Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Communities and Local Government, pursuant to the Answer of 10 June 2015 to Question 1256, how much of the £230 million savings came from (a) receipts from public land, (b) reducing contingencies in capital budgets and (c) the European Regional Development Programme; and from which budgets and programmes contingency savings were made in (i) capital budgets and (ii) the European Regional Development Programme.
As part of the Main Estimates process the Department (and other Government Departments) will shortly be publishing a full breakdown of its 2015/16 budgets, with an accompanying Explanatory Memorandum to be submitted to the CLG Select Committee.
The £230 million savings are broken down as follows:
- £75 million of resource contingency reductions (including contingency on the European Regional Development Programme);
- £100 million from the over achievement of capital receipts from the sale of public land to support housing development; and
- £55 million of capital contingency reductions.
The savings do not impact materially on any existing commitments or delivery targets.