§ Mr. MackinlayTo ask the Secretary of State for the Environment, Transport and the Regions what is the current level of set-aside capital receipts derived from the sale of council houses for each local authority in Essex. [3010]
§ Mr. RaynsfordThe amounts of housing capital receipts which were set aside by each local authority in Essex between 1990–91 and 1995–96 are set out in the table. However, individual authorities may have used these set-aside receipts to repay debt or in lieu of further borrowing, and so may no longer retain them in the form of cash and investments.
Receipts setaside from sales of Housing Revenue Account assets 1990–91 to 1995–96 £000s Basildon 10,465 Braintree 13,072 Brentwood 5,404 Castle Point 2,588 Chelmsford 13,172 Colchester 11,629 Epping Forest 14,694 Harlow 27,644 Maldon 15,346 Rochford 2,295 Southend-on-Sea 7,330 Tendring 4,588 Thurrock 17,017 Uttlesford 6,931 Note:
Source of data: HRA subsidy claim forms.
We will be consulting the Local Government Association and local authorities on the Government's Capital Receipts Initiative in due course. No decision about the basis on which resources are to be distributed to individual authorities will be made until that consultation process is complete.
519W