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Mr. Wareing
To ask the Secretary of State for the Environment what was the level of the housing investment programme allocation awarded to Liverpool in each financial year since 1978–79; and what the changes amounted to, in real terms.
Mr. Yeo
Housing investment programme—HIP—allocation and gross capital expenditure figures are as follows:
£ thousands | ||||
HIP allocation | Gross Expenditure1 | |||
cash value | at 1991–92 prices | cash value | at 1991–92 prices | |
1978–79 | 35,460 | 96,195 | 30,832 | 83,640 |
1979–80 | 42,430 | 98,651 | 52,611 | 122,322 |
1980–81 | 47,230 | 92,798 | 40,277 | 79,137 |
1981–82 | 39,788 | 71,293 | 35,479 | 63,572 |
1982–83 | 49,337 | 82,524 | 55,076 | 92,123 |
1983–84 | 41,850 | 66,901 | 60,700 | 97,034 |
1984–85 | 38,499 | 58,612 | 65,169 | 99,214 |
1985–86 | 31,000 | 44,727 | 83,751 | 120,837 |
1986–87 | 27,500 | 38,414 | 69,323 | 96,835 |
1987–88 | 25,300 | 33,518 | 64,651 | 85,652 |
1988–89 | 20,588 | 25,448 | 45,151 | 55,810 |
1989–90 | 23,349 | 27,103 | 49,338 | 57,271 |
New Capital Finance System2 | ||||
1990–91 | 38,037 | 40,700 | 55,194 | 59,058 |
31991–92 | 31,620 | 31,620 | 4— | 4— |
Notes: | ||||
1 Since 1981–82 local authorities have been able to augment the borrowing power of their HIP allocations by using the prescribed proportion of their capital receipts. | ||||
2 From 1990–91, under the new capital finance system, the HIP allocation does not convey borrowing approval directly. The HIP allocation totals include supplementary credit approvals for housing projects. | ||||
3 Provisional estimate of final allocation. | ||||
4 Not available. |