MD1452 GLA Group Capital Spending Plan for 2015-16

The Mayor is required under sections 122 and 123 of the Greater London Authority Act 1999 (the “GLA Act”) to prepare a capital spending plan for the following financial year for the four functional bodies (LFEPA, MOPAC, LLDC and TfL) and to send it to the Secretary of State for Communities and Local Government, London Assembly and the functional bodies before 28 February. For completeness the capital spending plan for the core Greater London Authority is also included within this approval so that the proposed expenditure for the entire GLA group – as it will be constituted in 2015-16 – is presented in one place.

The draft capital spending plan for 2015-16 was issued for consultation on 19 December 2014 alongside the Mayor’s consultation budget. Revised versions of the capital spending plan were presented in the Mayor’s draft and final draft consolidated budgets for 2015-16 which were considered by the Assembly on 28 January and 23 February.

A copy of the final capital spending plan for 2015-16 will be placed on the GLA website at:

/mayor-assembly/gla/spending-money-wisely/budget-expenditure-charges/the-mayors-budget-for-2015-16