HC Deb 12 June 1997 vol 295 cc518-9W
Mr. Mackinlay

To ask the Secretary of State for the Environment, Transport and the Regions what is the current level of set-aside capital receipts derived from the sale of council houses for each local authority in Essex. [3010]

Mr. Raynsford

The amounts of housing capital receipts which were set aside by each local authority in Essex between 1990–91 and 1995–96 are set out in the table. However, individual authorities may have used these set-aside receipts to repay debt or in lieu of further borrowing, and so may no longer retain them in the form of cash and investments.

Receipts setaside from sales of Housing Revenue Account assets 1990–91 to 1995–96 £000s
Basildon 10,465
Braintree 13,072
Brentwood 5,404
Castle Point 2,588
Chelmsford 13,172
Colchester 11,629
Epping Forest 14,694
Harlow 27,644
Maldon 15,346
Rochford 2,295
Southend-on-Sea 7,330
Tendring 4,588
Thurrock 17,017
Uttlesford 6,931

Note:

Source of data: HRA subsidy claim forms.

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.