£125k cut from Barnet road fund

Meeting: 
MQT on 2015-10-21
Session date: 
October 21, 2015
Reference: 
2015/3547
Question By: 
Andrew Dismore
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

How do you justify the cut of £125,000 in Barnet’s expected funding from the Mayor of London and TfL for road and transport works; this funding was due to be spent on supporting the development and regeneration of Barnet’s town centres and the council have now had to reduce the number of town centre regeneration schemes in their Local Implementation Plan submission to TfL.

Answer

Answer for £125k cut from Barnet road fund

Answer for £125k cut from Barnet road fund

Answered By: 
The Mayor

There has not been a cut to LIP funding.  The LIP funding for all 33 London local authorities was fixed for three years announced in 2013, for the period 2014/15 through to 2016/17 at £147m per annum for the whole of London, with Barnet receiving £3.325m per annum.