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Departments: Private Finance Initiative

Volume 463: debated on Tuesday 24 July 2007

To ask the Secretary of State for Communities and Local Government how much was spent on private finance initiative projects for which her Department has responsibility in each of the last 10 years; and how much is projected to be spent in each of the next three years, broken down by local authority. (151527)

This Department sponsors 45 signed local authority projects. The total revenue spent by the local authorities on those projects in the last 10 years and forecast for the next three years is as follows:

£ million

1998-99

11

1999-2000

16

2000-01

19

2001-02

34

2002-03

42

2003-04

62

2004-05

81

2005-06

86

2006-07

117

2007-08

140

2008-09

152

2009-10

149

2010-11

146

Forecasts of revenue payments for any projects spending revenue in the next three years, but which are not yet signed, is not available.

Information on individual projects is available on the HM Treasury website at:

www.hm-treasury.gov.uk/documents/public_private_partnerships/ppp_pfi_stats.cfm.