Borough Funding (2)

Meeting: 
MQT on 2020-02-24
Session date: 
February 24, 2020
Reference: 
2020/0669
Question By: 
Navin Shah
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

What is the Total financial assistance to London Boroughs and third parties TfL is providing in 2019/20? How much do you plan to provide in 2020/21? Please provides figures that are comparable with those on page 336 of the TfL Annual Report and Statement of Accounts 2018/19.

Answers

Answer for Borough Funding (2)
Borough Funding (2)

Borough Funding (2)

Answered By: 
The Mayor

In addition to the formula Local Implementation Plans (LIP) funding provided to boroughs (as set out in question 2020/0668), Transport for London also provides funding to boroughs for the following activities: Bus Priority, Borough Cycling, Liveable Neighbourhoods, Crossrail Complementary Measures, Healthy Streets Supporting Measures etc. Including the LIP funding, the estimate is that £184m was provided to the boroughs in 2019/20 and that £206 million will be provided in 2020/21. This figure will differ from the amount shown in the Annual Report because the latter includes payments on smarter travel, congestion charge payments where relevant.  Final figures are only available at the end of the financial year once full spends and claims are available. The funding for infrastructure investment for the boroughs remains in line with the previous year.