Supplementary Memorandum by English Partnerships
(PGS 13(a))
Thank you for your letter of 22 May. I detail
below in tabular form the estimated cost of achieving sustainable
growth in Milton Keynes.
| £m |
|
| Strategic Infrastructure | 1281
| |
| Local infrastructure | 391 |
|
Total requirement | 1672
| |
Ml Junction 13- Highways Agency
| 553 | Committed |
| Ml Junction 14 and other works — |
80 | Uncommitted |
| Highways Agency | |
|
| Local Transport Plan | 272 |
Local Authority Schemes |
| Health (PCT) | 93 | Assumed Allocations
|
| From Government Funding | 998
| |
| Required from Local Resources | 674
| |
| S106 contributions to Milton Keynes Council (MKC)
| 316 | On existing allocated land in Milton Keynes
|
| 358 | |
| Milton Keynes Tariff | 311 |
|
| From MKC Capital programme or other Government funding
| 47 | To be identified. |
As the table shows, the Milton Keynes Tariff is estimated
to raise £311m and Milton Keynes Council will need to find
£47m from its capital programme over the period to 2016.
I should just make clear that all figures are quoted at today's
prices and will vary over time including the Milton Keynes Tariff
which is subject to indexation.
Should your require any further information or clarification,
please do not hesitate to contact me.
| 
