Decision details

Additional Restrictions Grants Policy 2022 - Grant payment levels

Decision Maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To agree the grant payment levels for the Additional Restrictions Grants Policy following receipt of applications

Decision:

Resolved

 

(1)           That the following grant levels for the Additional Restrictions Grants Policy be agreed: 

 

Rateable Value

ARG Omicron Grant

No RV

£2,667

Up to £15,000

£2,667

>£15,000 - <£51,000

£4,000

£51,000 or over

£6,000

 

Reasons for the decision:

Following adoption of an Additional Restrictions Grants Policy in January 2022, as the total number of applications is now known, a decision on grant levels can be taken. The proposed levels are in line with the mandatory scheme.

 

Alternative options considered:

The following alternative options have been identified and rejected for the reasons as set out below.

 

Option 1: Not to agree the grant payment levels. This is not recommended as the proposed grants are in line with the mandatory scheme.

 

Interests and Nature of Interests Declared:

None.

Reason Key: Significant Expenditure or Savings;

Corporate Priorities : An enterprising economy with strong and vibrant local centres;

Reason No Public Access: No

Declarations: None.

Subject to Urgent Proceedings: An urgent decision needs to be to be taken by the Chief Executive because the grants must be paid by 31 March 2022 or the money must be returned to the Government. A report notifying Executive of the urgent decision will be submitted to the 4 April meeting.

Contact: Michael Furness, Assistant Director Finance & S151 Officer Email: michael.furness@cherwell-dc.gov.uk Tel: 01295 221845.

Urgent item?: Yes

Publication date: 17/03/2022

Date of decision: 08/03/2022

Accompanying Documents: