Response to the Mayor’s 2006/07 Consultation Budget

Mayor’s 2006/07 Consultation Budget PDF Mayor’s 2006/07 Consultation Budget RTF

In this response, the Budget Committee assesses the extent to which its six pre-budget criteria have been addressed. It comments on Government funding for counter-terrorism, expenditure on the 2012 Olympic and Paralympic Games, the level of cash savings proposed for the GLA Group and the proposed 16.6% increase in the council tax precept. It also comments on the individual budgets proposed for 2006/7 and the main budget proposals. On Safer Neighbourhood Teams, the Committee seeks more evidence of their impact. In respect of TfL and the GLA, it suggests that their call on the council tax precept could be reduced. For LFEPA, it highlights the potential long-term financial implications of a significant use of reserves and, for the LDA, how increased expenditure on the Olympic Games will impact on its other work.