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Local Government Finance

Volume 201: debated on Monday 13 January 1992

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To ask the Secretary of State for the Environment if, on the basis of the best information available, he will publish a table showing for each region and each class of local authority in England, for housing capital receipts and other capital receipts, showing (a) total cash backed capital receipts available to local authorities at 31 March 1990, and the amount of those receipts that were set aside as provision for credit

Capital receipts 1990–91—by region and class
Total receipts 31 March 1990of which reserved partTotal receipts 1990–91of which reserved partReceipts used in 1990–91
£ million£ million£ million£ million£ million
Totals by Class
Shire Counties247118229102128
Metropolitan Districts343210607397305
London Boroughs1,396888729485495
Non Metropolitan Districts4,5542,9681,5161,0591,171
Other Authorities8153652457
Total all England6,6214,2373,1462,0672,156
Totals by Region
South East3,7362,3991,6271,0901,146
South West713449218137173
East Anglia3102021066889
West Midlands444285271184191
East Midlands641404192107168
North West299193300187160
Yorks & Humberside279175264177139
Northern Region19913016811790
Total all Regions6,6214,2373,1462,0672,156
Forecast capital receipts 1991–92—by region and class
Total receipts 1991–92of which reserved partReceipts used in 1991–92
£ million£ million£ million
Totals by Class
Shire Counties16777137
Metropolitan Districts497301224
London Boroughs631394350
Non Metropolitan Districts971636804
Other Authorities501650
Total All England2,3161,4241,565
Totals by Region
South East1,124682794
South West16398167
East Anglia1066965
West Midlands201130102
East Midlands14087134
North West239143132
Yorks & Humberside195120105
Northern Region1489566
Total All Regions2,3161,4241,565

To ask the Secretary of State for the Environment what forecasts he has made as to the likely levels of (a) housing capital receipts and (b) other capital receipts, generated by local authorities in England in 1992–93; what proportion of those receipts is estimated to be required to be set aside as provision for credit liabilities, (b) the total of capital receipts received by local authorities in 1990–91 and the amount of those receipts set aside as provision for credit liabilities, (c) total capital receipts spent by local authorities in 1990–91, (d) the estimated total of capital receipts local authorities received in 1991–92, and the amount of those receipts that are likely to be set aside as provision for credit liabilities and (e) the estimated total of capital receipts spent on capital projects in 1991–92.

The information requested is as follows. The figures are taken from local authority returns to the Department where available, estimates have been made for missing data.liabilities; and what amount of capital receipts are estimated to be spent on capital projects within the financial year.

Estimates of this nature are uncertain but at the time of the autumn statement total capital receipts likely to be generated by local authorities in 1992–93 were forecast at £3·0 billion. This total is likely to be split between housing and non-housing receipts in the ratio of 3:1. It is estimated that around two thirds of the total would be required to be set aside as provision for credit liabilities. It is further estimated that £1·2 billion of capital receipts, both accumulated and in-year, would be spent on capital projects during 1992–93.