HC Deb 12 December 1994 vol 251 cc515-6W
Mr. Sweeney

To ask the Secretary of State for Wales what changes he proposes to make to the cash limits for class XV, vote 2 and to the local authority capital cash limit for his Department for the current financial year.

Mr. Redwood

The cash limit on class XV, vote 2 will be reduced by £6,750,000 from £160,331,000 to £153,581,000. The local authority capital limit tWO/LACAP—will be increased by £6,750,000 from £476,465,000 to £483,215,000.

The reduction in the cash limit for vote 2 results from a forecast underspend on urban regeneration schemes and lower than forecast costs for land reclamation projects on account of reduced inflation and competitive pricing.

The increase in WO/LACAP provides for expenditure on information technology for local government reorganisation.

Neither of the proposed changes will add to the planned total of public expenditure.

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