The budget set the Mayor's 2023–24 portion of the council tax (the precept) for a Band D property in the 32 London boroughs as £434.14. This is a 9.7 per cent increase compared to 2022–23. The precept in the City of London was set at £73.89. The council tax precept was approved in Mayoral Decision 3095.
Previous Mayor's budgets
Find Mayor's budgets from 2008–09 to the last financial year, including draft documents and capital spending plans.
The current Mayor, Sir Sadiq Khan, approved the budgets from 2017–18 to present. The former Mayor, Boris Johnson, approved the budgets from 2009–10 to 2016–17. The former Mayor, Ken Livingstone, approved the budget for 2008–09.
Previous budgets
2024–25
Download final budget for 2024–25 (PDF, 1.5 MB)
Download Appendix A: Climate budget measures (XLSX, 106 KB)
The Mayor published the final budget in March 2024.
The London Assembly approved the Mayor's final budget without amendment on 22 February 2024.
The budget set the Mayor's 2024–25 portion of the council tax (the precept) for a B and D property in the 32 London boroughs as £471.40. This is an 8.6 per cent increase compared to 2023–24.
The precept in the City of London was set at £166.27.
The Mayor's final council tax precept was approved in Mayoral Decision 3243.
Download capital spending plan 2024–25 (PDF, 631 KB)
The Mayor published his capital spending plan on 27 February 2024.
The Mayor's capital spending plan was approved in Mayoral Decision 3242.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on Wednesday 14 February 2024, in three parts:
- Download Part 1: Mayor's background statement (PDF, 295 KB)
- Download Part 2: Explanation of proposals (PDF, 1.8 MB)
- Download Part 3: Financial and legal advice (PDF, 359 KB)
- Download Appendix J: Climate budget measures (XLSX, 104 KB)
It was considered by the London Assembly at its Mayor's Question Time meeting on Thursday 22 February 2024.
Draft consolidated budget
The Mayor published his draft consolidated budget on Wednesday 17 January 2024, in three parts:
- Download Part 1: Mayor's background statement (PDF, 275 KB)
- Download Part 2: Explanation of proposals (PDF, 1.8 MB)
- Download Part 3: Financial and legal advice (PDF, 357 KB)
It was considered by the London Assembly at its plenary meeting on Thursday 25 January 2024.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan on Tuesday 19 December 2023. This consultation closed on Wednesday 10 January 2024.
- Download consultation budget and draft capital spending plan (PDF, 1.7 MB)
- Download Appendix J: Climate budget measures (XLSX, 100 KB)
Londoners were invited to have their say on this year’s spending plans on City Hall’s online community Talk London.
Budget guidance
The Mayor published his budget guidance on 14 July 2023.
2023–24
Download final budget for 2023–24 (PDF, 1.9 MB)
Download Appendix A: Climate budget measures (XLSX, 300 KB)
The Mayor published the final budget in March 2023.
The London Assembly approved the Mayor's final budget without amendment on 23 February 2023.
Download capital spending plan 2023–24 (PDF, 311 KB)
The Mayor published his capital spending plan on 24 February 2023. It was approved in Mayoral Decision 3096.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on Wednesday 15 February 2023, in three parts:
- Download Part 1: Mayor's background statement (PDF, 299 KB)
- Download Part 2: Explanation of proposals (PDF, 2 MB)
- Download Part 3: Financial and legal advice (PDF, 329 KB)
- Download Appendix J: Climate budget measures (XLSX, 591 KB)
It was considered by the London Assembly at its Mayor's Question Time meeting on Thursday 23 February 2023.
Draft consolidated budget
The Mayor published his draft consolidated budget on Wednesday 18 January 2023, in three parts:
- Download Part 1: Mayor's background statement (PDF, 322 KB)
- Download Part 2: Explanation of proposals (PDF, 2 MB)
- Download Part 3: Financial and legal advice (PDF, 323 KB)
- Download Appendix J: Climate budget measures (PDF, 279 KB)
It was considered by the London Assembly at its plenary meeting on Thursday 26 January 2023.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan on Friday 16 December 2022. This consultation closed on Friday 13 January 2023.
- Download consultation budget and draft capital spending plan (PDF, 2 MB)
- Download Appendix J: Climate budget measures (PDF, 279 KB)
Londoners were invited to have their say on this year’s spending plans on City Hall’s online community Talk London, between 16 December 2022 and 13 January 2023.
