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Further to the answer provided to Mayor’s Question 2019/20029, the GLA is funding LLDC to stimulate the regeneration of their area, delivering a wide range of benefits for Londoners including new homes and jobs. New developments on and around the Park will generate around £200 million of additional council tax and business rates per annum by the end of the 2030s. LLDC will continue to require subsidy to fund their activities. The long-term position is being reviewed as part of the transition strategy that is currently being prepared.