§ Mr. HealeyTo ask the Secretary of State for the Environment, Transport and the Regions what estimate he has made for each metropolitan borough of the money available from(a) housing capital receipts and (b) other capital receipts to finance a housing programme. [1506]
§ Mr. RaynsfordLocal authorities have usable capital receipts which are available for any capital purpose (including housing). The accumulated and unspent usable capital receipts held by each metropolitan borough as at 31 March 1996 are set out in the table below. The table also shows the total of housing receipts set aside by these authorities between 1990–91 and 1995–96. However, individual authorities may have used these set aside receipts to repay debt or in lieu of further borrowing, however, and so may no longer retain them in the form of cash and investments.
We will be consulting the Local Government Association and local authorities on the Government's Capital Receipts initiative in due course. No decision about the basis on which resources are to be distributed to individual authorities will be made until that consultation process is complete.
47W
Accumulated usable receipts received but not spent at 31 March 1996 £000s Set aside receipts from sales of Housing Revenue Account assets 1990–91 to 1995–96 £000s Barnsley 0 17,536 Birmingham 0 101,704 Bolton 45 13,251 Bradford 0 23,953 Bury 41 7,950 Calderdale 0 6,139 Coventry 0 12,605 Doncaster 0 20,330 Dudley 0 27,154 Gateshead 39 22,738 Kirklees 0 26,962 Knowsley 7,359 16,723 Leeds 0 66,003 Liverpool 4,104 17,879 Manchester 5,066 63,005 Newcastle upon Tyne 0 22,727 North Tyneside 1,932 19,562 Oldham 0 12,460 Rochdale 2,347 14,488 Rotherham 1,046 20,743 Salford 223 20,124 Sandwell 0 39,222 Sefton 6,043 12,532 Sheffield 0 46,500 Solihull 0 11,364 South Tyneside 0 20,378 St. Helens 13 10,699 Stockport 0 10,728 Sunderland 1,656 43,073
Accumulated usable receipts received but not spent at 31 March 1996 £000s Set aside receipts from sales of Housing Revenue Account assets 1990–91 to 1995–96 £000s Tameside 0 12,049 Trafford 3,587 10,256 Wakefield 118 26,659 Walsall 0 32,298 Wigan 55 22,082 Wirral 86 14,089 Wolverhampton 159 32,058 Sources:
1995–96 Capital Outturn Returns.
HRA subsidy claim forms.