Find more information on the budget consultation.
Budget guidance
The Mayor published his budget guidance on 29 July 2022.
2022–23
Download final budget for 2022–23 (PDF, 717 KB)
The Mayor published the final budget in March 2022.
The London Assembly approved the Mayor's final budget without amendment on 24 February 2022. The published consolidated budget is unchanged from the figures considered by the Assembly.
The budget set the Mayor's 2022–23 portion of the council tax (the precept) for a Band D property in the 32 London Boroughs as £395.59. This is a 8.8 per cent increase compared to 2021–22. The precept in the City of London was set at £118.46. The Mayor's council tax precept was approved in Mayoral Decision 2954.
Download capital spending plan 2022–23 (PDF, 191 KB)
The Mayor published his capital spending plan on 25 February 2022. It was approved in Mayoral Decision 2955.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on Wednesday 16 February 2022, in three parts:
- Download Part 1: Mayor's background statement (PDF, 380 KB)
- Download Part 2: Explanation of proposals (PDF, 1.5 MB)
- Download Part 3: Financial and legal advice (PDF, 347 KB)
It was considered by the London Assembly at its Mayor's Question Time meeting on Thursday 24 February 2022.
Draft consolidated budget
The Mayor published his draft consolidated budget on Tuesday 18 January 2022, in three parts:
- Download Part 1: Mayor's background statement (PDF, 198 KB)
- Download Part 2: Explanation of proposals (PDF, 845 KB)
- Download Part 3: Financial and legal advice (PDF, 327 KB)
It was considered by the London Assembly at its plenary meeting on Wednesday 26 January 2022.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan in December 2015.
Find more information on the budget consultation.
Budget guidance
The Mayor published his budget guidance on 30 July 2021.
2021–22
Download final budget for 2021–22 (PDF, 891 KB)
The Mayor published the final budget in March 2021.
The London Assembly approved the Mayor's final budget without amendment on 25 February 2021.
The budget set the Mayor's 2021-22 portion of the council tax (the precept) for a Band D property in the 32 London Boroughs as £363.66. This is a 9.5 per cent increase compared to 2020–21. The precept in the City of London was set at £96.53. The council tax precept was approved in Mayoral Decision 2785.
Download capital spending plan 2021–22 (PDF, 269 KB)
The Mayor published his capital spending plan on 25 February 2021. It was approved in Mayoral Decision 2786.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on Wednesday 17 February 2021, in three parts:
- Download Part 1: Mayor's background statement (PDF, 198 KB)
- Download Part 2: Explanation of proposals (PDF, 1.4 MB)
- Download Part 3: Financial and legal advice (PDF, 166 KB)
Draft consolidated budget
The Mayor published his draft consolidated budget on Tuesday 19 January 2021, in three parts:
- Download Part 1: Mayor's background statement (PDF, 241 KB)
- Download Part 2: Explanation of proposals (PDF, 1.3 MB)
- Download Part 3: Financial and legal advice (PDF, 258 KB)
It was considered by the London Assembly at its plenary meeting on Wednesday 27 January 2021.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan on Tuesday 15 December 2020. The consultation closed on Friday 15 January 2021.
Londoners were invited to have their say on this spending plans on City Hall’s online community Talk London between 6 and 23 January.
Read the report on the budget consultation.
Budget guidance
The Mayor published his budget guidance on 26 June 2020.
2020–21
Download final budget for 2020–21 (PDF, 1.1 MB)
The Mayor published the final budget in March 2020.
The London Assembly approved the Mayor's final budget without amendment on 24 February 2020.
The budget set the Mayor's 2020–21 portion of the council tax (the precept) for a Band D property in the 32 London Boroughs as £332.07. This is a 3.6 per cent (£11.56) increase compared to 2019–20. The precept in the City of London was set at £79.94. The council tax precept was approved in Mayoral Decision 2588.
Download capital spending plan 2020–21 (PDF, 306 KB)
The Mayor published his capital spending plan on 27 February 2020.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on 14 February 2020, in three parts:
- Download Part 1: Mayor's background statement (PDF, 100 KB)
- Download Part 2: Explanation of proposals (PDF, 675 KB)
- Download Part 3: Financial and legal advice (PDF, 242 KB)
It was considered by the London Assembly at its plenary meeting on Monday 24 February 2020.
