§ Mr. Barry FieldTo ask the Secretary of State for the Environment what was the total expenditure and loan sanction by his Department on the Isle of Wight in 1994–95 broken down by category. [16771]
§ Sir Paul BeresfordThe table sets out (i) expenditure by my Department on grants to local authorities; and (ii) credit approvals and borrowing approvals issued to local authorities and local councils on the Isle of Wight in 1994–95.
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£ million Isle of Wight County Council Medina South Wight (i) Grants1 Revenue Support Grant (RSG) 36.160 3.398 2.648 Council Tax Transitional Reduction Grant2 — 0.096 0.102 Housing Specified Capital Grant (SCG) — 0.541 04.03 Bellwin scheme — — 0.042 Totals 36.160 4.035 3.195
£ million Isle of Wight County Council Medina South Wight (ii) Credit Approvals and borrowing approvals Basic Credit Approvals (BCA) 4.528 0.583 0.322 Supplementary Credit Approval (SCA) 1.517 30.541 30.403 Reorganisation (SCA) 1.744 0.277 0.166 Parish borrowing approval4 — — 0.025 Totals 7.789 1.401 0.916 Overall total 43.949 5.436 4.111 1 Does not include business rate income. 2 Paid in 1994–95, adjusted downwards to reflect actual spend in 1995–96. 3 Supplementary Credit Approval (SCA) cover for Specified Capital Grant (SCG) 4 Borrowing approval issued to Shanklin and Sandown town councils, whose areas were within that of South Wight borough council.