Question reference: S1W-00449
- Asked by: Kenneth Gibson, MSP for Glasgow, Scottish National Party
- Date lodged: 7 July 1999
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Current status: Answered by Wendy Alexander on 21 July 1999
Question
To ask the Scottish Executive what is the total amount in cash terms of capital receipts from housing assets set aside to repay debt by Scottish local authorities for each financial year since 1997/98.
Answer
Housing capital receipts set aside by Scottish local authorities to redeem debt in 1997-98 totalled £172 million. Although final figures are not yet available, local authorities have estimated capital receipts set aside in 1998-99 to be £149 million.