Revenue funding
London boroughs’ core funding is equal to £8,117 million.
- £1,821 million of that is made up of Special and Specific Grants,
- £2,897 million is Council Tax and
- £3,398 million is Settlement Funding Assessment
This bubble chart shows how London local government was funded in 2016-17
Revenue expenditure
The second chart shows how London local government has budgeted to spend a total of £22.7 billion in 2016-17.