Paying for the Roads

Later on I will be going to the Brent Council Executive, where one of the reports will be on the coming year's investment in Borough roads.  This is separate from the Transport for London funding that makes up a lot of what we spend on transport, and comes from "unsupported borrowing."  In other words, we borrow money and fund the interest payments from our revenue.  At some point this model of funding will have to change, as a greater and greater proportion of our revenue risks being swalloed up in interest payments.