SDF an­tic­i­pates change in CHASE Fund share

Jamaica Gleaner - - SPORTS - Rachid Parch­ment/ Sports News Co­or­di­na­tor

SPORTS DE­VEL­OP­MENT Foun­da­tion (SDF) gen­eral man­ager Den­zil Wilks says the body is un­sure whether it will con­tinue to re­ceive its yearly share of 40 per cent of the Cul­ture, Health, Arts, Sports and Ed­u­ca­tion (CHASE) Fund.

Wilks made the an­nounce­ment dur­ing a pre­sen­ta­tion to the Pub­lic Ad­min­is­tra­tion and Ap­pro­pri­a­tions Com­mit­tee (PAAC) at Gordon House in Kingston on Wed­nes­day. The com­mit­tee con­vened the meet­ing to get an ex­pla­na­tion on the spend­ing by the SDF as well as its ad­min­is­tra­tive con­cerns and projects planned for the re­main­der of the fi­nan­cial year.

The fig­ure re­ceived by the SDF is the largest share is­sued to any arm that falls un­der the CHASE Fund, and it is then used to as­sist Ja­maica’s 44 recog­nised sport­ing as­so­ci­a­tions and to fi­nance sport­ing in­fras­truc­tural de­vel­op­ment.


“While we con­tinue to re­ceive from the gam­ing in­dus­try, the funds now ac­tu­ally pass through the Con­sol­i­dated Fund ,” W ilks said .“Hav­ing gone to the Con­sol­i­dated Fund, it goes back to CHASE then comes to us. We re­main a bit un­cer­tain as to whether we will con­tinue in the medium to long term, whether we will re­ceive 40 per cent.

“In fact, in pre­par­ing our bud­get this year, we have, based on the ad­vise­ment that we have re­ceived, not cal­cu­lated based on our pro­jec­tions of what 40 per cent would be, but we are es­sen­tially pre­par­ing a bud­get we have had for in­fra­struc­ture de­vel­op­ment and re­quests from the na­tional sport­ing or­gan­i­sa­tions as well as ad­min­is­tra­tive ex­penses, et cetera.” This 40 per cent, over the last four years, has amounted to a range be­tween $550 mil­lion and $600 mil­lion per year. For 2017, some $130 mil­lion to $140 mil­lion was spent on in­fras­truc­tural de­vel­op­ment. The 44 recog­nised sport­ing as­so­ci­a­tions re­ceived $150 mil­lion. This was is­sued through monthly sub­ven­tions.

Roughly an­other $250 mil­lion of the sum went to projects such as the Ja­maica In­ter­na­tional In­vi­ta­tional Meet and the JN Rac­ers Grand Prix, each re­ceiv­ing US$100,000 (around Ja$25 mil­lion at that time).

“Each as­so­ci­a­tion sub­mits a bud­get in­di­cat­ing their main ac­tiv­i­ties for the year,” Wilks said. “For ex­am­ple, the (na­tional) foot­ball teams would travel to par­tic­i­pate in var­i­ous com­pe­ti­tions, the net­ball team would have World Cup in a par­tic­u­lar year, Olympics in any par­tic­u­lar year. That’s an ad­di­tional amount that could eas­ily be an­other $100 mil­lion, de­pend­ing on the par­tic­u­lar year.

“It should be noted that we also con­trib­ute to a few oth­ers that are govern­ment sport-re­lated or­gan­i­sa­tions,” Wilks ex­plained. “At that time (2017), we were still mak­ing a small con­tri­bu­tion to the GC Foster Col­lege, which has been dis­con­tin­ued; a con­tri­bu­tion to the In­sti­tute of Sport, which has con­tin­ued; In­de­pen­dence Park has con­tin­ued, and the So­cial De­vel­op­ment Com­mis­sion, which has also been dis­con­tin­ued. For 2017, that amounted to $50 mil­lion.”

Wilks said that the SDF “con­sis­tently” spends 10 to 14 per cent of its over­all in­come on ad­min­is­tra­tive costs.

PAAC chair­man Dr Wyke­ham McNeill said that this was “pretty high,” and Wilks dis­agreed, say­ing it was not, com­pared to other en­ti­ties’ op­er­at­ing costs.


Newspapers in English

Newspapers from Jamaica

© PressReader. All rights reserved.