GLA:Mayor Budget Submission

The GLA:Mayor budget is a large and growing part of the GLA Group. In the current Mayor’s first budget published in March 2017, the GLA:Mayor budget at £908 million accounted for less than 6 per cent of the GLA Group. In the 2025-26 GLA Budget this had increased to £3,876 million and 19 per cent of the GLA Group.  The GLA:Mayor budget for 2026-27 includes revenue expenditure of £902 million and capital expenditure of £2.8 billion. This budget covers the cost of the core functions and 14 GLA-led strategic programmes which are:

1.    Building more homes

2.    Making best use of land

3.    Improving London’s housing stock

4.    Reducing inequalities

5.    Accommodation and wider support for those who need it most

6.    Reducing non-residential emissions

7.    Delivering a greener, more climate-resilient London

8.    Cleaning London’s air

9.    Supporting Londoners to benefit from growth

10.    Supporting and inspiring young London

11.    Boosting London’s growth sectors

12.    Helping local economies to thrive

13.    Upgrading London’s infrastructure

14.    Supporting community, cultural and sporting events in London