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Merthyr Tydfil (Rate Subsidy)

Volume 833: debated on Monday 20 March 1972

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83.

asked the Secretary of State for the Environment what was the annual value of rate subsidy in the £ given to Merthyr Tydfil in each of the years 1966 to 1972; and what he anticipates it will be in the financial years 1972–73 and 1973–74, respectively.

Rate support grant payments in respect of each year, expressed as a rate poundage in new pence, are estimated to be:

1967–68197·9
1968–69202·3
1969–70215·0
1970–71235·3
1971–72237·6
1972–73245·2
The figure for comparable grants in 1966–67 was 175·1. An estimate for 1973–74 cannot yet be made.