HC Deb 09 July 1930 vol 241 cc455-6W

asked the Minister of Transport the amount distributed from, or guaranteed by, the Road Fund during the present year, the balance which remains untouched, and the extent to which, if any, the revenue of next year has been mortgaged in advance?


During the first quarter of the present financial year the amount paid in grants from the Road Fund was £4,699,000. Grants made amounted to £10,647,000. I should, however, explain that grants made during any given period of a financial year are not related to the payments made during the same period, nor does the aggregate amount granted fall to be met in full from the revenue of the year. Commitments have been incurred exceeding the whole of the estimated revenues of the fund for this and the following year.