Social Fund

Work and Pensions written question – answered on 7 June 2011.

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Photo of Cathy Jamieson Cathy Jamieson Labour, Kilmarnock and Loudoun

To ask the Secretary of State for Work and Pensions what funding his Department provided to social fund (a) budgeting loans, (b) crisis loans and (c) community grants in each of the last five years.

Photo of Steve Webb Steve Webb The Minister of State, Department for Work and Pensions

HM Treasury allocates funding for the Social Fund. Over the past five years the discretionary fund (which comprises budgeting loans, community care grants and crisis loans) has been allocated new annually managed expenditure funding as follows:

HM Treasury allocated money
£ million
Annually managed expenditure Additional annual managed expenditure for loans Total annual managed expenditure for loans
2010-11 178.2 141.5 319.70
2009-10 178.2 121.9 300.10
2008-09 178.2 40 218.20
2007-08 178.2 50 228.20
2006-07 178.2 120 298.20
Allocation between elements of the discretionary social fund
£ million
Amount allocated to CCGs Amount allocated to Contingency reserve Amount allocated to loans
2010-11 141 1 177.7
2009-10 141 1 158.1
2008-09 141 1 76.2
2007-08 141 1 86.2
2006-07 141 1 156.2
Note: Additional money was given in 2010-11 and 2009-10 to accommodate increased applications during the recession. Additional money was given in 2008-09, 2007-08 and 2006-07 to accommodate changes to the scheme in 2006-07. This information is taken from previous Social Fund annual reports. Remaining loans are funded through recoveries of existing loans within each year.

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