London's Pulse: Medical Officer of Health reports 1848-1972

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London County Council 1924

[Report of the Medical Officer of Health for London County Council]

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conditions as to subsidy prescribed in the (Chamberlain) Act, i.e., at the rate of not
exceeding £6 a house annually for 20 years, and (c) assistance given by the Council
to metropolitan borough councils in the form of grant, and to private enterprise either
by grant or in the form of loans and guarantees under section 5 of the Act. The
annual subsidy of not exceeding £6 a house is also receivable in aid of the Council's
expenditure on grants to private enterprise.

The net deficiency under all heads tor the year 1924-25 was £28, 364 4s. 5d., as follows—

1924-25.1923-24.
Schemes undertaken by the Council—£s.d.£s.d.
Clearance and rehousing (Parts I and II)5,425682,40969
Dwellings (Part III)20,454323,6551011
Schemes of metropolitan borough councils—
Contributions by the Council270---
Schemes undertaken by private enterprise—
Debt charges on capital grants, and sundry expenses2,02955916127
Advances under section 5 of the Aet-
Expenses (net)1859212684
Total deficiency28,364457,107187
The deficiency for 1924-25 is provided for as follows—
Exchequer subsidy5,9621511
Deficiency carried forward (advances under section 5 of the Act)18592
Balance falling on the Council-£s.d.
Dwellings (Part III) and contributions towards deficiencies of metropolitan borough councils—
Met out of reserved surplus on non-assisted dwellings18,44132
Chargeable to 6pecial county rate account2,8781610
Chargeable to general county rate account895194
22,215194
28,36445

D.—Assisted Scheme—Housing, etc., Act, 1924.
The operations under this (Wheatley) scheme cover Part III housing only, the
State subsidy being at the rate of £9 a house annually for 40 years, subject to compliance
with " special conditions " as to the letting of the houses.
At 31st March, 1925, the capital expenditure thereon related almost entirely
to estates in course of development, only a few houses being ready for occupation
by the end of the year.
The net deficiency for 1924-25 was £15,497 15s. 8d., towards which the subsidy
due from the State was £238 10s., the balance (£15,259 5s. 8d.) being charged on
general county account. As the completed houses increase in number, the State
will bear a correspondingly larger share of the deficiency.

Net Deficiency, 1924-25—How Met. The financial results for the year under the several sections are as follows—

£s.d.
Total expenditure1,782,786196
Total income1,078,97225
Net deficiency703,814171