HC Deb 22 May 1931 vol 252 c2405W
Sir K. WOOD

asked the Minister of Health what was the rateable value of the borough of Woolwich and the annual income to the borough prior to the Eating 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. GREENWOOD

The borough of Woolwich as a Metropolitan borough is not subject to the provisions of the Rating and Valuation Act, 1925. According to the latest estimates based on the figures for the standard year (1928–29) the losses on account of rates of the borough, provisionally ascertained for the purpose of the calculation of the Exchequer grants payable under the Local Government Act, 1929, amount to £80,961.