Overview

The Supply and Appropriation (Anticipation and Adjustments) Bill is a UK government bill that adjusts the authorized spending for the financial years 2013-14, 2014-15, and 2015-16. It accounts for both underspending and overspending in previous years and sets a vote on account for the upcoming year.

Description

This bill makes several key adjustments to government spending:

• Vote on Account for 2015-16: Authorizes up to £248,938,199,000 for spending in 2015-16 (£222,417,912,000 for current purposes and £26,520,287,000 for capital purposes). The Treasury can issue up to £219,606,746,000 from the Consolidated Fund to cover this.
• Supplementary Provision for 2014-15: Reduces the previously authorized spending by £25,966,065,000 (£18,771,359,000 current, £7,194,706,000 capital) and increases the amount the Treasury can issue from the Consolidated Fund by £10,564,522,000.
• Excesses for 2013-14: Authorizes an additional £564,706,000 to cover overspending in 2013-14 (£564,553,000 current, £153,000 capital).
• Appropriation: Schedules 1 and 2 detail specific adjustments to departmental budgets to reflect the above changes, accounting for both increases and decreases in spending across various government departments.

Government Spending

The bill adjusts government spending across multiple years. For 2015-16, it authorizes a total of £248,938,199,000. For 2014-15, it reduces authorized spending by £25,966,065,000 but adds £10,564,522,000 to the Treasury's ability to issue funds. For 2013-14, an additional £564,706,000 is authorized to cover overspending.

Groups Affected

The bill affects numerous groups:

• Government Departments: All government departments will see their budgets adjusted based on the information in Schedules 1 and 2.
• Public Sector Organizations: Numerous public bodies and agencies (e.g., NHS Trusts, Local Authorities) will experience changes in funding based on departmental budget changes.
• Taxpayers: The adjustments to spending will ultimately impact taxpayer funds.
• Beneficiaries of Government Programs: Changes in departmental budgets may affect the level of services provided through government programs (e.g. education, healthcare, welfare).

Powered by nyModel