Draft consolidated budget
The Mayor published his draft consolidated budget on Tuesday 21 January 2020, in three parts:
- Download Part 1: Mayor's background statement (PDF, 221 KB)
- Download Part 2: Explanation of proposals (PDF, 1.3 MB)
- Download Part 3: Financial and legal advice (PDF, 242 KB)
It was considered by the London Assembly at its plenary meeting on Wednesday 29 January 2020.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan in December 2019. This consultation closed on Wednesday 15 January 2020.
Budget guidance
The Mayor published his budget guidance on 28 June 2019.
2019–20
Download final budget for 2019–20 (PDF, 812 KB)
The Mayor published the final budget in March 2019.
The London Assembly approved the Mayor's final budget without amendment on 25 February 2019.
The budget set the Mayor's 2019-20 portion of the council tax (the precept) for Band D property in the 32 London Boroughs as £320.51. The precept in the City of London was set at £78.38. The Mayor's council tax precept was approved in Mayoral Decision 2434.
Download capital spending plan 2019–20 (PDF, 328 KB)
The Mayor published his capital spending plan on 27 February 2019.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on Friday 15 February 2019, in three parts:
- Download Part 1: Mayor's background statement (PDF, 225 KB)
- Download Part 2: Explanation of proposals (PDF, 1.2 MB)
- Download Part 3: Financial and legal advice (PDF, 162 KB)
Draft consolidated budget
The Mayor published his draft consolidated budget in January 2019, in three parts:
- Download Part 1: Mayor's background statement (PDF, 141 KB)
- Download Part 2: Explanation of proposals (PDF, 657 KB)
- Download Part 3: Financial and legal advice (PDF, 162 KB)
This was considered by the London Assembly at its plenary meeting on Thursday 24 January 2019.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan on 20 December 2018. The consultation closed on 14 January 2019.
Find more information on the consultation.
Budget guidance
The Mayor published his budget guidance on 29 June 2018.
2018–19
Download final budget for 2018–19 (PDF, 1.3 MB)
The Mayor published the final budget in March 2018.
The London Assembly approved the Mayor's final draft budget without amendment on 22 February 2018.
The budget set the Mayor's 2018–19 portion of the council tax (the precept) for a Band D property in the 32 London Boroughs as £294.23. The precept in the City of London was set at £76.10. The council tax precept was approved in Mayoral Decision 2240.
The budget includes the GLA Group Four Year Efficiency Plan under Section 9 of the document.
Download capital spending plan 2018–19 (PDF, 409 KB)
The Mayor published his capital spending plan 2018–19 in February 2018.
Final draft consolidated budget
The Mayor published his final draft consolidated budget on 14 February 2018, in three parts:
- Download Part 1: Mayor's background statement (PDF, 229 KB)
- Download Part 2: Explanation of proposals (PDF, 1.4 MB)
- Download Part 3: Financial and legal advice (PDF, 305 KB)
These were considered by the London Assembly at its plenary meeting on Thursday 22 February 2018.
Draft consolidated budget
The Mayor published his draft consolidated budget on 17 January 2018, in three parts:
- Download Part 1: Mayor's background statement (PDF, 236 KB)
- Download Part 2: Explanation of proposals (PDF, 1.4 MB)
- Download Part 3: Financial and legal advice (PDF, 271 KB)
These were considered by the London Assembly at its plenary meeting on Thursday 25 January 2018.
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan on 21 December 2017. The consultation closed on Friday 12 January 2018.
Budget guidance
The Mayor published his budget guidance on 13 June 2017.
2017–18
Download final budget for 2017–18 (PDF, 1.3 MB)
The Mayor published the final budget in March 2017.
The London Assembly approved the Mayor's final draft budget without amendment on 10 February 2017.
The budget set the Mayor's 2017–18 portion of the council tax (the precept) for a Band D property in the 32 London boroughs as £280.02. The council tax precept was approved in Mayoral Decision 2075.
The budget includes the GLA Group Four Year Efficiency Plan under Section 9 of the document.
Download Mayor's capital spending plan 2017–18 (PDF, 453 KB)
The Mayor published his capital spending plan on 27 February 2017.
Final draft consolidated budget
The Mayor published the final draft consolidated budget on 10 February 2017, in three parts:
- Download Part 1: Mayor's background statement (PDF, 91 KB)
- Download Part 2: Explanation of proposals (PDF, 372 KB)
- Download Part 3: Financial and legal advice (PDF, 119 KB)
These documents were considered by the London Assembly at their plenary meeting on Monday 20 February 2017.
