At the last Mayor's Question Time Boris Johnson made a lot of fuss about the third consecutive freezing of his share of the council tax.
This has been heavily spun as a result of "prudence" on Boris's part.
However, this spin deliberately hides the fact that the overall cost of the Mayoralty on Londoners has continued to rise with fare increases massively outweighing any reductions in taxation.
And it also hides the deliberate political choice that Boris has made to cut taxes and charges for some, whilst hugely increasing fares for others.
This can be seen most clearly in Boris's decision to axe the Western extension of the congestion charge, which will come into effect this week.
TfL estimate that axing the charge will cost them £55 million a year.
So how can "prudent" Boris afford to lose so much income? Well by massively increasing fares elsewhere of course:
Increase in Bus Fares
Question No: 3888 / 2010
Caroline Pidgeon: What is TfL’s estimate of how much extra revenue the increase in bus fares from January 2011 will bring in 2011/12?
Answer from the Mayor: TfL estimates that the extra bus fares revenue in the year 2011/12 as a result of the January 2011 fare changes will be around £60m.
So that's £55 million less revenue from West Londoners paid for by £60 million extra from bus passengers.
It's a simple political choice. Force the cost of public transport up in order to keep the charges on property and motoring down.
Londoners can choose to either agree or disagree with that decision but the Mayor shouldn't keep pretending that he hasn't taken it.