Overview

The Supply and Appropriation (Anticipation and Adjustments) (No. 2) Bill is a UK government bill that authorizes government spending for the financial years ending 31 March 2018, 2019, and 2020. It adjusts previously authorized spending, accounting for overspending in 2017-18 and supplementary requirements in 2018-19, and provides a "vote on account" for 2019-20, essentially setting a budget limit for the coming year's spending before the full budget is presented.

Description

The bill addresses several key areas of government finance:

Vote on Account for 2019-20

Authorizes up to £281,337,274,000 for the year ending 31 March 2020: £242,111,176,000 for current purposes and £39,226,098,000 for capital purposes. The Treasury can issue up to £234,874,322,000 from the Consolidated Fund for this expenditure.

Supplementary Provision for 2018-19

Adjusts the 2018-19 budget, reducing the overall authorized spending by £21,338,888,000 but with specific increases and decreases across different government departments. It increases the amount the Treasury can issue from the Consolidated Fund for 2018-19 by £9,404,988,000.

Excesses for 2017-18

Authorizes an additional £665,000 to cover overspending in the 2017-18 financial year. This is allocated to current purposes.

Appropriation

The bill amends the Main Estimates Acts of 2017 and 2018 to reflect the adjustments outlined above. Schedules 1 and 2 detail the specific adjustments to departmental budgets for 2018-19 and 2017-18 respectively.

Government Spending

The bill authorizes significant government spending. For 2019-20, a vote on account of up to £281.34 billion is authorized. It also allows for adjustments to previous years' budgets, including an increase in spending of £9.4 billion for 2018-19 and an additional £665,000 for 2017-18 to cover overspending.

Groups Affected

The bill affects numerous groups, including:

• Government Departments: All government departments will see their budgets adjusted based on the supplementary provisions and excesses outlined. The bill's schedules detail the specific changes for each department.
• Taxpayers: The bill impacts taxpayers as it authorises government spending, which is ultimately funded through taxation.
• Recipients of Government Services: Changes to departmental budgets could affect the level of services provided by different government departments.
• Parliament: The bill requires parliamentary approval to authorize the spending and adjustments.

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