MD1319 2014-15 Council Tax & Precept and Communication

The Mayor's final draft budget was considered at the meeting of the London Assembly held on 14 February 2014. The Assembly made no amendment to this and it therefore becomes the Greater London Authority's (GLA’s) consolidated budget for the next financial year. Approval of the final draft budget allows the calculation of the GLA council tax requirement and precepts. The Mayor is asked in this Decision to agree these amounts and to the issuing of the formal precept notifications to the 33 billing authorities in London (the 32 London boroughs and the City of London) as set out at Appendix A.

The Mayor is also asked to approve the explanatory supporting text in relation to the GLA budget and precept and associated calculations which will be circulated to the 33 council tax billing authorities in London so that they can make this available to council taxpayers. Two versions of the leaflet text have been prepared – a long version representing the GLA’s preferred text and a short version which billing authorities may, at their discretion, use instead in order to reduce the cost of their council tax billing process. The two alternative versions are set out in Appendix B.