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 1924
[Report of the Medical Officer of Health for London County Council]
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This is met or disposed of in the following manner—
| Exchequer subsidy. | Transfers to or from Rate, etc. Accounts. | (a) Carried forward or (b) disposed of by internal transfers. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Special Country Account. | General Country Account. | Other Accounts. | |||||||||||||
| £ | s | d | £ | s | d | £ | s | d | £ | s | d | £ | s | d | |
| Non-assisted schemes- | |||||||||||||||
| Clearance (deficiency, £42,227 9s. 3d.) | - | 42,227 | 9 | 3 | - | - | - | ||||||||
| Dwellings (surplus,£64,734 13s. 8d.).. | - | - | 14,961 | 13 | 8 | 92 | 3 | - | (a)31,239 | 13 | 10 | ||||
| (b)18,441 | 3 | 2 | |||||||||||||
| Assisted (1919) scheme (deficiency, £682,460 1s. 5d.) | 504,686 | 2 | 7 | 177,773 | 18 | 10 | — | — | — | ||||||
| (a)31,239 | 13 | 10 | |||||||||||||
| Assisted (1923) scheme (deficiency, £28,364 4s. 5d.) | 5,962 | 15 | 11 | 2,878 | 16 | 10 | 895 | 19 | 4 | — | (b)18,441 | 3 | 2 | ||
| Assisted (1924) scheme (deficiency, £15,497 15s. 8d.) | 238 | 10 | — | — | 15,259 | 5 | 8 | — | — | ||||||
| 510,887 | 8 | 6 | 222,880 | 4 | 11 | 1,193 | 11 | 4 | 92 | 3 | — | 31,054 | 4 | 8 | |
| £703,814 | 17 | 1 | |||||||||||||
*£102 1s. 9d. transferred to Tramways Account- and £9 18s. 9d. contributed by Education Account.
The total charge for the year on the rate and other accounts concerned is thus
£223,981 13s. 3d. The figure is, however, subject to the reservation that there is
some doubt whether the loan periods adopted in calculating the debt charges on the
1923 and 1924 schemes may not have to be amended. The matter is under discussion
with the Ministry of Health, and some adjustment may be necessary in the accounts
of subsequent years.
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 from the revenue account of the non-assisted schemes to
the fund 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 1927. Meanwhile, representations
have been made to the Minister as to the inadequacy of the allowance.
Capital Expenditure and Debt. The total capital expenditure in respect of housing up to 31st March, 1925, amounts to £17,163,582 1s. 8d., as follows—
| Non-assisted schemes. | Assisted (1919) scheme. | Assisted (1923) schemes. | Assisted (1924) schemes. | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | s. | d. | £ | s. | d. | £ | s. | d. | £ | s. | d. | |
| Clearance schemes | 2,734,733 | 13 | 11 | 36,253 | 11 | 1 | 846 | 3 | 3 | - | ||
| Erection of dwellings | 3,030,824 | 3 | 4 | 9,744,922 | 16 | 4 | 851,560 | 12 | 1 | 432,941 | 1 | 8 |
| Grants and advances to private enterprise | — | — | 331,500 | - | - | — | ||||||
| 5,765,557 | 17 | 3 | 9,781,176 | 7 | 5 | 1,183,906 | 15 | 4 | 432,941 | 1 | 8 | |
| Net debt outstanding | 3,334,638 | 11 | 1 | 10,803,614 (a) | 13 | 8 | 1,169,960 | 11 | 4 | 432,747 | 11 | - |
(a) Including £1,251,369 10s. 11d. 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.
11908 I