asked the Secretary of State for the Environment what was the latest rate support grant payment to Oldham under the old formula; what is the estimated payment under the new formula; what are the equivalent figures for the area comprised by the new Oldham metropolitan district; and how these payments compare with rate support grant payments under both the old and new formulae in the case of all other towns with a population between 100,000 and 150,000.
Rate support grants payable to the county borough of Oldham for 1973–74 following the Rate Support Grant (Increase) (No. 2) Order 1973 are:
£ million | |
Needs Element | 5·326 |
Resources Element | 2·404 |
Domestic Element | 0.274 |
Insufficient information is available to apply with a sufficient degree of accuracy the old rate support grant formulae to the new district, or the new formulae to the existing county borough, or to other boroughs and county boroughs of comparable size.