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MD2434 Approval of 2019-20 Council Tax and Precepts

Key information

Decision type: Mayor

Reference code: MD2434

Date signed:

Decision by: Sadiq Khan, Mayor of London

Executive summary

The Mayor's final draft budget for 2019-20 was considered at the meeting of the London Assembly held on 25 February 2019. The Assembly agreed no amendments 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 consolidated council tax requirement and precepts. The Mayor is asked in this decision form to agree these amounts and to the issuing of the formal precept notifications to the 33 London billing authorities (the 32 London boroughs and the Common Council of 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 explanatory 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.

Decision

The Mayor is requested:

(a) To agree the calculations for 2019-20 for:

a. the amount of the consolidated council tax requirement for the Greater London Authority of £960,569,108 and the proposed Band D equivalent council tax precepts (£320.51 in the 32 London boroughs and £78.38 in the Common Council of the City of London);
b. the tax for different valuation bands; and
c. the amount of council tax collectable by each billing Authority and payable to the GLA consistent with the consolidated council tax requirement approved without amendment by the London Assembly on 25 February 2019.

(b) To agree to the issue of the GLA precept data for 2019-20 to the 33 council tax billing authorities (the 32 London boroughs and the Common Council of the City of London).

(c) To formally approve both the alternative versions of the 2019-20 council tax explanatory text in respect of the GLA budget and precept to be issued to the 33 council tax billing authorities for communication to the occupiers of the 3.6 million domestic properties in London.

Part 1: Non-confidential facts and advice

Signed decision document

MD2434 Approval of 2019-20 Council Tax and Precepts

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