HC Deb 18 April 1995 vol 258 cc29-30W
Mr. Nigel Evans

To ask the Secretary of State for the Environment what is the most recent information on the current reserves held by Lancashire county council; and what the figures were 12 and 24 months previously. [19053]

Mr. Robert B. Jones

The available information is as follows.

The latest available estimates of the level of reserves as at 1 April 1992 to 1 April 1994 follow. These are split, where possible, into schools' reserves and other—non-local management of schools non—LMS reserves include funds, which may be substantial, held for specified purposes which may not be available to the council for general use—funds to finance capital projects to which the authority is committed; and insurance funds where the authority is bearing its own insurance risks.

These estimates are subject to amendment as authorities finalise their accounts. Compatible data on the use of balances in 1994–95 which would be needed to derive an estimate of the level of reserves at 1 April 1995 are not yet available.

1 April 19921 £000 1 April 19932 £000 1 April 19943 £000
LMS n/a 31,043 32,976
Non-LMS n/a 38,322 39,138
Total 26,241 69,365 72,114

Source:

1 Level of reserves, outturn at 1–4–92—RS returns for 1993–93

2 Level of reserves, outturn at 1–4–93—RS returns for 1993–94

3 Level of reserves, outturn at 1–4–93 +/- appropriations to/withdrawals from reserves 1993–94—RS returns for 1993–94.