Good news for Council Taxpayers in the capital. The Mayor of London Boris Johnson is cutting his share of the Council Tax precept by In his draft budget the Mayor sets out his intention to reduce the Greater London Authority share of the Council Tax bill by 1.2% from April. If the budget is approves it means the bill for a Band D property falling from £306.72 to £303.00. It follows a 1% cut in this financial year.
It means Boris has either frozen or reduced the precept every year since his election in 2008. He is pledged to reduce the GLA share of the council tax bill by 10 per cent over his second term as Mayor; and has already cut his share by 20 per cent in real terms since becoming Mayor.
The budget plans to maintain the police at 32,000 while rationalising the Metropolitan Police and London Fire Brigade buildings.
“Against a difficult economic background my planned budget will cut council tax while making significant strides in growing our economy, fighting crime and improving transport. Next year the Government will carry out its spending review and I will continue to champion the capital to ensure we get the funding necessary to support the economy and quality of life in this great city.”