§ Mr. David NicholsonTo ask the Secretary of State for the Environment if he will list in theOfficial Report his estimates for the amount of income from borrowing obtained by local government and the proportion these figures represent of total local government spending in England for each year since 1982.
§ Mr. ChopeThe available information is as follows:
157W
1982–83 1983–84 1984–85 1985–86 1986–87 1987–88 1988–89 (1) as a percentage of (2) 0.9 18.3 38.4 38.5 32.7 36.4 — (1) as a percentage of (3) 0.1 2.8 5.8 5.1 4.1 4.7 — Notes:
1. Local authority external borrowing net of repayments but gross of investments (such as deposits with the financial sector). Includes temporary and longer term borrowing. Excludes intra- and inter-authority loans.
2. Gross of capital receipts.
3. Gross of sales, fees and charges, capital receipts and Government grants. Excludes double counting of flows between service accounts and other local authorities. Excludes the notional value of capital assets acquired by leasing.
n/a: not available.
Source: Local Government Financial Statistics England. The 1989 issue, generally covering the period up to 1987–88, is due to be published towards the beginning of December.