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If you shrink the core funding, you shrink the company.
Local authorities in England and Wales face a 28% cut in core funding from April.
Some LEPs are different, and might be able to survive with no core funding.
Two years ago its core funding was even less, at £300,000.
Core funding for councils from central government has been cut by 40% since 2010.
The third measure, a "core funding ratio" (CFR), is more novel.
But take away core funding from the state and that becomes impossible.
From April, Ealing council is proposing to take away its core funding of £100,000.
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She is also considering allocating some money to core funding costs of charities.
However, many key posts remain unsupported by core funding.
The UK committed an additional £375m of core funding.
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