The Greater London Authority (GLA) sets an annual budget for itself and its four functional bodies:
- Transport for London (TfL) (opens an external website)
- Mayor's Office for Policing and Crime (MOPAC), which oversees the work of the Metropolitan Police Service (MPS) (opens an external website)
- London Fire and Emergency Planning Authority (LFEPA) (opens an external website)
- London Legacy Development Corporation (LLDC) (opens an external website), leading on the physical Olympic legacy
These budgets together form a consolidated budget.
The Mayor sets the budget unless the London Assembly can achieve a two-thirds majority in favour of alternative budget proposals.
The agreed budget determines the level of precept levied by the GLA in Londoners’ Council Tax bills, which are administered by the London boroughs and the Corporation of London.
The following budget information is available:
- Budget for 2014-15
- Budget for 2013-14
- Budget for 2012-13
- Budget for 2011-12
- Budget for 2010-11
- Budget for 2009-10
- Budget archive
In keeping with its commitment to transparency, the GLA publishes all of its expenditure items of £250 or over.
The GLA’s overarching approach is set out in its financial regulations.
The fees and charges policy (link opens as a PDF) provides information about fees and charges applying to services provided by the GLA.