1. Introducing the Arts Council Plan 2008 - 11 Laura Dyer Executive Director

2. Key Drivers Royal Charter Findings of our Public Debate McMaster Review on Excellence DCMS Settlement Letter Government’s new Children’s Plan Olympics 2012

3. DCMS Settlement letter key points Shared strategic objectives: Excellence Access Diversity But……annex A lists 15 further key areas

4. Key Outcomes  Greater Reach  Greater Engagement in the arts  Excellence  More Innovative Arts Practice  More Diverse Arts Sector

5. New Mission  Great Art, for Everyone

6. Four Time – Limited projects  Building Digital Capacity  Strengthening the Visual Arts  Contributing to the cultural offer for children and young people  Responding to the Olympics

7. Financial Context for the region  One of highest percentage increases in enhancing our RFO portfolio  Reduced Managed Funds planning allocation of £1 million per year  Reduced level of GFA but with more flexibility for strategic intervention  Changes to regional EU funding

8. Funding Stream2008-09 Budget2009-10 Budget2010-11 Budget RFO10,596,375 (1) 11,315,470 (1) 11,614,465 (1) Managed Funds 1,000,000 Organisation Wide Managed Funds 30,000 (2) 55,000 (2) 55,000 (2) GFTA Individuals501,813 (3 501,813 (4) GFTA Organisation2,814,470 (3) 2,814,470 (4) Creative Partnerships 2,928,1202,928,120 (5) Total ACE Investment 17,870,778 18,614,873 18,913,868 To Note: (1) RFO budget excludes £212K, £217K, £223K for Orchestras Live, which will be managed by ACE, East Office. (2) We have successfully secured budget from national office to secure the world youth Biennale for the uk to take place in the East Midlands. (3) GFTA budget for 2008-09 excludes £67K individuals and £151K organization budgets carried forward from 2007-08 as the 2007-08 budget was under spent. (4) GFTA budgets for 2009-10 & 2010-11 are estimated, based on current year investment and are subject to change. (5) CP budgets for 2009-10 & 2010-11 are indicative and will be finalised following the de-merger

9. What does this mean for the region? Igniting Ambition

10. Raising aspiration and profile of the region Successful and thriving capital projects Developing new relationship with our RFO portfolio Contributing to cultural offer for children

11. Building Digital Capacity Strengthening the Visual Arts Responding to the Olympics Advocacy and Campaigning

12. Thank you www.artscouncil.org.uk