Decision details

LONDON BOROUGHS GRANTS SCHEME 2022-26: 25/26 CONTRIBUTIONS

Decision Maker: Executive Mayor

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The London Boroughs Grants Scheme is a four-year programme with an annual allocated budget of £6.68m to which all 32 London boroughs and the City of London are required by law to contribute. The amount each borough contributes to this scheme is based on the relative size of their population and it is agreed by the London Councils Leaders Committee.

 

This report seeks approval for the London Boroughs Grants Scheme (LBGS) budget for 2025/26 set at £6,711,000, under which Croydon Council’s contribution is to be set at £298,395. 2025/26 is the final year of the four-year programme.

 

Decision:

For the reasons set out in the report and its appendices, the Executive Mayor is AGREED the following recommendations:

 

2.1to note that the London Boroughs Grants Scheme overall budget for 2025/2026 was set by London Councils Leaders at £6.711m.

 

2.2to agree Croydon Council’s 2025/26 contribution to the London Boroughs Grants Scheme budget amounting to £298,395. This is an increase of £3,408 (1.16%) on the contribution for 2024/25 of £294,987.

 

2.3to note the details of the 2022 - 2026 Pan-London Grants Programme and the benefits it will provide to Croydon residents.

 

Publication date: 28/01/2025

Date of decision: 24/01/2025

Accompanying Documents: