§ David WrightTo ask the Secretary of State for Transport, Local Government and the Regions what the total annual budget is for English Partnerships' investment activity; and what proportion is allocated in(a) Telford and (b) the west midlands in the current financial year. [26748]
§ Ms KeebleIn line with all my Department's non-departmental public bodies, English Partnerships is controlled by net expenditure limits in accordance with the principles of resource accounting and budgeting. These are divided into separate limits for the Commission for the New Towns and Urban Regeneration Agency to reflect EP's twin statutory base. In 2001–02, the net Capital Expenditure Limit for the URA is £112.6 million and that for the CNT is —£80.5 million.
However, in cash terms, EP's total budgeted capital expenditure in 2001–02 is £203 million. Of that, £4.3 million (2 per cent.) is allocated to Telford and £16 million (8 per cent.) to the wider west midlands.