Budget committee today considered the savings that will need to be made to freeze the City Hall budget. Deputy Mayor, Sir Simon Milton commented that in his 20 years of experience in local government this had not been a particularly difficult budget to set, with an abundance of 'low hanging fruit' to pick from.
£1,056k saved by deleting a large number of vacant posts. Some of these had been unfilled for up to five years, yet they appeared in Livingstone's budget every February.
£1,464 from restructuring the Mayor's Office and Press Office.
£174k saved by reducing free lets of our prestigious venue, London's Living Room.
£40k saved by cutting funding for Peace Week.
£771 saved from mayoral stakeholder programmes. These included such gems as the Venezuela Project £66k, Ethnic Media Monitoring £48k, National Assembly Against Racism £60k, and Voter Participation £20k.
Star question of the meeting came from chairman, Labour's John Biggs - "So, Mr Milton, what are the unforeseen risks?"