HC Deb 17 December 2003 vol 415 c950W
Jon Trickett

To ask the Deputy Prime Minister how much was generated in capital receipts by council house sales for Wakefield Metropolitan District Council in each financial year since 1997; how much of this finance was available to the council to spend in each year; how much was spent on(a) council housing and (b) items unrelated to council housing by the council in each year; and how much remains unspent. [144128]

Keith Hill

The amount of capital receipts received by Wakefield MDC for sales of its council houses since 1997 is tabled as follows:

Capital receipts (council house sales)
£000
1997–98 7,437
1998–99 7,033
1999–2000 10,923
2000–01 1
2001–02 15,525
2002–03 23,948
1 This information was not collected on the Housing Investment Programme return for 2000–01. However, the ODPMs' P1A return collects similar information on housing capital expenditure and receipts. In this return. Wakefield reported that £11,248 (thousand) was the amount of capital receipts received from council house sales in 2000–01.
Sources:
ODPM's Housing Investment Programme returns.

Under capital finance regulations, 25 per cent. of net capital receipts arising from council house sales (excluding the value of any related local authority mortgages) are classified as usable. Information on how much of this amount was spent on council housing, items unrelated to council housing, and the amount unspent is not collected centrally, and could be provided only at disproportionate cost.

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