Where your money goes 2020/21
Where the Council gets its money (2020/21)
|Council tax payers||£129.5m|
Where the Council spends its money (2020/21)
|Greater London Authority *||£27.8m|
|Environment Agency (flood defence)**||£0.2m|
|Other levies and special expenses||£1.4m|
*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 (2020/21)
|Health and Adults||£87.5m|
|Regeneration, Enterprise and Skills||£15.1m|
|Communities and Environment||£29.6m|
|Housing and Safer Communities||£15m|
|Precepts and other levies||£28.2m|
How government funding has changed
Since 2010, the amount of money we receive from government has reduced by over £130million and our costs have risen due to inflation and because more people need to use our services.
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 2020/21. We have our raised precept by 10% over this period.