Item 9 - Proposed Revenue Budget and Borough Subscriptions and Charges 2021/22 (LD8/20)

Summary
 
This report proposes the level of boroughs subscriptions and charges to be levied in 2021/22, together with the consolidated revenue income and expenditure budget for 2021/22. The report also updates the Leaders’ Committee on the current level of London Councils reserves after considering all current and proposed commitments and the timetable for the overall budget approval process. These proposals were considered by London Councils Executive at its meeting on 10 November and this package was agreed for submission to this Committee for final consideration and approval.
Recommendations
 
The Leaders’ Committee is asked to approve the following borough subscription and charges:
The proposed Joint Committee subscription for boroughs of £161,958 per borough for 2021/22, no change on the charge of £161,958 for 2020/21 (paragraph 14); 
The proposed Joint Committee subscription for MOPAC of £15,410 for 2021/22, no change on the charge of £15,410 for 2020/21 (paragraph 15);
An overall level of expenditure of £6.668 million for the Grants Scheme in 2021/22, no change from 2020/21; and
Borough contributions for 2021/22 to fully cover the scheme of £6.668 million, the same level as for 2020/21 (paragraphs 16-18).
The Leaders’ Committee is also asked to endorse the following subscription and charges for 2021/22 for TEC, which were be considered by the TEC Executive Sub-Committee on 19 November, and which will be presented to the main meeting of TEC on 10 December for final approval:
 
The Parking Core Administration Charge of £1,500 per borough and for TfL (2020/21 - £1,500) (paragraph 19); 
No charge to boroughs in respect of the Freedom Pass Administration Charge, which is covered by replacement Freedom Pass income (2020/21 – no charge) (paragraph 21); 
The net Taxicard Administration Charge to boroughs of £338,000 in total (2019/20 - £338,000); (paragraph 22);
No charge to boroughs and TfL in respect of the Lorry Control Administration Charge, which is fully covered by estimated PCN income (2020/21 – no charge) (paragraph 23); 
The Parking Enforcement Service Charge of £0.3596 per PCN, which will be distributed to boroughs and TfL in accordance with the number of PCNs issued in 2019/20 (2020/21 - £0.3708 per PCN; paragraphs 26-27);
The Parking and Traffic Appeals Charge of £27.84 per appeal or £24.06 per appeal where electronic evidence is provided by the enforcing authority (2020/21 - £27.35/£23.63 per appeal). For hearing Statutory Declarations, a charge of £22.15 for hard copy submissions and £21.40 for electronic submissions (2020/21 - £21.78/£21.04 per SD) (paragraphs 28-29); 
Congestion Charging Appeals including the ULEZ scheme – to be recovered on a full cost recovery basis, as for 2020/21, under the current contract arrangement with the GLA (paragraph 30);
The TRACE (Electronic) Charge of £7.53 per transaction (2020/21 - £7.53) (paragraphs 31-33); 
The TRACE (Fax/Email) Charge of £7.70 per transaction, which is levied in addition to the electronic charge of £7.53 per transaction, making a total of £15.23 (2020/21 -   £15.23) (paragraphs 31-33); and
The TEC Charge of £0.175 per transaction (2020/21 - £0.175) (paragraphs 31-33).
On the basis of the above proposed level of subscriptions and charges, the Leaders’ Committee is asked to approve:
The provisional consolidated revenue expenditure budget for 2021/22 for London Councils of £341.317 million, as per Table 4 at paragraph 34 and Appendix A of this report;
The provisional consolidated revenue income budget for 2021/22 for London Councils of £339.787 million, also as per Table 4 at paragraph 34 and Appendix B;
Within the total income requirement, the use of London Councils reserves of £1.530 million in 2021/22, as detailed in paragraph 53. 
The Leaders’ Committee is also asked to note:
 
The position in respect of forecast uncommitted London Councils reserves as at 31 March 2021, as detailed at paragraphs 51-59; and
 
The positive statement on the adequacy of the residual London Councils reserves issued by the Director of Corporate Resources, as detailed in paragraphs 58-59.