§ Mr. Sweeney
To ask the Secretary of State for Wales what changes he proposes to make to the European regional development fund and local authority capital cash limits for his Department for the current financial year.
§ Mr. Redwood
The European regional development fund cash limit—WO/ERDF—will be reduced by £7,000,000 from £55,000,000 to £48,000,000. The local authority capital limit—WO/LACAP—will be increased by £7,000,000 from £483,215,000 to £490,215,000.
The reduction in the WO/ERDF cash limit results from a lower than expected take-up of ERDF provision during the year.
The increase in WO/LACAP provides for additional housing supplementary credit approvals for mandatory renovation and disabled facilities grants.
Neither of these proposed changes will add to the planned total of public expenditure.