The Resource Allocation Sub (Policy and Resources) Committee met on Tuesday 26 May 2026 to discuss funding allocations for infrastructure projects, community initiatives, and transport schemes. The committee was scheduled to consider bids for Community Infrastructure Levy (CIL) funding, review applications for the CIL Neighbourhood Fund, and approve allocations for Local Implementation Plan (LIP) funded schemes. Updates were also anticipated on energy costs, departmental risk registers, and the City Surveyor's business plan.

CIL Capital Bids

The committee was scheduled to consider recommendations from the Priorities Board regarding the allocation of £573,000 from the City's Community Infrastructure Levy (CIL) fund. This funding was earmarked for two projects: £320,000 for enhancements to Fenchurch Street and £253,000 for electrical works at Barbican Library. The Fenchurch Street enhancements are intended to support increased footfall from planned developments and improve public realm, pavement widening, and traffic management. The Barbican Library funding would modernise its electrical, IT, and security provisions to address accessibility and fire risks, and improve digital service support.

Community Infrastructure Levy Neighbourhood Fund Applications

The committee was set to review applications for the Community Infrastructure Levy Neighbourhood Fund (CILNF), which reserves 15% of CIL receipts for neighbourhood funding. The report detailed four grant applications recommended by the CILNF Officer Panel for approval:

• Union Street Consulting was recommended for £420,000 over 18 months to deliver a 'Centre Without Walls' programme. This initiative aims to foster a faith-friendly and religiously literate business district by offering multi-faith chaplaincy, public festivals, executive learning, dialogue sessions, a digital hub, and a Religious Literacy Standard pilot. The project also includes fundraising and business development for a future building-based 'Centre With Walls'.
• Toynbee Hall was recommended for £499,955 over 51 months to provide a generalist advice service for marginalised, informal, and casual workers in the City of London's hidden economy. This service aims to address the advice gap for those who work in the City but do not reside there, covering benefits, housing, consumer rights, debt, employment rights, and family issues.
• Age UK Camden, leading a consortium, was recommended for £371,591 over three years to deliver a programme of health, wellbeing, and social activities for older residents of the City of London. This includes a weekly programme of social and therapeutic activities, physical exercise sessions, digital inclusion home visits, a new Handy Person service for home repairs, and a food home delivery service in partnership with Family Action's 'City Food Club'.
• All Hallows on the Wall was recommended for £500,000 towards capital costs for new fully accessible facilities at the church. This includes installing accessible lifts, toilets, ramps, and rails, as well as improvements to the churchyard garden area to enhance safety, inclusivity, and community engagement.

The committee was also scheduled to note grants approved under delegated authority and minor administrative amendments to the CILNF policy.

Local Implementation Plan Funded Schemes 2026/27

The committee was to consider the allocation of £712,000 in Local Implementation Plan (LIP) funding from Transport for London (TfL) for the financial year 2026/27. This funding supports schemes that improve the City's transport network in line with the Mayor of London's Transport Strategy. The allocations included:

• £417,000 for Safer Corridors & Neighbourhoods, which encompasses a programme of small-scale improvement measures to enhance the walking environment, promote accessibility, and reduce road danger at various locations, including raised tables and road closures.
• £50,000 for Safer Cycleway Network Development, specifically for the detailed design of the Aldgate to Blackfriars cycleway.
• £60,000 for Cycle Parking, to provide new Sheffield stands and associated footway widening.
• £30,000 for Cycle Training, to deliver training for those who work, study, or live in the City.
• £9,000 for Principal Road Renewal, contributing to condition surveys and maintenance of the Borough Principal Road Network.
• £146,000 for Bridge Assessment and Strengthening, to continue condition surveys and fund bridge maintenance.

The committee was asked to approve these allocations and delegate authority to the Executive Director, Environment, to reallocate funds between schemes up to a maximum of £250,000 and to allocate any additional funds made available by TfL.

Other Scheduled Discussions

The committee was also scheduled to receive updates for information on:

• Energy Cost and Savings: A report detailing utility costs, forecasted budgets for 2026/27, and the performance of the Power Purchase Agreement (PPA). Initiatives to support cost avoidance and reduce consumption were also to be presented.
• The City Surveyor's Corporate and Departmental Risk Register March 2026 Update: This report provided an update on the management and mitigation of risks within the City Surveyor's Department. A key risk highlighted was CR 37, concerning the long-term funding sufficiency for maintaining and renewing the City's operational properties.
• City Surveyor's Business Plan 2025-30 - Q4 of 2025/26 Update: This report detailed progress against the department's business plan, including performance against Key Performance Indicators (KPIs) and the financial outturn for the year.

The meeting also included standard agenda items such as the approval of previous minutes and a session for questions on matters relating to the sub-committee's work. A motion was scheduled to exclude the public for discussions on non-public and confidential agenda items.