Where your money goes (2021/22)

Where the Council gets its money (2021/22)

Government funding £162.2m
Council tax payers £135.9m
Total £298.1m

Where the Council spends its money (2021/22)

Borough services  £266.4
Greater London Authority* £30.1m
Environment Agency (flood defence)** £0.2m
Other levies and special expenses £1.4m
Total £298.1m

*The Council collects the Greater London Authority (GLA) precept of on behalf of the GLA from Council Tax payers. More details here.

**The Environment Agency has statutory responsibilities including the management of river defences and flooding and it generates part of its income through a local levy on boroughs.

Services on which money is spent (2021/22)

Childrens Services £89.0m
Health and Adults £99.1m
Regeneration, Enterprise and Skills £6.9m
Communities and Environment £45.0m
Housing and Safer Communities £17.2m
Finance £9.1m
Precepts and other levies £31.7m
Total £298.1

See a full breakdown of annual budgets

How government funding has changed

There is a national funding shortage for adult social care. Authorities have been able to charge an additional precept on their council tax of 13% for the period 2016/17 to 2021/22. We have our raised precept by 13% over this period.