The aim of the trust would be to bridge the gap between the Borough's rich and poor
This is what the Dame thinks...
1. The Council leads the way by asking councillors to reduce their allowances by 10-15% and divert the saving to the fund.
K&C councillors enjoy allowances far greater than boroughs of comparative size.
Officers, like Doc Quirk, might also be able to afford to throw in a few quid from his £250k a year salary.
2. Immediately cease the funding of Opera Holland Park-a luxury none of us can afford.
3. Ensure that Borough business runs the fund: councillors and officers have a haphazard record in relation to money management- vide Exhibitionist Rd
We live in a diverse borough ranging from some of the wealthiest households in the country to some of the most deprived areas of London.
All of us here at the council are determined that everyone has the opportunity to make a success of their lives, no matter their background.
This means pupils from all walks of life winning places at university.
It means apprenticeships, skills and routes into employment or entrepreneurship.
It means investing in the right provision for pupils with special educational needs and disabilities, so they too can achieve their full potential.
This is why today, I am launching a consultation on whether you would like to contribute a little more to the borough.
I am asking if you can help us establish a new charitable fund that invests in young people who live in the borough and helps them build the skills and gain the employment that will improve their lives and the future prospects of those around them.
In our new Council Plan for the next four years, one of our main ambitions is to narrow the gap in our borough and in our society and we want to work with you to make this happen.
We are proposing a completely voluntary scheme with any money invested to be targeted for young people, skills, career progression and education.
At this stage, we are really keen to see what you think and how much you would like to be involved.