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Article 3

SCHEDULE

1.  To determine the proportion of the housing support grants payable to Shetland Islands Council, the total of the amounts specified in items 7 and 8 is deducted from the total of the amounts specified in items 2 to 6.

Expenditure

2.  Estimated loan charges due to be debited to the local authority’s housing revenue account for the year 2008–2009 under paragraph 3(a) of Schedule 15 to the Housing (Scotland) Act 1987.

3.  For supervision and management–

(a)£274.13 multiplied by the number of houses of the local authority; and

(b)where the local authority has a stock of houses not exceeding 3,000 a supplementary amount of £109.65 per house.

4.  For repairs and maintenance, £764.69 multiplied by the number of houses of the local authority.

5.  Estimated rents lost because of unlet houses.

6.  Estimated other miscellaneous expenditure which may properly be included in the local authority’s housing revenue account.

Income

7.  Rental income of £2,767.04 multiplied by the number of houses of the local authority.

8.  Estimated income other than rental income which may properly be included in the local authority’s housing revenue account.

Interpretation

9.  In this Schedule–

(a)“the number of houses of the local authority” means the estimate of the number of houses to which the housing revenue account of Shetland Islands Council, at 31st March 2008, relates; and

(b)any reference to any type of expenditure, charge or income which is estimated is a reference to such an estimate made by the Scottish Ministers.