London's Pulse: Medical Officer of Health reports 1848-1972
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Hints from the Health Department. Leaflet from the archive of the Society of Medical Officers of Health. Credit: Wellcome Collection, London
London County Council 1923
[Report of the Medical Officer of Health for London County Council]
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| Exchequer subsidy— | £ | s. | d. | £ | 8. | d. | |||
|---|---|---|---|---|---|---|---|---|---|
| Assisted scheme, Act of 1919 | 533,597 | 10 | 11 | ||||||
| Assisted scheme, Act of 1923 | 1,204 | 13 | |||||||
| 534,802 | 4 | 4 | |||||||
| Special County Rate Account— | |||||||||
| Non-assisted (pre-war) clearance schemes | 46,687 | 8 | 7 | ||||||
| Assisted scheme, Act of 1919 | 167,813 | 19 | 11 | ||||||
| Assisted scheme, Act of 1923 .. | 2,247 | 3 | |||||||
| 216,749 | 2 | 9 | |||||||
| 751,551 | 7 | ||||||||
| s. | d. | ||||||||
| Carried to General County Account | 13,475 | 12 | 8 | ||||||
| Carried to Tramways Account | 29 | 18 | 6 | ||||||
| Reserved to meet deficiencies on operations under Act of 1923 | 38,884 | 17 | 9 | ||||||
| .Deduct—Amount applied to meet deficiency in 1923-24 | 3,655 | 10 | 11 | ||||||
| 35,229 | 6 | 10 | |||||||
| - 48,734 | 18 | - | |||||||
| 702,816 | 9 | ||||||||
The net amount actually charged on rate accounts for the year is thus £216,749
2s. 9d. less £13,475 12s. 8d., or £203,273 10s. 1d.
Repairs and Renewals Funds.
The purpose of these funds is to equalise the annual charges for repairs and
to provide a surplus in the early years to meet the cost of the more extensive works
which may be anticipated in subsequent years.
The annual transfers to the fund from the revenue account of the non-assisted
schemes are based on definite estimates of the dates and intervals at which particular
kinds of repairs and renewals will fall to be undertaken. As regards dwellings
erected under the Assisted (1919) Scheme, the charge to the revenue account has
been limited by the Minister of Health to an amount equal to 15 per cent, on the
rental. The regulation on the point is due for review in 1925. Meanwhile, representations
have been made to the Minister as to the inadequacy of the allowance.
| Non-assisted schemes. | Assisted (1919) schemes. | Assisted (1923) schemes. | |||||||
|---|---|---|---|---|---|---|---|---|---|
| s. | d. | s. | d. | s. | d. | ||||
| Clearance schemes | 2,734,733 | 13 | 11 | 12,464 | 9 | 640 | 12 | 10 | |
| Erection of dwellings | 3,031,138 | 9,543,432 | 15 | 165,211 | 9 | 3 | |||
| Grants to builders and others, and loans under Section 5 of the Act of 1923 | — | — | 11,945 | _ | |||||
| 5,765,872 | - | 5 | 9,555,897 | 4 | 5 | 177,797 | 1 | ||
| Net debt outstanding | 3,432,235 | (a)10,701,538 | 1 | 4 | 177,729 | - | |||
(a) Including £1,316,290 11s. 8d. balance outstanding of deferred charges (expenses of
issue, including discount) in respect of Local Bonds for Housing and London County Stocks
and Bonds.
With the exception of the Non-Assisted Clearance Schemes, the debt in respect
of which is provided for on the instalment system, provision for redemption is made
on the cumulative annuity system. This system has always been followed for
the Council's dwellings, and it is the one prescribed for subsidy purposes (Assisted
Schemes) by the Ministry of Health.