§ Dr. CunninghamTo ask the Secretary of State for Education and Science what were the original and final expenditure levels underlying the precept limit of the Inner London education authority, showing its original and final precept limit and budgeted expenditure in 1986–87, 1987–88 and 1988–89.
§ Mrs. RumboldThe information requested is as follows:
55W
Year Original expenditure level Final expenditure level Proposed precept limit Final precept limit Final budget estimate £ million £ million P P £ million 1986–87 902 915 76.5 77.25 3971 1987–88 915 1— 1— 79.73 31,025 1988–89 955 2970 80.56 4— 4— 1 Not applicable in 1987–88. The precept limit for that year was determined by the formula in the Local Government Finance Act 1987. 2 Expenditure level subject to a requirement under section 3(b) of the Rates Act concerning the use of £15 million. 3 Total budget to be financed from balances, reserves and precept, as published in ILEA's capital and revenue estimates 1986–87 and 1987–88. 4 Not yet determined.