§ Mr. DrewTo ask the Secretary of State for the Environment, Transport and the Regions in what ways the region-by-region allocation of the Department's funds for economic and physical regeneration initiatives is influenced by the availability of previously developed land and buildings. [156197]
§ Ms ArmstrongA formula was used to allocate 80 per cent. of the Land and Property Programme for 2001–02 to the Regional Development Agencies. The allocation criteria was designed to reflect the economic, social and physical needs within each region, and the anticipated level of support from local business to build upon public sector investment. Seven equally weighed indicators were used in the formula:
- GDP per capita;
- Those not in employment;
- The number of people living in the most deprived local authority districts;
- The amount of derelict land;
828W
North Cornwall District Council £ million Nature of funding 1997–98 1998–99 1999–2000 2000–01 72001–02 Revenue Support Grant1 3.435 3.162 3.262 3.231 3.544 Income from National Non-Domestic Rates1 2.468 2.524 2.738 3.072 3.040 SSA Reduction Grant (SSA Review) 0 0.040 0 0 0 Housing Investment Programme 21.024 0.944 1.018 32.300 43.018 Housing Revenue Account Subsidy 1.908 1.665 1.435 81.295 —
- The amount of previously developed land as a proportion of all urban land;
- The number of housing transactions; and
- The level of VAT registrations and survival rates of business.