Pre-Budget Report 2010
Assembly report shows government funding for London’s police, fire and transport services and City Hall will be cut by more than a fifth over next four years.
The Budget and Performance Committee's Pre-Budget Report warns that funding for the Metropolitan Police Authority (MPA), London Fire and Emergency Planning Authority (LFEPA), Transport for London (TfL) and Greater London Authority (GLA) will be cut by an average of 21 per cent.
The report says the Mayor will need to make difficult choices about the level and allocation of money raised from council taxpayers once final decisions following the Government’s Comprehensive Spending Review (CSR) are made about the funding available for 2011/12.
The report also sets out the particular challenges for the Mayor posed by the CSR when combined with proposals for the devolution of new economic development and housing functions to City Hall. The Committee will look at these issues in more depth once grant settlements in these areas are finalised.
The Committee's report
Mayoral Response to the Committee's report