Agenda item

Report of the Chief Grants Officer and Director of City Bridge Trust (CGO)

The Committee received a report of the Chief Grants Officer and Director of City Bridge Trust (CGO), setting out City Bridge Trust’s spend against budget for period 1 April to 31 July 2018 (periods 1-4). The Committee noted that the grant spend appeared significantly below budget as it did not include the commitment of £1million to the Mayor of London’s Young Londoners Fund as this was agreed by the Court of Common Council.

RESOLVED – That the report be noted.