Budget 2001/02

Meeting: 
MQT on 2000-12-20
Session date: 
December 20, 2000
Reference: 
2000/0470
Question By: 
Bob Neill
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor

Question

a) what will be the increase in precept anticipated to result from the Mayor's budget proposals announced so far; b) what account did the Mayor take of council tax subsidy limitation penalties in costing his proposals?

Answer

Answer for Budget 2001/02

Answer for Budget 2001/02

Answered By: 
The Mayor

I anticipate that the precept will increase by around 30%, but we will have to wait until the outcome of the budget process before the actual figure is known. In developing my proposals over the last few months, I have taken into account what I believe to be the needs of Londoners. Obviously I am aware that my budget will increase the contribution that council tax payers have to contribute towards council tax benefit subsidy.