City Facing Pounds 315m Black Hole

Summary


MAINTAINING Derby's 14,000 council houses to just a basic standard will leave the organisation which manages them with a Pounds 315m shortfall over the next 30 years.

The potential financial black hole has been uncovered in a survey of properties managed by Derby Homes on behalf of the city council.

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Extract


City Facing Pounds 315m Black Hole

Simply maintaining items like central heating and windows but doing little else would cost Pounds 829m during the next 30 year...

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