Hints from the Health Department. Leaflet from the archive of the Society of Medical Officers of Health. Credit: Wellcome Collection, London
[Report of the Medical Officer of Health for London County Council]
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The accounts show the broad division between Schemes assisted by Government
subsidy and the earlier “Non-Assisted Schemes.” The accounts are arranged
as follows—
A.—Non-Assisted Schemes—
1. Clearance Schemes.
2. Working-class dwellings.
B.—Assisted Scheme—
1. Clearance Schemes.
2. Working-class dwellings.
3. Housing Schemes of metropolitan borough councils.
4. Local Bonds (for housing).
The financial results of the whole operations in connection with housing, including clearance schemes, for the year ended 31st March, 1923, may be very shortly summarised as follows, the results for the previous year being also given for comparison.
Non-Assisted Schemes— Dwellings— | 1922-23 Surplus (+) Deficiency (—) £ | 1921-22 Surplus (+) Deficiency (—) £ |
---|---|---|
Housing Act | + 27,760 | + 13,641 |
Improvement Acts | + 9,016 | + 3,363 |
+ 36,776 | + 17,004 | |
Clearance schemes | — 48,188 | — 61,414 |
Dwellings in occupation | —199,548 | — 33,535 |
Estates in course of development | —202,808 | —280,192 |
—402,356 | —313,727 | |
Metropolitan borough council's schemes | —240,914 | —208,489 |
Local Bonds (expenses of issue, management, etc.) | — 42,488 | — 28,949 |
Clearance schemes | — 1,562 | — 692 |
Total deficiency on Assisted schemes | —687,320 | —551,857 |
Government subsidy | 511,236 | 378,661 |
Charge on rate | 176,084 | 173,196 |
687,320 | 551,857 |
A.—Non-Assisted Schemes.
This section comprises the accounts of schemes carried out by the Council prior
to the enactment of the Housing, Town Planning, etc., Act, 1919.
Clearance Schemes.—The aggregate net capital expenditure to 31st March,
1923, amounted to £2,742,457 -s. l0d. The net debt outstanding on the same date
was £975,600 12s. 1d.
The Revenue Account shows a deficiency of £48,188 9s. 4d., attributable mainly
to debt charges on the cost of acquisition and clearance works.
Working-class dwellings.—The aggregate net capital expenditure to 31st March,
1923, amounted to £2,995,575 5s. 7d. (Housing Act, £2,252,002 14s. 4d.; Improvement
Acts, £743,572 11s. 3d.); the net debt outstanding on the same date after
taking into account the accumulated sinking fund was £2,539,666 14s. 3d.