The Mayor’s Budget 2024-25

The Mayor’s budget includes budgets for each of the GLA’s functional bodies – GLA Mayor and the Assembly, Transport for London, the Mayor’s Office for Policing and Crime (including the Metropolitan Police), the London Fire Commissioner, and the Mayoral Development Corporations (LLDC and OPDC).

The Mayor produces a number of budgets as part of the annual budget scrutiny process – the Consultation, Draft Consolidated and Final Draft Consolidated Budgets, which are published here. The London Assembly’s Budget and Performance Committee is responsible for the scrutiny of the Mayor’s budget and the London Assembly votes on the budget.

The Final Draft Consolidated Budget 2024-25 was published on 14 February 2024. 

On 22 February 2024, the London Assembly voted to approve the Mayor’s Final Draft Consolidated Budget 2024-25 without amendment.

The below provides a visual summary of the Mayor’s Final Draft Consolidated Budget 2024-25.

London Assembly Research Unit