Agenda item

Report of the Town Clerk.

The Committee considered a report of the Town Clerk concerning the London Councils Grants Scheme, its expenditure and the City Corporation’s contribution to it.

RESOLVED – That:-

1.         approval be given to the total amount of expenditure to be incurred in 2018/19 under the London Councils Grants Scheme (£8.668m) and to the City Corporation’s contribution to it for 2018/19 (£7,133); and

2..      subject to the approval of the Court of Common Council (as levying body for the Scheme) and to at least two-thirds of constituent councils also agreeing the total expenditure to be incurred before 1 February 2018, a levy of £6,668,152 be agreed as set out in appendix B of the report.