Assembly response to the Mayor's consultation draft budget 2011-12
Our response warns that London’s police, fire and transport services are facing grant cuts and savings requirements that will inevitably affect service levels.
The Budget and Performance Committee calls for more information on longer-term funding projections, and how the decisions the Mayor is making now about funding fit with future expectations.
While the Mayor is looking to protect front-line services, the sheer scale of cuts to grants and the savings required will inevitably have an impact on the services Londoners receive.
- The Met Police will have an estimated £100 million cut in grant funding next year and still needs to find an additional £61 million to balance its budget.
- Transport for London (TfL) is facing a reduction in its grant of £2.17 billion over the next four years. This additional funding shortfall means TfL will need to find a total of £7.2 billion (8.2 per cent) in savings.
- Next year’s grant for London’s fire services will be cut by £9 million and £10.9 million in savings must be found.