§ Mr. BaileyTo ask the Secretary of State for the Environment, Transport and the Regions if he will set out, with statistical information relating as directly as possible to the borough, the effects of his Department's policies and actions on the metropolitan borough of Sandwell since 2 May 1997. [1563791
§ Ms ArmstrongThe principal funding that this Department has provided to Sandwell since 2 May 1997 is shown in the table. These include grants and borrowing approvals for revenue and capital expenditure.
SRB
There are currently five SRB schemes in Sandwell:
a merged SRB Rounds 1, 2 and 3 scheme which covers the entire borough, with broad based regeneration objectives, which commenced in 1995a Round 4 scheme which is targeted at Smethwick, which commenced in 1998a Round 6 scheme, Sandwell Learning Plus, which aims to promote lifelong learning in Sandwell and which also covers the entire borough, and Which commenced in 2000.
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SRB funding targeted at Sandwell under these schemes over the period April 1997 to March 2001 £ million Sandwell SRB Rounds 1, 2 and 3 28.885 Smethwick SRB Round 4 3.750 Sandwell Learning Plus SRB Round 6 0.350 Total 32.985
£ million Nature of funding 1997–98 1998–99 1999–2000 2000–01 2001–021 Capital Receipts Initiative 1.89 6.54 6.63 — — Cash Incentive Scheme 0.3 0.26 — — — Major Repair Allowance — — — — 19.77 SRB funding (see previous) — — — — — New Deal for Communities funding — — 0.4 2.5 5.2 Neighbourhood Renewal Funding — — — — 4.03 ERDF funding (Obj 2) 1.99 3.19 2.56 4.10 1.97 Transport Supplementary Grant 1.82 1.15 0.95 — 0.45 Transport Annual Capital Guideline 1.82 1.15 0.95 1.43 1.20 Transport Block Supplementary Credit Approval 1.34 1.33 1.57 6.54 9.46 Rural Bus Challenge Grant4 — — — 0.42 n/k Rural Bus Subsidy Grant5 — .08 .07 .08 0.11 Capital Challenge (Supplementary Credit a and Basic Credit Approvals) 0.95 3.37 4.72 — — Notes 1 Where known Revenue Support Grant: 2The amounts of Revenue Support Grant and Income from the National Non-Domestic Rates shown for 1997–98 and 1998–99 are the revised amounts allocated under "The Local Government Finance Report (England) 1997–98 Amending Report 1999" and "The Local Government Finance Report (England) 1998–99 Report 2000" respectively. Housing: The Housing subsidy figure for 2000–01 is still provisional. The reduction in HIP resources for 2001–02 is due to the introduction of the new Major Repair Allowance i.e. a new way of allocating resources for works to Council stock; the table shows Sandwell's indicative figure for 2001–02. We have no data for Loan Charges Defective Housing. 3PSRG = Private Sector Renewal Grant Resources (programme ended in 1999–2000) ERDF: Future budgets are allocated on a competitive basis and we cannot predict how much will be drawn into the area at this time from the new programmes. (Note the figures quoted for 1001 are from old programme projects spending in the final year.) Transport: 4Rural Bus Challenge figures represent awards—actual spend profiles for the schemes awarded funding may cover more than one year. 5Rural grants paid to West Midlands PTA/E 6Not available