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MD1348 Olympic Precept Funding Agreement with DCMS

Key information

Decision type: Mayor

Reference code: MD1348

Date signed:

Decision by: Boris Johnson, Former Mayor of London (May 2008 - May 2016)

Executive summary

The GLA has been raising a £20 band D council tax precept specifically for the Olympic and Paralympic Games since 2006-07 as part of its £625 million council tax contribution to the Public Sector Funding Package for the Games. The Mayor is asked to approve payments totalling £150.347 million which remain to be paid to the Department of Culture, Media and Sport (DCMS) over the three years 2014-15, 2015-16 and 2016-17.

Signed decision document

MD1348 DCMS Precept Funding Agreement (signed) PDF.pdf

Supporting documents

MD1348 DCMS Precept Funding Agreement PDF.pdf

MD1348 2014-11-07-GLA Contract (signed) Letter.pdf

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