Council tax levies
Levies on your council tax helps pay for important projects available to Londoners and South East UK.
Lee Valley Regional Park Authority levy
Lee Valley Regional Park is a 26-mile long, 10,000 acre park for all residents of London, Essex and Hertfordshire. The park is part-funded by a levy on Council Tax.
There is a 2.25% increase for 1 April 2026 to 31 March 2027.
Find out more about Lee Valley Regional Park.
| Type of income, spending or cost | Amount for 1 April 2025 to 31 March 2026 | Amount for 1 April 2026 to 31 March 2027 |
|---|---|---|
| Authority operating expenditure | £15.6m | £16.5m |
| Authority operating income | £8m | £8.5m |
| Net service operating costs (spending minus income) | £7.6m | £8m |
| Financing costs: debt servicing / repayments | £2.1m | £2m |
| Financing costs: capital investment | £1.6m | £2.1m |
| Total net expenditure (operating and financing costs minus income) | £11.3m | £12.1m |
| Net use of reserves | £0m | £0.6m |
| Total levy needed on council tax | £11.3m | £11.5m |
Environment Agency Thames Region levy
The Environment Agency has a levying body for its flood and coastal erosion risk management functions and has powers for flood defence.
| Type of income | Amount for 1 April 2025 to 31 April 2026 | Amount for 1 April 2026 to 31 March 2027 |
|---|---|---|
| Levies raised | £13.030m | £13.289m |
| Total council tax base | £5.453m | £5.515m |
The London Pensions Fund Authority (LPFA)
The London Pensions Fund Authority (LPFA) raises a levy each year to meet expenditure on premature retirement compensation and outstanding personnel matters for which LPFA is responsible and cannot charge to the pension fund. These payments relate to former employees of the Greater London Council (GLC), the Inner London Education Authority (ILEA) and the London Residuary Body (LRB).
For 2026/27, the income to be raised by levies is set out below.
The Greater London levy is payable in all boroughs, the Inner London levy only in Inner London Boroughs (including the City of London). The figures show the total to be raised.
- Inner London: £7,000,002
- Greater London: £1,000,002
- Total: £8,000,004
From 2022 onwards, a portion of the amount previously raised as levies is being paid into the LPFA Pension Fund to address a funding deficit in respect of former GLC, ILEA, and LRB employees.