The level of City Hall funding for borough transport schemes in the capital is set to fall after the Government’s recent spending review slashed Transport for London’s budget.
Under plans set out by TfL and City Hall yesterday, boroughs will receive £146m for local transport projects in 2011/12, down from £169m in 2009/10 and £155m in 2010/11.
The funding is provided for local schemes such as widening pavements, traffic smoothing and upgrading crossings. TfL says the 2011/12 funding package will allow “the vast majority of the boroughs’ proposed schemes” to be delivered.
In a statement Mayor of London Boris Johnson said the money would allow Boroughs “to make real improvements to town centres, provide better cycling facilities and make roads safer across the Capital.”
London Transport Commissioner Peter Hendy said the investment “will play a significant role in continuing to improve transport across the Capital.”
However Jenny Jones, a Green party member of the London Assembly, warned the reduced level of funding meant “much needed improvements to road safety on local roads will not go ahead” and warned that “preventable deaths and injuries are likely to be higher than they should have been.”
Jones added: “London has benefited from a dramatic fall in road casualties due to ten years of increased investment in measures such as 20mph zones which we know work. This record of success is now under threat.”