The Mayor of London has confirmed £148m funding a year for the next three years for Transport for London’s Local Implementation Fund.
The Mayor says this funding, together with the investment through his roads and cycling plans, mean “the improvements being delivered in partnership with London’s boroughs is simply unprecedented”.
Boris Johnson has confirmed that TfL’s financial support to local transport projects through the Local Implementation Fund ( LIP), will be held constant at £147.8m for the next three years to 2016/17.
The funding will be used by the boroughs to support projects that will create safer cycling infrastructure, improve roads, high streets and neighbourhoods and tackle air pollution across London.
London’s Transport Commissioner, Sir Peter Hendy CBE, said: “This money will have a great impact at a local level, delivering hundreds of projects that will make a real difference to the daily lives of local people and boosting local economies.”
Each borough produces a Local Implementation Plan (LIP) to demonstrate how they plan to implement the Mayor’s Transport Strategy locally. While Transport for London allocates funding for individual schemes, the LIP and delivery of individual projects is the responsibility of each borough Borough funding allocations for 2014/15:
Funding by Borough
- Barnet £4,501,000
- Brent £3,431,000
- Ealing £4,895,000
- Hammersmith and Fulham £3,709,000
- Harrow £2,290,000
- Hillingdon £4,303,000
- Hounslow £4,805,000
- Wandsworth £3,009