§ Mr. RedwoodTo ask the Secretary of State for the Environment, Transport and the Regions what is offered as the level of transport supplementary grant for local authorities for 2000–01. [104229]
§ Mr. Prescott£13.519 million in transport supplementary grant (TSG) has been allocated in the 2000–01 local transport capital settlement. This funding is given for a number of existing local authority major road scheme commitments.
In previous years TSG was used for the capital maintenance of bridges and principal road carriageways. From 2000–01 onwards this will now be funded exclusively in the form of borrowing approvals, for which local authorities receive revenue support grant (RSG) each year to meet the cost of repayment. The total allocation within the 2000–01 settlement for capital bridge and carriageway maintenance is £301 million, representing a 24 per cent. increase over 1999–2000.