THE excellent letter by Joan Walters (The Examiner, September 30) needs to be heeded. The dire need of the government to rein in unnecessary expenditure and the decision to abolish boards that have outlived their main function is understandable, but the board of the Tasmanian Community Fund is certainly not one of them.
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It is an example of great care with the task entrusted to them. This independent board has been operating very successfully for more than 14 years.
It is the custodian since 1999 of the funds originally from the sale of the Tasmanian Trust Bank that did not have shareholders and where ultimate ownership was the community rather than depositors.
The fund was therefore started to manage these funds that belong to the Tasmanian community and has been managed by the independent board members drawn from across the state.
Tasmanian community groups can apply for funds to assist their work but need to meet certain criteria to do so.
Had there been community dissatisfaction with their operation, it would have been well voiced by now.
There has been none.
As an inaugural member serving for nine years, Joan Walters had every reason to be proud of what the Tasmanian Community Fund has achieved for the betterment of local communities and without drawing from government funds.
Please do not use political power to destroy a valuable asset without very good and transparent reason.
— M. CAMPBELL-SMITH, Launceston.
