Council tax is a property-based tax and the way that residents contribute to the cost of local services. This money, together with government grants and business rates, is used to pay for vital local services like schools, rubbish and recycling collections and libraries, as well as services provided by other London-wide organisations like the Greater London Authority (GLA) for police and fire.
Council tax is not a separate part of our budget - like all our funding it goes towards paying for key services.
Council tax accounts for around 11% of council funding. The rest comes from government grants and services that we can charge for.