Default Answer on Arts Funding

I've been left wondering about the details of the "Fiscal Five's" budget in regards to arts funding, but this article spells out what has been rumor. The City Budget cuts funding for arts programs to a sum of around $400,000. That money is, according to the article, going to be made up through a private grant from the Ralph and Carol Ann Haile Foundation. I hope this new foundation is open to all types of arts organizations. The article raises the most important question, will the city use this as a future excuse to permanently reduce funding?