Supply and Appropriation (Anticipation and Adjustments) Act 2016
Official Summary
A Bill To authorise the use of resources for the years ending with 31 March 2015, 31 March2016 and 31 March 2017; to authorise the issue of sums out of the Consolidated Fundfor those years; and to appropriate the supply authorised by this Act for the yearsending with 31 March 2015 and 31 March 2016.
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Overview
The Supply and Appropriation (Anticipation and Adjustments) Bill is a UK government bill that authorises spending for the financial years ending 31 March 2015, 2016, and 2017. It adjusts previously authorized spending based on actual expenditures and anticipated needs.
Description
This bill addresses three financial years: 2014-15, 2015-16, and 2016-17.
2016-17: Vote on Account
Authorizes up to £258,322,682,000 in spending; £229,024,490,000 for current expenses and £29,298,192,000 for capital expenses. The Treasury is authorized to issue up to £222,965,394,000 from the Consolidated Fund to cover this expenditure.
2015-16: Supplementary Provision
Increases the authorized spending by £139,909,506,000 (current purposes increase of £161,997,123,000, offset by a capital purposes reduction of £22,087,617,000). The Treasury's authorization to issue money from the Consolidated Fund is reduced by £3,741,101,000. These adjustments are backdated to 1 April 2015.
2015-16 and 2014-15: Appropriation of Excesses
The bill addresses overspending in 2014-15 (£105,229,000) and adjusts the 2015-16 budget accordingly to reflect these changes via Schedules 1 and 2. Schedule 1 details supplementary appropriations for 2015-16, and Schedule 2 appropriates excesses for 2014-15. The bill provides detailed breakdowns of these adjustments by government department.
Government Spending
The bill authorizes a total of £258,322,682,000 for the year ending 31 March 2017, in addition to making adjustments to spending in the previous two years. Specific figures for those years are detailed in the bill, with increases and decreases for both current and capital expenditure across various government departments. Total government spending will be impacted according to the specifics detailed in Schedules 1 and 2, with the overall impact dependent on the actual figures detailed in those schedules which are not included in the summary.
Groups Affected
The bill affects numerous groups:
- Government departments: Spending levels and allocations are directly impacted by the bill's authorizations and adjustments.
- Public sector organizations: Funding for various agencies and bodies is detailed within the schedules, affecting their operations.
- Taxpayers: The bill impacts how government funds are spent and therefore has an indirect impact on taxpayers.
- Beneficiaries of government programs: The adjustments may lead to changes in the funding of various social programs and services.
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