Consultation on the Mayor of London's Budget Proposals
You are invited to have your say on the Draft Budget Proposals from the Mayor of London
January 2019
The Mayor of London published his draft revenue budget and capital spending plan for 2019-20 for public consultation. This includes his draft budget proposals for the GLA (Mayor and Assembly), the Mayor's Office for Policing and Crime (MOPAC), the London Fire Commissioner (LFC), Transport for London (TfL), the London Legacy Development Corporation (LLDC) which administers the Queen Elizabeth Olympic Park and the Old Oak and Park Royal Development Corporation (OPDC). He also announced that it was his intention to increase his council tax precept by £26.28 to £320.51 per Band D property in the 32 London boroughs – of this increase £24 will be applied for policing and the remaining £2.28 to fund the London Fire Brigade. The precept in the City of London - which has its own police force - would be £78.38.
The Mayor’s associated press release is available here
https://www.london.gov.uk/press-releases/mayoral/mayor-to-propose-50p-week-council-tax-increase
The consultation homepage which contains a link to the consultation document (https://www.london.gov.uk/sites/default/files/mayors_consultation_budget_2019-20.pdf) is at the link below:
https://www.london.gov.uk/get-involved/all-consultations/consultation-mayors-budget-2019-20
The Mayor’s final draft budget and council tax precept will be considered by the London Assembly on 25 February and will not be approved formally until that date. The Mayor’s budget homepage which will be updated with his final budget proposals is located here: www.london.gov.uk/budget
The closing date for responses to the consultation is Monday 14 January 2019. We would encourage your organisation to respond - responses should be emailed to [email protected].
The 2019-20 policies for the Crossrail business rate supplement – which are expected to be unchanged from this year – will be confirmed through a separate Mayoral decision in late January.