This circular summarises the level of London Councils borough subscriptions and charges for 2014/15.
The London Councils Leaders’ Committee approved the overall revenue budget for London Councils for 2014/15 and the level of borough subscriptions and charges for the year on 10 December 2013. The budget and borough contributions relating to the pan-London Borough Grants Scheme for 2014/15 were approved at the Leaders’ Committee meeting on 12 November 2013. The specific budget, subscriptions and charges relating to the activities of the Transport Environment Committee (TEC) were approved by TEC on 12 December 2013.
The borough subscriptions and charges to be levied by London Councils on the London boroughs from 1 April 2014 are, therefore, set out below. As well as the information provided here, a separate circular dealing with the specific requirements around approving the budget of the London Borough Grants Scheme has already been issued to boroughs.
This Circular brings together, therefore, all of the above strands and sets out the level of boroughs subscriptions and charges to be levied in 2014/15, together with the comparable charge for the current financial year.