2 February 2015
London Councils Grants Scheme 2015/16 Levy
The budget for the London Councils Grants Scheme (LCGS) and the City of London Corporation’s contribution to the Scheme is considered on an annual basis by your Policy and Resources Committee. The City of London Corporation is also responsible for issuing the annual levies for contributions to all the constituent councils of the LCGS. This element of the Grants Scheme can only be considered and approved by the Court of Common Council if at least two-thirds of the constituent councils (i.e. 22 out of 33 of the London local authorities) have approved the total expenditure to be incurred under the Scheme.
Having received confirmation from London Councils that the budget and contributions had been agreed by over two thirds of the Constituent Councils, the approval of the Court was sought under the urgency procedures to allow the levies to be issued before the statutory deadline of 15 February 2015.
We therefore submit a printed and circulated report advising that on 2 February 2015 approval was given, in accordance with Standing Order No. 19, to issue the levies.
Minutes:
(B) |
2 February 2015 Report of Urgent Action Taken: London Councils Grants Scheme 2015/16 Levy The budget for the London Councils Grants Scheme (LCGS) and the City of London Corporation’s contribution to the Scheme is considered on an annual basis by your Policy and Resources Committee. The City of London Corporation is also responsible for issuing the annual levies for contributions to all the constituent councils of the LCGS. This element of the Grants Scheme can only be considered and approved by the Court of Common Council if at least two-thirds of the constituent councils (i.e. 22 out of 33 of the London local authorities) have approved the total expenditure to be incurred under the Scheme.
Having received confirmation from London Councils that the budget and contributions had been agreed by over two thirds of the Constituent Councils, the approval of the Court was sought under the urgency procedures to allow the levies to be issued before the statutory deadline of 15 February 2015.
We therefore submit a printed and circulated report advising that on 2 February 2015 approval was given, in accordance with Standing Order No. 19, to issue the levies.
Read and received. |
Supporting documents: