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Baroness Blatch
asked Her Majesty's Government:How much each local education authority in England is permitted to borrow in (a) 1998–99 and (b) 1999–2000 for school-related purposes, specifying the amounts for each specific purpose. [HL3691]
Baroness Blackstone
The attached two tables show each Authority's Annual Capital Guideline (ACG). The ACG is a notional sum which forms pan of each Authority's Basic Credit Approval which it is free to deploy as it wishes in accordance with local needs and priorities. The tables also show the amounts of Supplementary Credit Approval, which are issued through the Schools Access Initiative, the Specialist Schools Programme, and for other more general building projects. Copies of the tables have been placed in the Library.