[holding answer 23 April 2007]: The Housing Revenue Subsidy System has received a net contribution from the Exchequer in each financial year since 2001-02, when the Major Repairs Allowance was introduced to help councils do more to repair and refurbish council homes.
The net subsidy position for each year between 1997-98 and 2005-06 (the last year for which we have audited figures) is given in the following table, negative figures represent net surpluses for that year and positive figures show net deficits, which were paid by the Exchequer.
Net housing element 1997-98 -668,307,497 1998-99 -869,992,311 1999-2000 -1,040,869,030 2000-01 -1,116,331,437 2001-02 351,105,009 2002-03 252,059,142 2003-04 191,153,240 2004-05 78,877,384 2005-06 229,558,982
[holding answer 23 April 2007]: Details of management, maintenance and major repairs allowances are given in the following table:
Status Financial year Management allowance Maintenance allowance Major repairs allowance Audited 2005-06 1,168,254,149 2,052,043,828 1,357,380,814 Provisional 2006-07 1,207,333,911 2,119,654,860 1,313,506,485 Estimated 2007-08 1,253,322,310 2,203,103,351 1,351,978,810
Data on actual rental income and expenditure on debt charges are only available for 2005-06 as these are dependent upon audited returns from local authorities and are shown as follows.
Amount (£) Debt charges 3,013,330,952 Rental income from dwellings 6,019,037,529 Other rental income 189,132,296
Audited returns for 2006-07 and 2007-08 are not due until December 2007 and December 2008 respectively.