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.
 

Content

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.