Agenda item

Report of the Town Clerk.

The Committee considered a report of the Town Clerk concerning the proposed expenditure  and the City Corporation’s subscription to the London Councils Grants Scheme for 2021/22.

RESOLVED: That Members:-

1.    Approved the total amount of expenditure to be incurred in 2021/22 under the Scheme (£6.668m) and to the City Corporation’s subscription for 2021/22 (£7,233) as set out in Appendices A and B of this report; and

2.    Agreed the levy of £6.668m (as set out in Appendix B), subject to the Court of Common Council’s approval (as levying body for the Scheme. It should be noted that the Court’s approval will be sought using the urgency procedures and is subject to at least two-thirds of the constituent councils agreeing the total expenditure to be incurred before 1 February 2021.