Each year Transport for London allocates the capital’s 33 London local authorities – including councils and the City of London Corporation – grants to improve local services and schemes.
Hackney council has used its previous LIPs funding settlements to improve safety and visibility at major junctions while Islington uses its grant to fund a shopmobility-style scheme.
In August TfL indicated it would cut the £37million settlement for 2015/16 by 25% and that future funding would also be reduced.
Local councillors and London Assembly Members have been lobbying against the cuts, warning that councils would be forced to axe and abandon schemes.
At Wednesday’s Mayor’s Question Time, Mr Johnson told London Assembly Members that all boroughs would now receive their original sums.
Gareth Bacon AM, who questioned the Mayor about the proposed cuts, said: “You may not have heard of TfL’s LIPs funding, but it’s incredibly important in helping pay for much needed transport projects in your local area – which might include your local lollipop lady, crossings and bespoke roundabouts.
“Today the Mayor has confirmed that we will have a secure stream of LIPs funding for the next three years. This cash gives us the autonomy to build what we need locally by funding projects that residents want, rather than what a distant body like TfL might think we need.”
The Mayor’s commitment was welcomed by London Councils, the cross-party organisation which represents all 33 local authorities in the capital.
Transport spokesperson Councillor Catherine West said: “London Councils has lobbied hard to protect the vital funding for Local Implementation Plans and we welcome the Mayor of London’s intervention to secure the money for the boroughs.
“While only accounting for one per cent of Transport for London’s total budget, LIPs funding pays for important schemes to revitalise town centres; lowering curbs to help wheelchair users to board buses more easily and improving pavements and borough roads for pedestrians, cyclists and traffic.”
