Overview

This Supply and Appropriation (Anticipation and Adjustments) Bill authorizes government spending for the financial years ending 31 March 2014, 2015, and 2016. It adjusts previously authorized spending based on actual expenditure and anticipated needs, covering both current and capital purposes.

Description

The bill addresses three financial years: 2013-14, 2014-15, and 2015-16. For 2015-16, it authorizes a Vote on Account of £248.94 billion, allocating £222.42 billion for current spending and £26.52 billion for capital projects. The Treasury is authorized to issue £219.61 billion from the Consolidated Fund to cover this expenditure. The bill also makes adjustments to spending authorized in previous years. For 2014-15, it reduces the previously authorized use of resources by £25.97 billion (current £18.77 billion, capital £7.19 billion), but increases the Treasury's authority to issue money from the Consolidated Fund by £10.56 billion. For 2013-14, it authorizes an additional £564.71 million to cover spending excesses (current £564.55 million, capital £0.15 million). Schedules 1 and 2 detail the specific adjustments to individual departmental budgets across various government departments, including Department for Education, Department of Health, Ministry of Justice, HM Treasury, and many others. These adjustments reflect changes in spending needs and income across the various government departments. These adjustments are treated as effective from the beginning of April 2013 and April 2014.

Government Spending

The bill authorizes a total Vote on Account of £248.94 billion for 2015-16. It also adjusts previous years' spending, reducing authorization for 2014-15 by £25.97 billion while increasing the Treasury's ability to issue funds by £10.56 billion. For 2013-14, it authorizes an additional £564.71 million to cover excesses.

Groups Affected

The bill affects numerous groups:

• Government Departments: All government departments will experience adjustments to their budgets, impacting their ability to fund programs and services.
• Public Sector Workers: Changes in departmental budgets could affect employment and compensation.
• Recipients of Government Services: Service levels for education, healthcare, social welfare, and other programs could be altered due to budget adjustments.
• Taxpayers: The bill’s impact on government spending and revenue ultimately affects taxpayers.

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