Mayor's budget 2018-19

Will the council tax hike be enough to keep London safe?

Date published: 
16 January 2018

The Mayor’s key decision this year was to increase council tax by 5 percent to be mainly allocated to the Met and London’s fire service. But despite the extra cash, Sadiq Khan has admitted that it will be tough to halt the ongoing rise in crime in the capital.

The report presents the Committee's findings on the Mayor's 2018-19 budget for London on Police, Transport, Fire, Housing and more.

Key Facts

  • The Mayor has also raised council tax to help fund the LFC, eliminating the savings needed in 2020-21 and 2021-22.
  • In the Mayor’s budget for 2018-19 he has increased his share of council tax by an average of 5.1 per cent, from £280.02 to £294.22 for a Band D property.
  • Transport for London (TfL) is experiencing financial difficulties, and that this will begin to have an impact on services.
  • The Mayor does not have the funding required to build the affordable housing London needs.
  • The financial problems of the London Legacy Development Corporation (LLDC) continue to cause concern. We are not convinced by assurances that the LLDC’s financial issues do not have an impact on the rest of the GLA Group

Recommendations

  • The Met should provide more detail on the expected impact of Borough Command Unit mergers – particularly in terms of financial savings and operational performance.
  • MOPAC should collect robust evidence on how the digital policing strategy is expected to improve efficiency and performance in future, and report back to the committee within six months.
  • TfL should carry out and publish detailed research on future passenger numbers, travelling habits and fares revenue.
  • TfL should provide further analysis on plans for its bus service, including a breakdown of bus service mileage in central, inner and outer London for each year from 2016-17 to 2022-23.
  • The Mayor should provide a list of Housing Infrastructure Fund bids made across the GLA Group, detailing the value of each bid and giving a brief explanation of what it is hoping to achieve.
  • The LLDC’s Chief Restructuring Officer should write to the committee within six months, setting out a clear and detailed action plan to improve the finances of the Stadium.