Overview

The Supply and Appropriation (Anticipation and Adjustments) Bill is designed to authorize government spending and adjust previous financial year's accounts. It covers expenditure and revenue for the financial years 2010-11, 2011-12, 2012-13 and provides for a vote on account for 2013-14. The bill accounts for both overspending and underspending in previous years and makes necessary adjustments to the budget.

Description

This bill addresses several key areas:

• Vote on Account for 2013-14: Authorizes up to £237.56 billion in spending for the year ending March 31, 2014, broken down into current (£216.01 billion) and capital (£21.55 billion) purposes. The Treasury can issue and apply up to £209.61 billion from the Consolidated Fund for this expenditure.
• Supplementary Provision for 2012-13: Adjusts the 2012-13 budget, reducing total authorized spending by £5.37 billion. This includes increasing current spending authorisation by £974.94 million and decreasing capital spending authorisation by £6.35 billion. The Treasury's authorisation to issue money from the Consolidated Fund is also reduced by £2.23 billion.
• Excesses for 2011-12: Authorizes an additional £70.47 million to cover overspending in 2011-12, with £62.7 million for current and £7.765 million for capital purposes.
• Late Excesses for 2010-11 and 2009-10: Authorizes a nominal £1,000 for late adjustments to both 2010-11 and 2009-10 budgets.
• Schedules: Detailed schedules (1-4) provide specific adjustments to the Main Estimates Acts of 2011 and 2012 for each financial year, indicating the departments and specific areas affected by the adjustments and providing a detailed breakdown of expenditure and income.

Government Spending

The bill authorizes significant government spending, including a vote on account of £237.56 billion for 2013-14 and adjustments to previous years' spending. Specific figures for adjustments are detailed in the schedules, including reductions of £5.37 billion for 2012-13 and authorizations of additional spending of £70.47 million for 2011-12. Overall, the net impact on government spending depends on the specific adjustments made in each schedule, some areas seeing reductions and others increases.

Groups Affected

Numerous groups are affected, including:

• Government Departments: All government departments are affected by the bill through adjustments to their budgets for 2010-11, 2011-12, and 2012-13, as well as the vote on account for 2013-14. The schedules detail which departments and specific programs will experience increases or decreases in spending.
• Public Sector Organisations: Non-departmental public bodies and other public sector entities receiving government funding will be impacted by the adjustments.
• Recipients of Government Services: Individuals and groups receiving benefits, services, or grants from affected departments may experience changes in the level or nature of services based on the budgetary adjustments.
• Taxpayers: The overall impact on taxpayers depends on the adjustments to government spending. Changes in revenue and expenditure will impact tax collection and overall government debt.

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