Alongside the three-year funding allocations made possible by the comprehensive spending review (CSR), we have put in place new three-year funding agreements with the bodies we sponsor. These agreements are at the heart of the relationship between DCMS and its sponsored bodies; they are designed both to set challenging targets for the individual organisations and to ensure that DCMS can meet the targets set for it in the Public Service Agreement.
This has been the first year of these new-style funding agreements;the first formal monitoring was undertaken by Ministers in the autumn. The agreements are not fixed; they need to develop in response to changing circumstances and all concerned need to be sure that the measures and targets included are the most appropriate.
A great deal of work is under way to look at how performance is measured, including the follow-up work to the Museums and Galleries Efficiency and Effectiveness Review and the initial studies being carried out by Quest. This work will lead to adjustments in funding agreements for the coming year, although there is unlikely to be major change within this funding period.
At the same time, we continue to seek to develop new ways of working with our sponsored bodies in line with the Modernising Government agenda and the programme for reform of the Civil Service.
These documents are available online in Adobe Acrobat (.pdf) format.
