HC Deb 01 June 1904 vol 135 cc494-5
MR. JOHN ELLIS (Nottinghamshire, Rushcliffe)

To ask the President of the Local Government Board whether he will give the grand totals of columns 1 to 11, inclusive, for England and Wales respectively of Return No. 114, of Session 1904 (Indebtedness of Boroughs).

(Answered by Mr. Walter Long.) The total number of boroughs mentioned in column 1 of the Return is 319. The totals of the sums in columns 2 to 11 are as follows—

£
Column 2 (outstanding loans in respect of water works, gas works, etc.) 114,310,427
Column 3 (outstanding loans in respect of other works and purposes) 80,700,022
Column 4 (overdrafts on bankers on capital account) 7,233,548
Column 5 (overdraft on bankers on revenue account) 3,479,505
Column 6 (total of outstanding loans and overdrafts) 205,731,307
Column 7 (amount standing to credit of sinking funds) 11,960,956
Column 8 (amount remaining due to the councils in respect of loans raised to advance to other local authorities) 2,987,880
Column 9 (estimated value of corporate property) 241,135,270
Column 10 (assessable value for purposes of the borough rate) 64,798,316
Column 11 (assessable value for purposes of the general district rate) 61,409,825

In connection with the total amounts in columns 4 and 5, the observations in the fourth paragraph of the Memorandum prefixed to the Return should be borne in mind, and as regards the amounts stated in column 9 attention may be drawn to the remarks in column 12.