§ Mr. JOWETTasked the Minister of Health what was the rateable value of the county borough of Bradford and the annual income to the borough prior to the Rating and Valuation Act, 1925; what was the amount of increase in the rateable value under the operation of the Rating and Valuation Act and the annual amount realised on the present basis of rates under the increase; and the amount of the annual block grants from the Exchequer in respect of derated premises.
§ Mr. GREENWOODThe following is the answer:
2405WAccording to the latest estimates, baaed on the figures for the standard year (1926–20), the losses on account of rates of the county borough of Bradford arising from the derating provisions of the Local Government Act, 1929, amount to £283,814, and the amount of the Exchequer Grants payable annually, under the Act to the council of the county borough during the first fixed grant period (i.e., the three years beginning on 1st April, 1930) is £402,128. This last-mentioned amount exceeds by £14,692 the total of the losses on account of rates and grants (as adjusted by reason of the alteration of poor law boundaries) attributable to the operation of the Act. These figures are approximate and subject to revision.