TfL is funded from fares, the congestion charge, business rates and grants from the Greater London Authority — which itself is funded by the national government

TfL is funded from fares, the congestion charge, business rates and grants from the Greater London Authority — which itself is funded by the national government and some council tax. https://tfl.gov.uk/corporate/about-tfl/how-we-work/how-we-are-funded https://tfl.gov.uk/corporate/about-tfl/how-we-work/how-we-ar... (Note TfL are also paying for buses, trams and many larger roads in London.)