§ Mr. Gordon PrenticeTo ask the Secretary of State for the Environment what are the housing investment programme bids by Pendle district council to his Department and the HIP allocation for each year since 1982.
§ Mr. BaldryThe information requested is given in the table. The figures for 1990–91 and subsequent years are not directly comparable with those for earlier years because of the revisions to the capital finance system introduced in April 1990.
Housing investment programme (HIP) bids by Pendle district council and allocations and capital expenditure, 1982–83 to 1992–93 £ thousand HIP bids HIP allocations1 Housing capital expenditure Cash 1992–93 prices1 Cash 1992–93 prices2 Cash 1992–93 prices2 1982–83 6,014 10,447 5,163 8,969 5,173 8,986 1983–84 6,151 10,212 4,469 7,420 5,657 9,392 1984–85 8,115 12,823 3,815 6,028 6,324 9,993 1985–86 7,900 11,837 3,157 4,730 4,463 6,687 1986–87 7,206 10,460 2,980 4,326 3,777 5,483 1987–88 8,162 11,231 3,191 4,391 4,005 5,511 1988–89 11,375 14,590 3,196 4,099 5,169 6,630 1989–90 6,515 7,841 2,574 3,098 5,687 6,844 New capital finance system3 1990–91 6,888 7,677 3,203 3,570 3,962 4,416 1991–92 5,610 5,848 2,468 2,573 43,381 43,525 1992–93 6,005 6,005 3,420 3,420 54,220 54,220 Notes:
1 Allocations for the years up to and including 1989–90 are final allocations, i.e. the intial allocation plus any increases to the initial allocation made in-year. The allocations figures for 1990–91 and subsequent years are the HIP allocations—housing annual capital guidelines plus specified capital grants—issued prior to the start of the financial year. These figures do not include any supplementary credit approvals issued during the year.
2Cash figures have been converted to 1992–93 price levels by excluding the effect of general inflation as measured by the GDP market prices deflator.
3 From 1990–91, under the new capital finance system, the HIP allocation is an assessment of relative need for housing capital expenditure rather than a directly borrowing approval. Borrowing approval is now conveyed by the single, all service, basic credit approval.
4Provisional.
5Estimated.