£556.1 million of additional expenditure has been added to the Mayor’s 2022-23 Budget since the draft was issued for consultation in December last year.
Additional funding has been allocated to the Transport Reserve Fund (£322 million), tackling climate change (£90 million) and the Crossrail funding gap (£48.5 million) amongst other spending.
The Budget & Performance Committee will tomorrow discuss late changes to the final budget, along with changes to the London Assembly budget, the impact of the financial support agreement for TfL and the Mayor’s Capital Spending Plan for 2022/23.
The guests are:
- David Bellamy, Mayor’s Chief of Staff, GLA
- David Gallie, Executive Director of Resources, GLA
- Enver Enver, Assistant Director Group Finance and Performance, GLA
- Luke Webster, Chief Investment Officer and Assistant Director - Group Treasury
The meeting will take place on Friday 25 March 2022, 10.00am at City Hall, Kamal Chunchie Way, E16 1ZE.
Media and members of the public are invited to attend.
The meeting can also be viewed LIVE via webcast or on our YouTube channel.
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Notes to editors
- Read the agenda papers.
- Susan Hall AM, Chairman of the Budget and Performance Committee is available for interview.
- Find out more about the Budget and Performance Committee.
- As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.
For media enquiries, please contact Lisa Lam on 020 7983 4067. For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer. Non-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.