Draft consolidated budget
The Mayor published his draft consolidated budget on 17 January 2017, in three parts:
- Download Part 1: Mayor's background statement (PDF, 102 KB)
- Download Part 2: Explanation of proposals (PDF, 371 KB)
- Download Part 3: Financial and legal advice (PDF, 132 KB)
These were considered by the London Assembly at their plenary meeting on Wednesday 25 January 2017.
Consultation budget and draft capital spending plan
The Mayor published the consultation budget and draft capital spending plan in December 2016.
The budget was open for consultation until Thursday 12 January 2017.
- Download consultation budget and draft capital spending plan (PDF 1.4 MB)
- View the press release on the Mayor Sadiq Khan's first budget
Budget guidance
The Mayor published his budget guidance on 1 July 2016.
2016–17
Download final budget for 2016-17 (PDF, 826 KB)
The Mayor published the final budget in March 2016.
The London Assembly approved the Mayor's final draft budget without amendment on 22 February 2016.
The budget set the Mayor's 2016–17 portion of the council tax (the precept) for a Band D property in the 32 London Boroughs as £276.00. This is a £19.00 (6.4%) reduction compared to 2015–16.
The precept in the City of London was set at £73.89. This is a reduction of £12.24 (14.2%) compared 2015–16.
The council tax precept was approved in Mayoral Decision 1611.
Download capital spending plan 2016–17 (PDF, 271 KB)
The Mayor published his capital spending plan in February 2016.
Final draft consolidated budget
The Mayor published his final draft consolidated budget in February 2016, in three parts:
- Download Part 1: Mayor's background statement (PDF, 93 KB)
- Download Part 2: Explanation of proposals (PDF, 348 KB)
- Download Part 3: Financial and legal advice (PDF, 133 KB)
Draft consolidated budget
The Mayor published his draft consolidated budget in January 2016, in three parts:
- Download Part 1: Mayor's background statement (PDF, 107 KB)
- Download Part 2: Explanation of proposals (PDF, 350 KB)
- Download Part 3: Financial and legal advice (PDF, 133 KB)
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan in December 2015.
Budget guidance
- Download budget guidance (PDF, 179 KB) (July 2015)
- Download supplementary Mayor's budget guidance (PDF, 133 KB) (October 2015)
GLA Group four-year efficiency plans
In March 2016, the government invited local authorities to publish locally owned and locally driven four year efficiency plans. These plans set out how they would plan ahead and better manage their budgets.
Local authorities who do this received four years of funding, as set out in the Local Government Finance Settlement. This included the top-up and tariff payments relating to the business rates retention system.
The GLA Group made its efficiency plans for 2016–17 to 2019–20. Individual plans for its functional bodies are under Appendices B to E.
2015–16
Download final budget for 2015–16 (PDF, 348 KB)
The Mayor published his final budget in March 2015.
The London Assembly approved the Mayor's final draft budget on 23 February 2015, without amendment.
The budget set the Mayor's 2015–16 portion of the council tax (the precept) for a Band D property in the 32 London Boroughs at £295, a £4 (1.3%) reduction from 2014–15. The precept in the City of London was set at £86.13. The council tax precept was approved by Mayoral Decision 1451.
Download capital spending plan 2015–16 (PDF, 93 KB)
The Mayor published his capital spending plan in February 2015.
Final draft consolidated budget
The Mayor published his final draft consolidated budget in February 2015.
- Download Part 1: Mayor's background statement (PDF, 88 KB)
- Download Part 2: Explanation of proposals (PDF, 318 KB)
- Download Part 3: Financial and legal advice (PDF, 135 KB)
Draft consolidated budget
The Mayor published his draft consolidated budget in January 2015.
- Download Part 1: Mayor's background statement (PDF, 117 KB)
- Download Part 2: Explanation of proposals (PDF, 301 KB)
- Download Part 3: Financial and legal advice (PDF, 122 KB)
Consultation budget and draft capital spending plan
The Mayor published his consultation budget and draft capital spending plan in December 2014.
Budget guidance
The Mayor published his budget guidance in July 2014.
2014–15
2013–14
2012–13
2011–12
2010–11
2009–10
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