Municipal Undertaking and Social Enterprise Flashcards

1
Q

What is a Municipal Undertaking?

A
  • Municipal refers to the local government
  • Municipal undertakings are activities organised by the local councils.
  • There are eleven local councils in Northern Ireland
  • Each council has elected representatives who have been voted onto the council by the public.
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2
Q

What are the main sources of finance for Municipal Undertakings?

A

Government grants: Government gives capital grants to assist building work. It’s unusual for the government to fund any other bit.

Rates: Rates are paid by each householder/business in accordance to the size of their property.

Charge for the activity: An entrance fee.

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3
Q

What is a Social Enterprise?

A

A business which has social aims and reinvests a large amount of its profits into the community or back into the enterprise. It is set up to address social issues in the local community.

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4
Q

What are the three aims of social enterprises?

A

To provide employment, to provide a sense of community, to solve environmental issues.

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