This circular informs borough Chief Executives of the recommended level of the London Borough Grants Scheme budget for 2012/13, and seeks a formal response to that recommendation ideally by Friday 20 January 2012, but no later than Tuesday 31 January 2012.
If two thirds of boroughs have not indicated their assent to this budget by that date, the default position by law is for a budget at the level of the previous year to be introduced. This would mean boroughs forgoing significant savings in 2012/13. I should, therefore, be grateful for formal notification of your borough’s agreement to this budget by the dates set out in bold above. The means by which each borough arrives at such a formal decision will be dependent upon local Schemes of Delegation, Standing Orders and Terms of Reference. In most cases, however, we anticipate a cabinet or mayoral decision will be provided to us.
Please download the full circular and appendices below: