Shortfall Time Line

Meeting: 
MQT on 2009-10-14
Session date: 
October 14, 2009
Reference: 
2009/2898
Question By: 
Len Duvall OBE
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

When the shortfall in the Olympic land acquisition budget came to light what action did you take?

Answer

Answer for Shortfall Time Line

Answer for Shortfall Time Line

Answered By: 
The Mayor

I discussed the issue with Peter Rogers and agreed that a full investigation should be undertaken given the seriousness of the matter. I further agreed that the LDA should explore all possible options to ensure a balanced budget, recognising that measures put in place by the new leadership at the LDA would ensure that the impact on outcomes for Londoners would be limited.