§ Mr. Barronasked the Secretary of State for the Environment if he will publish for the year 1984–85 the notional housing revenue account deficits and surpluses for individual local authorities in England, as calculated for housing grant related expenditure account purposes.
§ Mr. WaldegraveYes. This information will be published in a few weeks' time in "The Technical Handbook of Grant Related Expenditure 1984–85". Copies will be placed in the Library of the House.
§ Mr. Barronasked the Secretary of State for the Environment if he will publish, with the assumptions involved, the notional national aggregate housing revenue account for English local authorities which forms the basis of the housing grant related expenditure account assessment for block grant purposes.
§ Mr. WaldegraveThe information is as follows. The national total of GRE for this service in 1984–85 is £266 million and includes the sum of £19.4 million for unrecharged general administration.
351W
Aggregate HRA for GRE purposes 1984–85 1984–85 £m Expenditure Rent rebate administration 15 Supervision and management 741 Repairs and maintenance 1,075 Interest charges 1,957
1984–85 £m Debt repayments 401 Capital met from revenue 101 Other expenditure 104 Additions to balances 0 Total expenditure 4,394 Income Gross rent income 3,556 Interest from sales: Advances 401 Capital receipts 83 Other rents and income 320 RFC—Rent rebate admin 15 Total income 4,375 HRA deficit 19 Exchequer subsidy 303 Net voluntary RFC -284 Sum of deficits +246.5 Sum of surpluses -530.5 Underlying assumptions Mid-year stock 4.496 m Number of Sales 162,000 Average sale price (net of discount) £12,660 Private financing ratio 40 per cent. Total HRA capital receipts (inc. sales of land) £1,205 m Total HRA capital expenditure £1,662 m Average pool rate 10 per cent. Increase in reckonable H and M 5 per cent.