Explanatory Memorandum from the Department
of the Environment, Transport and the Regions (EST 98A)
PART II—COMMENTARY ON THE SUPPLY ESTIMATES
| Section P—Other private housing renewal
|
|
| £000 |
|
| Final net provision 1996-97 | 241,322
|
| Provision sought 1998-99 | 171,282
|
| Change | -70,040 |
| Change (Per cent) | -29 Per cent
|
| |
| Final net provision 1997-98 | 196,269
|
| Provision sought 1998-99 | 171,282
|
| Change | -24,987 |
| Change (Per cent) | -13 Per cent
|
|
Annual Report 1998—Chapter 3, paragraphs 3.15-3.17; figure
3b
Local authorities were given greater discretion in the use
of private sector renewal grants and, in particular, mandatory
renovation grants were replaced by discretionary grants. As a
result it was possible to reduce provision from the 1996-97 level
to 1998-99. Local authorities are also able to use credit approvals
issued as part of the Capital Receipts Initiative for private
sector renewal purposes.
Section Q—Other housing
|
| £000 |
|
| Final net provision 1997-98 | 98,822
|
| Provision sought 1998-99 | 70,270
|
| Change | -28,552 |
| Change (Per cent) | -29 Per cent
|
|
Annual Report 1998—Chapter 3, paragraphs 3.28-3.29 and
3.36; figure 3b
The reduction largely reflects the anticipated need for a
greater proportion of ERCF spending to be on post-transfer dowries
to registered social landlords rather than pre-transfer expenditure
by local authorities.
| Section R—Single Regeneration Budget
|
|
| £000 |
|
| Final net provision 1996-97 | 725,480
|
| Provision sought 1998-99 | 575,141
|
| Change | -150,339 |
| Change (Per cent) | -21 Per cent
|
| |
| Final net provision 1997-98 | 714,918
|
| Provision sought 1998-99 | 575,141
|
| Change | -139,777 |
| Change (Per cent) | -20 Per cent
|
|
Annual Report 1998—Chapter 5, paragraphs 5.6-5.18; Figures
5a-5d and 5f
The main reason for reduced provision from 1996-97 and 1997-98
to 1998-99 is the reduction in pre SRB commitments by the SRB.
Most City Challenge schemes were completed by March 1998.
Annual Report 1998—Chapter 5, paragraphs 5.28-5.34, Figures
5k-5o
Additional provision due to unanticipated problems in the
timing of receipts from the EC proved necessary in 1996-97 at
the Spring Supplementary stage. This resulted in an increase in
provision in 1996-97 of £4.818 million. However, for 1998-99
there has been a transfer in provision from the Transport Industries
Vote to an increase in the number of projects where it is known
that EC receipts will not be received or they will only be received
after expenditure is required.
| Section V—Housing Corporation
|
|
| £000 |
|
| Final net provision 1996-97 | 388,000
|
| Provision sought 1998-99 | 500,000
|
| Change | +112,000 |
| Change (Per cent) | +29 Per cent
|
|
| |
Annual Report 1998—Chapter 3, paragraph 3.23
The increase reflects the anticipated increase in use of
Local Authority Social Housing Grant (LASHG) by local authorities,
funded by the Capital Receipts Initiative. Section V provision
in 1997-98 was higher than in 1996-97 as it included £93
million as part of the cost of repaying the National Loans Fund
following the sale of the Housing Corporation loans portfolio.
Annual Report 1998—Chapter 3, paragraph 3.11; table A11
The capital work by local authorities funded by the Capital
Receipts Initiative (CRI) has lead to increases in some current
spending, including HRAS. This new Vote Section records that as
part of the overall CRI expenditure.
|
