MD1451 2015-16 Council Tax & Precept and Communication to Council taxpayers

The Mayor's final draft budget for 2015-16 was considered at the meeting of the London Assembly held on 23 February 2015. The Assembly made no amendment to this and it therefore becomes the Greater London Authority's (GLA’s) consolidated budget for the next financial year. Approval of the final draft budget allows the calculation of the GLA consolidated council tax requirement and precepts. The Mayor is asked in this Decision Form to agree these amounts and to the issuing of the formal precept notifications to the 33 London billing authorities (the 32 boroughs and the City of London) as set out at Appendix A.

The Mayor is also asked to approve the explanatory supporting text in relation to the GLA budget and precept and associated calculations which will be circulated to the 33 council tax billing authorities in London so that they can make this available to council taxpayers. Two versions of the explanatory text have been prepared – a long version representing the GLA’s preferred text and a short version which billing authorities may, at their discretion, use instead in order to reduce the cost of their council tax billing process. The two alternative versions are set out in Appendix B.