asked the Secretary of State for the Environment if he will break down the money to be returned to London boroughs by the London residuary body detailing the sum to be paid to each borough; and if he will make a statement.
Firm figures will not be available until the GLC's final accounts have been audited and certified. However, the tables show the latest estimates which we have from the London residuary body of revenue balances, capital receipts and associated spending power which willl be distributed to London boroughs, the common council and the Temples.Of the estimated £129 million revenue balances available for distribution, £89 million is being paid out in this financial year in monthly instalments. The remaining £40 million is to be distributed in 1987–88. LRB estimate that a further £40 million may be available in 1988–89. It is, however, too early to say whether this amount will be distributed, as it may be required to finance other expenditure.
Table A Distribution of Estimated GLC Revenue Balances | ||
Distributed in 1986–87 | To be distributed in 1987–88 | |
Inner London | ||
City of London | 68,871 | 28,938 |
Inner Temple | 1,449 | 615 |
Middle Temple | 1,317 | 591 |
Camden | 2,335,644 | 1,066,273 |
Greenwich | 2,845,455 | 1,277,872 |
Hackney | 2,475,282 | 1,108,238 |
Hammersmith & Fulham | 1,985,232 | 891,910 |
Islington | 2,176,246 | 992,390 |
Kensington and Chelsea | 1,791,983 | 813,299 |
Lambeth | 3,216,945 | 1,439,232 |
Lewisham | 3,057,546 | 1,373,624 |
Southwark | 2,840,185 | 1,276,099 |
Tower Hamlets | 1,904,874 | 869,449 |
Wandsworth | 3,402,689 | 1,529,664 |
Westminster | 2,397,559 | 1,058,589 |
Total Inner London | 30,500,877 | 13,726,783 |
Outer London | ||
Barking & Dagenham | 1,968,106 | 878,315 |
Barnet | 3,928,308 | 1,780,273 |
Bexley | 2,877,071 | 1,291,467 |
Brent | 3,357,900 | 1,506,612 |
Bromley | 3,930,943 | 1,760,768 |
Croydon | 4,200,998 | 1,885,482 |
Ealing | 3,803,161 | 1,728,260 |
Enfield | 3,468,557 | 1,566,310 |
Haringey | 2,635,998 | 1,165,571 |
Harrow | 2,693,123 | 1,192,168 |
Havering | 3,157,664 | 1,409,679 |
Hillingdon | 3,058,864 | 1,373,033 |
Hounslow | 2,605,699 | 1,156,114 |
Kingston upon Thames | 1,766,553 | 791,430 |
Merton | 2,160,438 | 972,294 |
Newham | 2,758,510 | 1,232,952 |
Redbridge | 2,963,775 | 1,347,617 |
Richmond upon Thames | 2,115,648 | 954,562 |
Sutton | 2,234,209 | 1,002,438 |
Waltham Forest | 2,833,598 | 1,277,872 |
Total Outer London | 58,499,123 | 26,273,217 |
Total All Boroughs | 89,000,000 | 40,000,000 |
Table B—Distribution of Estimated Spending Power | |||
Inherited from GLC transferred in 1986–87 £000s | LRB receipts arising and transferred in 1986–87 £000s | LRB receipts arising and to be transferred in 1987–88 £000s | |
Inner London | |||
City of London | 285 | 80 | 132 |
Camden | 9,680 | 5,295 | 7,560 |
Greenwich | 11,793 | 3,618 | 5,986 |
Hackney | 10,258 | 5,760 | 8,097 |
Hammersmith and Fulham | 8,228 | 3,123 | 4,918 |
Islington | 9,019 | 5,285 | 7,284 |
Kensington and Chelsea | 7,425 | 2,609 | 4,295 |
Lambeth | 13,332 | 6,600 | 9,914 |
Lewisham | 12,672 | 4,548 | 7,318 |
Southwark | 11,771 | 5,881 | 8,824 |
Tower Hamlets | 7,894 | 3,186 | 4,972 |
Wandsworth | 14,102 | 3,832 | 6,669 |
Westminster | 9,936 | 2,945 | 4,931 |
Total Inner London | 126,395 | 52,762 | 80,900 |
Outer London | |||
Barking and Dagenham | 8,157 | 1,150 | 2,781 |
Barnet | 16,280 | 2,072 | 4,925 |
Bexley | 11,924 | 1,504 | 3,516 |
Brent | 13,916 | 4,566 | 7,140 |
Bromley | 16,291 | 2,042 | 4,843 |
Croydon | 17,410 | 2,392 | 5,305 |
Ealing | 15,762 | 3,093 | 5,966 |
Enfield | 14,375 | 1,946 | 4,421 |
Haringey | 10,925 | 5,008 | 6,985 |
Harrow | 10,996 | 1,545 | 3,375 |
Havering | 13,086 | 1,615 | 3,905 |
Hillingdon | 12,677 | 1,958 | 4,112 |
Hounslow | 10,799 | 2,186 | 3,970 |
Kingston upon Thames | 7,321 | 823 | 2,042 |
Merton | 8,954 | 1,309 | 2,968 |
Newham | 11,432 | 4,288 | 6,299 |
Redbridge | 12,366 | 1,652 | 3,737 |
Richmond upon Thames | 8,768 | 1,271 | 2,727 |
Sutton | 9,259 | 1,079 | 2,676 |
Waltham Forest | 11,743 | 2,139 | 4,283 |
Total Outer London | 242,441 | 43,638 | 85,976 |
Total all Boroughs | 368,836 | 96,400 | 166,876 |
Table C Distribution of Estimated Capital Receipts Cash | ||
Inner London | 1986–87 £000s | 1987–88 £000s |
City of London | 27 | 87 |
Camden | 2,002 | 4,821 |
Greenwich | 1,241 | 3,904 |
Hackney | 2,184 | 5,157 |
Hammersmith & Fulham | 1,119 | 3,176 |
Islington | 2,014 | 4,638 |
Kensington & Chelsea | 921 | 2,781 |
Inner London
| 1986–87 £000s
| 1987–88 £000s
|
Lambeth | 2,464 | 6,328 |
Lewisham | 1,612 | 4,735 |
Southwark | 2,197 | 5,634 |
Tower Hamlets | 1,154 | 3,205 |
Wandsworth | 1,274 | 4,371 |
Westminster | 1,001 | 3,217 |
Total Inner London | 19,210 | 52,054 |
Outer London
| ||
Barking & Dagenham | 286 | 1,871 |
Barnet | 476 | 3,359 |
Bexley | 343 | 2,402 |
Brent | 1,589 | 4,653 |
Bromley | 462 | 3,305 |
Croydon | 582 | 3,612 |
Ealing | 920 | 3,983 |
Enfield | 470 | 3,008 |
Haringey | 1,850 | 4,491 |
Harrow | 383 | 2,296 |
Havering | 361 | 2,663 |
Hillingdon | 516 | 2,781 |
Hounslow | 659 | 2,652 |
Kingston upon Thames | 167 | 1,403 |
Merton | 334 | 2,004 |
Newham | 1,532 | 4,086 |
Redbridge | 395 | 2,548 |
Richmond upon Thames | 322 | 1,854 |
Sutton | 228 | 1,833 |
Waltham Forest | 615 | 2,866 |
Total Outer London | 12,490 | 57,670 |
Total all Boroughs | 31,700 | 109,724 |
On the basis of these figures, by the end of 1987–88 London boroughs will have received the benefit of some £240 million cash and £632 million additional spending power as a direct result of abolition of the GLC.