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Levy, London Boroughs

Volume 202: debated on Thursday 23 January 1992

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To ask the Secretary of State for the Environment what was the levy imposed on London boroughs by the London residuary body in 1991; and what is the expected levy for the coming year.

The levy imposed on inner London boroughs for the year 1991–92 was £15.7 million. The LRB has indicated that the levy for the year 1992–93 will be of the order of £35 million to £40 million. This includes a substantial element to cover late rating adjustments, for which the former Inner London education authority had made inadequate provision.