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Sadiq’s first budget – how will transport and fire services fare?

03 January 2017

In the first of three meetings to examine the Mayor’s 2017-18 budget, the London Assembly Budget and Performance Committee [1] will tomorrow put questions to Transport for London (TfL).

  • 2017-18 is the final year in which the GLA (and thereby TfL) will receive a general transport grant from government.
  • As the government reduces TfL’s revenue grant, TfL will become more dependent on business rates income.
  • TfL’s fares income over the next four years will be £1.9 billion less than set out in its previous business plan.
  • TfL must reduce its operating costs in order to ensure it has adequate resources to deliver its business plan. 

The following guests will attend for TfL:

  • Valerie Shawcross CBE, Deputy Mayor for Transport and Deputy Chair, TfL
  • Mike Brown MVO, Commissioner for Transport, TfL
  • Ian Nunn, Chief Finance Officer, TfL

 

The Committee will also question the London Fire and Emergency Planning Authority (LFEPA).

  • LFEPA needs to make £23.5 million of savings over the next four years.
  • Implementing and providing oversight of its savings proposals may be particularly difficult in a year when LFEPA will be abolished.

The following guests will attend for LFEPA:

  • Fiona Twycross AM, Chair, LFEPA
  • Dany Cotton QFSM, Commissioner, LFEPA
  • Sue Budden, Director of Financial and Contractual Services, LFEPA
  • Adrian Bloomfield, Head of Finance, LFEPA

The Committee will also meet representatives from Mayor’s Office for Policing and Crime, the Metropolitan Police Service, the London Legacy Development Corporation and the Old Oak and Park Royal Development Corporation on 5 January 2017, and is due to meet the Mayor, his Chief of Staff, and the GLA Executive Director of Resources on 10 January 2017.

The meeting will take place on Wednesday, 4 January from 10.00am in The Chamber at City Hall (The Queen’s Walk, London SE1).

Media and members of the public are invited to attend

The meeting can also be viewed via webcast.

Follow us @LondonAssembly and take part in the meeting discussion using #MayorsBudget

Notes to editors

  1. The key responsibility of the Budget and Performance Committee is its annual scrutiny of the Mayor’s budget proposals for the next financial year. This involves detailed examination of the Mayor’s plans for spending his budget to help ensure taxpayers’ money is used appropriately and effectively.
  2. The Mayor’s Proposed Budget
  3. Pre-Budget report
  4. Gareth Bacon AM, Chairman of the Budget & Performance Committee is available for interview.  See contact details below.
  5. 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 Alison Bell on 020 7983 4228.  For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officerNon-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.

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