§ 53. Mr. Shersbyasked the Secretary of State for the Environment if he is satisfied with the efficiency of the current method of distributing rate support grant and controlling capital expenditure.
§ Mrs. RumboldI am generally content that the block grant system meets its present objectives. However, there 265W is room for improvement in the overall arrangements for financing local government, and I am now looking at all the aspects of this.
I have repeatedly acknowledged that the present capital control system is not working as it should. The system is currently under review in consultation with the local authority associations.
I hope to publish our preferred options for the future of the local government finance system, including capital controls, at the turn of the year.