discussion on whether current funding is sufficient to meet demands
- Impact of annual funding cycles on program stability
Amanda Farías
0:13:03
Okay.
0:13:03
And we've also been joined by council member Vernakoff.
0:13:06
What is the current funding level for the IBSP program?
Kitty Chan
0:13:12
For the IBSPs, it's approximately 1,400,000.
Amanda Farías
0:13:16
And is the current funding sufficient to meet the demands?
Kitty Chan
0:13:20
What we've done over the past, few years, obviously, through the pandemic, and through several pegs in the administration, we've actually protected the funding, levels.
0:13:31
And so that we've ensured that our IBSPs, our BSCs, which are the gateways to all of our services, that their levels remain the same.
0:13:42
In fact and at this point, we're actually providing services to more businesses than
Amanda Farías
0:13:47
ever.
0:13:49
And you've mentioned a couple of the PEGs.
0:13:51
Can we talk monetarily, like, the actual amounts of how this has changed over the past 5 years?
0:13:57
It hasn't.
0:13:58
It hasn't at all?
0:13:59
There haven't been any PEGs?
Kitty Chan
0:14:00
No.
0:14:01
We've we've protected these programs.
Amanda Farías
0:14:04
Okay.
0:14:05
And what impact does the annual funding cycle have on program stability?
0:14:14
I'm sorry?
0:14:14
Well, you're serving more more providers.
0:14:17
Right?
0:14:17
Could we be asking for more money, doing more, or are we doing the best we can with what we have?