It's a really simple question. I was just wondering since it has far reaching implications for the site, and it is a substantial change to the ecosystem.
What funding are you talking about. If it is about Canonical (Which was a year ago) then please read this
At the current state, the development cycle will continue as normal and will meet the deadline as it has always done. You can see all development release dates in wikipedia
For what it matters, Kubuntu (KDE) for me is my second best distro and Ubuntu flavor.