The Greater London Authority (GLA) Act requires the Mayor to consult the London Assembly on his initial GLA budget plans for the next financial year, before going out to public and stakeholder consultation.
- The GLA has presented a budget plan which is structured by the Mayor’s Recovery Missions.
- Most of the GLA’s base funding is from business rates and council tax. Until billing authorities returns are received and analysed in early February 2022, the Mayor cannot know the exact sums that he will have available to allocate.
- Core functions costs for 2022-23 are set to decrease from £108 million in 2021-22 to £80 million in 2022-23. This primarily results from the GLA’s move to the Royal Docks and the higher costs in 2021-22 from delivering the 2021 elections.
- The GLA has a significant capital programme with funding of £1.6 billion for 2022-23. For 2022-23, over £800 million of this is allocated to housing delivery.
As part of the statutory annual budget setting process, the GLA is required to submit its budget plans for the following financial year and tomorrow, the London Assembly Budget and Performance Committee will focus on those plans.
The guests are:
- Mary Harpley, Chief Officer, Greater London Authority
- David Bellamy, Chief of Staff, Greater London Authority
- Richard Watts, Deputy Chief of Staff, Greater London Authority
- David Gallie, Executive Director of Resources, Greater London Authority
- Rickardo Hyatt, Executive Director of Housing and Land, Greater London Authority
- Phil Graham, Executive Director of Good Growth, Greater London Authority
- Sarah Mulley, Executive Director of Communities and Skills, Greater London Authority
- Niran Mothada, Executive Director of Strategy and Communications, Greater London Authority
The meeting will take place on Tuesday, 23 November 2021 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 LIVE or later via webcast or YouTube
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Notes to editors
- Full agenda papers.
- Susan Hall AM, Chairman of the Budget and Performance Committee is available for interview.
- Find out more about the work of 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 more details, please contact Lisa Lam in the Assembly Media Office on 07849 303 897. For out-of-hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer.