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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 7 below less the amounts specified in items 8 and 9 below.
1. Estimated loan charges due to be debited to the authority’s housing revenue account for the year 1990-91 under paragraph 3(a) of Schedule 15 to the 1987 Act (other than loan charges in respect of hostels and lodging houses).
2. £92.909089 multiplied by the number of houses of the authority.
3.—(a) £37.163637 in the case of an authority with not more than 3,000 houses, or
(b)£18.581818 in the case of an authority with more than 3,000 but not more than 6,000 houses, or
(c)£9.290909 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.
4. £279.231672 multiplied by the number of houses of the authority.
5. £432.809092 multiplied by the number of high-rise houses of the authority contained in blocks of flats which are of fifteen or more storeys.
6. £195.462170 multiplied by the number of high-rise houses of the authority contained in blocks of flats which are of more than four but not more than fourteen storeys, with lifts.
7. Estimated other miscellaneous expenditure which may properly be included in the authority’s housing revenue account.
8. £1,107.73 multiplied by the number of houses of the authority excluding certain houses leased by the authority for short term occupation without, or with nominal, rental income.
9. Estimated other miscellaneous income which may properly be included in the authority’s housing revenue account, excluding a general fund contribution which for the year 1990-91 has been estimated at nil.
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