Breakdown of Crossrail funding
Request ID: FOI-0464-2021
Date published: 15 July 2020
You asked
It is informed that approximately 60% of private participation over the funding of Crossrail (http://content.tfl.gov.uk/board-20200602-agenda-and-papers-supplentary.pdf) but I can't manage to reach that number. Is it outside the 17,8 billions invested? If not, I assume my categorization (public/private) below is wrong. Could you tell which funding items were classified as private funding for the project? (The table below was just to expose my wrong understanding, please feel free to disregard it). Many thanks!
Source Sector Value
DfT direct funding Public 4,96
Business rate suplement borrowing and direct contribution Private 4,1
NR financing for work on existing network Public 2,3
TfL direct funding (original) Public 1,9
Loan from DfT to GLA Public 1,3
Loan from DfT to TfL Public 0,75
Sale of surplus land and propoerty Private 0,55
Community infrastrutucture levy Public 0,3
Developer contributions Private 0,3
Dft additional funding for NR Public 0,29
City of London Corporation commited funding Private 0,25
NR funding Public 0,22
DfT additional funding Public 0,15
TfL additional funding Public 0,15
Contribution from GLA Public 0,1
Voluntary funding from London business Private 0,1
HAL Private 0,07
Total 17,79
We answered
Our Ref: FOI-0464-2021
Thank you for your request received on 23 June 2020 asking for information about Crossrail funding
Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm we do hold the information you require. You asked for:
In your request you’ve quoted, ‘It is informed that approximately 60% of private participation over the funding of Crossrail’ and cited the papers from the 2 June TfL Board meeting. However we believe this figure comes from the Funding page on the Crossrail website as this states, 'Over 60% of the project’s funding has been provided by Londoners and London businesses.'
Please find the requested information in the table below:
Source of Funding (£m) DfT TfL NR Total
DfT direct funding (original) 4,960 4,960 Public
Business rate supplement, borrowing and direct contribution 4,100 4,100 Private
NR financing for work on existing network 2,300 2,300 Public
TfL direct funding 1,900 1,900 Public
Loan from DfT to GLA (December '18) 1,300 1,300 Public
Loan from DfT to TfL (December '18) 750 750 Public
Sale of surplus land and property 550 550 Public
Community infrastructure levy 300 300 Private
Developer contributions 300 300 Private
DfT additional funding for NR 290 290 Public
City of London Corporation committed funding 250 250 Public
NR funding (July '19) 220 220 Public
DfT additional funding (July '18) 150 150 Public
TfL additional funding (July '18) 150 150 Public
Contribution from GLA 100 100 Public
Voluntary funding from London businesses 100 100 Private
HAL 70 70 Private
Total 5,720 9,550 2,520 17,790
If this is not the information you are looking for please feel free to contact me.
The impact of current circumstances on TfL’s resources means we are not able to answer FOI requests readily and we ask that you please do not make a request to us at present.
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Yours sincerely
Gemma Jacob
Senior FOI Case Officer
FOI Case Management Team
General Counsel
Transport for London
[email protected]
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