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Article 3(2)
The estimated net expenditure of an appropriate local authority shall be the amount arrived at by addition of the amounts specified in items 1 to 5 below less the amounts specified in items 6 and 7 below.
1. Estimated loan charges due to be debited to the appropriate local authority’s housing revenue account for the year 1994-95 under paragraph 3(a) of Schedule 15 to the Housing (Scotland) Act 1987 other than loan charges in respect of hostels and lodging houses.
2. For supervision and management—
(a)£165.48 multiplied by the number of houses of the authority; and
(b)for authorities with stocks of houses not exceeding 9,000 a supplementary amount of—
(i)£66.19 in the case of an authority with not more than 3,000 houses;
(ii)£33.10 in the case of an authority with more than 3,000 but not more than 6,000 houses; or
(iii)£16.55 in the case of an authority with more than 6,000 but not more than 9,000 houses,
multiplied in each case by the number of houses of the authority.
3. For repairs and maintenance—
(a)£475.72 multiplied by the number of houses of the authority; and
(b)supplementary amounts of—
(i)£737.37 multiplied by the number of houses of the authority contained in blocks of flats which are 15 or more storeys; and
(ii)£333.00 multiplied by the number of houses of the authority contained in blocks of flats which are between 5 and 14 storeys, with lifts.
4. Estimated rents lost because of unlet houses.
5. Estimated other miscellaneous expenditure which may properly be included in the authority’s housing revenue account.
6. £1812.91 multiplied by the number of the authority’s houses other than houses leased by the authority for periods of 5 years or less.
7. Estimated other miscellaneous income which may properly be included in the authority’s housing revenue account.
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