Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: April 24, 2025

Purpose:

Content: 1.1. To note that all the Discretionary Rate Relief (DRR) foregone income has now been committed up until 31 March 2026. This includes the 6 outlined in Appendix A who applied during round 3 of DRR and were awarded in September 2024. All other awards were applied in 2023/24 and approved by the now disbanded VCS committee. 1.2. To note the awarding of DRR awards to organisations in round 3 listed in Appendix A for 3 years from the receipt of their applications to 31 March 2026 subject to valuations of the premises falling within the threshold for DRR as outlined in the policy (Appendix B). 1.3. To agree a review of the Discretionary Rate Relief Scheme to consider how the council can further support not-for-profit organisations in Islington with a new round of DRR from April 2026   AGREED RECOMMENDATIONS   – as detailed in the report – as detailed in the report – none