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Local Government Finance

Volume 890: debated on Tuesday 22 April 1975

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asked the Secretary of State for Wales (1) what was the total capital expenditure and capital expenditure assigned to repayment of debt spent by Welsh local authorities in 1973–74 and 1974–75, respectively;(2) what was the capital income of Welsh local authorities in loans, Government grants and in total in 1973–74 and 1974–75, respectively;(3) what were the levels of income of Welsh local authorities derived from rates, Government grants and in total in 1973–74 and 1974–75, respectively;(4) what were the levels of revenue and capital expenditure of Welsh local authorities in 1973–74 and 1974–75, respectively;(5) what amounts were spent on loan charges by Welsh local authorities as part of their revenue expenditure accounts in 1973–74 and 1974–75, respectively.

The latest published information is contained in the booklet "Local Government Financial Statistics England and Wales 1972/73" issued jointly at the end of 1974 by the Department of the Environment and the Welsh Office under the Local Government Act 1972. Information relating to 1973–74 and 1974–75 will be published in due course.

asked the Secretary of State for Wales (1) what is the current gross debt of Welsh local authorities owed to public and private sector sources, respectively;(2) what amounts have been raised from private sector financial sources by Welsh local authorities in each of the last five available years;(3) what sums have been spent by Welsh local authorities on paying interest and principal, respectively, of loans from private sources in each of the last five available years.