§ Mr. Neil Hamiltonasked the Secretary of State for the Environment what was the total of local authority capital expenditure, expressed in cost terms in each year since 1979, gross of sales of fixed assets.
§ Mr. WaldegraveTotal capital expenditure, gross of sales of fixed assets and including net lending (on a public expenditure survey basis) by English local authorities expressed in cost terms as an index (1978–79=100) (£3347 million) is as follows:
Year Index 1978–79 100 1979–80 110 1980–81 96 1981–82 81 1982–83 90 *1983–84 91 * Provisional For 1978–79 to 1982–83 the index is calculated from the figures published in table 2.18 of Cmnd. 9143-II with sales of fixed assets added back. For 1983–84 provisional estimates from local authorities are used. All figures are revalued using the GDP deflator.