Where your money goes 2022/23
Where the Council gets its money (2022/23)
| Government funding | £169.2m |
| Council tax payers | £143.1m |
| Total | £312.3m |
Where the Council spends its money (2022/23)
| Borough services | £277.6m |
| Greater London Authority (GLA)* | £33.1m |
| Environment Agency (flood defence)** | £0.2m |
| Other levies and special expenses | £1.4m |
| Total | £312.3m |
*The council collects the GLA precept on behalf of the GLA from council tax payers. Find out more about the GLA precept.
**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. Find out more about the Environment Agency levy.
Services on which money is spent (2022/23)
| Childrens Services | £89.6m |
| Health and Adults | £102.7m |
| Regeneration, Enterprise and Skills | £3.7m |
| Communities and Environment | £51.0m |
| Housing and Safer Communities | £20.3m |
| Finance | £10.3m |
| Precepts and other levies | £34.7m |
| Total | £312.3m |
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 10% for the period 2016/17 to 2022/23. We have our raised precept by 14% over this period. Find out more about the adult social care precept.