Response to the Mayor’s Draft Consultation Budget 2015-16
The London Assembly's Budget and Performance Committee has published its response to the Mayor's draft Budget for 2015-16.
Guests including the Mayor, as well as represenatives from TfL, MOPAC, LLDC and LFEPA have contributed to the report, following three Budget and Performance meetings held in January 2015. This final report follows the draft Pre-Budget Report 2014.
The report makes a number of recommendations, including:
The Mayor should publish a set of guidelines regarding the disposal of land and property at below market price, applicable across the GLA Group.
The Mayor should direct the Met to publish the results of annual staff surveys since 2012 immediately.
Prior to the Assembly’s plenary meeting on 28 January, TfL must provide a clear explanation of the £154 million transfer from its capital to revenue budget in 2015-16.
The Mayor’s Apprenticeships Action Plan, due to be published in spring 2015, must include evidence to explain the below-forecast performance to date, and details of funding and outcomes for each element of the plan.
Prior to the Assembly’s plenary meeting on 28 January, the LLDC should publish a detailed breakdown explaining how it intends to make savings and efficiencies of £15 million in 2015 16.
The LLDC should commit to publishing the contract with the Olympic Stadium operator, making limited redactions where necessary for commercial sensitivities.
The Mayor's response to the report is published below.