Overview

The Supply and Appropriation (Anticipation and Adjustments) (No. 2) Bill 2021 is a UK government bill that authorizes spending and adjusts previously authorized spending for the financial years 2019-20, 2020-21, and 2021-22. It addresses both anticipated spending and overspending from prior years.

Description

This bill covers several key areas:

• Vote on Account for 2021-22: Authorizes up to £399,463,172,000 in spending for the 2021-22 fiscal year, broken down into £345,682,776,000 for current purposes and £53,780,396,000 for capital purposes. The Treasury can issue up to £364,923,586,000 from the Consolidated Fund to cover this expenditure.
• Supplementary Provision for 2020-21: Authorizes an additional £309,983,867,000 for the 2020-21 fiscal year (£268,429,693,000 current, £41,554,174,000 capital), and an additional £177,467,583,000 for the Treasury to issue from the Consolidated Fund. These increases are backdated to April 1st, 2020.
• Excesses for 2019-20: Authorizes an additional £8,312,939,000 to cover overspending in 2019-20 (£8,280,607,000 current, £32,332,000 capital) and an additional £3,711,646,000 for the Treasury to issue from the Consolidated Fund. This is backdated to April 1st, 2019.
• Late Excesses for 2018-19: Authorizes a further £312,093,000 to cover late reported overspending in 2018-19, backdated to April 1st, 2018.
• Appropriation: The bill ensures that the additional funds are properly allocated to the relevant government departments and programs, utilizing Schedules 1, 2, and 3 to detail the adjustments to existing budget allocations.

Government Spending

The bill authorizes a significant increase in government spending across multiple years. For 2021-22, up to £399,463,172,000 is authorized. Supplementary provisions for 2020-21 total £309,983,867,000, while additional funds for 2019-20 reach £8,312,939,000. An additional £312,093,000 is allocated for late reported overspending in 2018-19. The specific breakdown of spending by department is detailed in the schedules.

Groups Affected

Numerous groups are affected by this bill, including:

• Government Departments: All UK government departments will experience changes to their budgets based on the adjustments and additional authorizations.
• Public Sector Workers: Changes in departmental budgets may affect employment, salaries, and pension schemes.
• Recipients of Government Programs and Services: The bill's impact on government programs and services could directly affect the amount and nature of services and benefits received by citizens.
• Taxpayers: The increased spending will ultimately be funded by taxpayers.

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