§ Mr. Tony Banksasked the Secretary of State for the Environment if. pursuant to his answer to the hon. Member for Hyndburn (Mr. Hargreaves) of 7 May, Official Report, columns 146–62, he will set out the means by which the calculation of the additional amount of recycled grant was arrived at for (a) Newham, (b) Croydon, (c) Ealing, (d) Barnet and (e) Hillingdon.
§ Mrs. RumboldThe amount of recycled grant is the difference between the total of block grant payable under550W the settlement poundage schedule on the basis of latest estimates of local authority spending and the total available for block grant under the Rate Support Grant Report 1986–87. It is distributed to authorities through a reduction in the grant-related poundage (GRP) schedule.
Recycling £500 million block grant would reduce the national GRP by 8.12p and the GRP of the outer London boroughs by 6.36p. The underclaim of £628 million, estimated from local authority budgeted expenditures returned on BG/1986/87/12 forms, reduces the national GRP by 10.19p, and the GRP of the outer London boroughs by 7.97p.
To calculate an individual authority's entitlement to recycled grant, it is necessary to multiply the product of its rateable value and settlement multiplier by the reduction in the GRP for its class of authority. This applies to all authorities except those who are out of block grant and those in receipt of 100 per cent. grant. Hillingdon was in the former category at the settlement spending, assumption.