Overview

This Supply and Appropriation (Main Estimates) (No. 2) Bill authorises the UK government to spend an additional £509.9 billion for the financial year 2023-24. This covers various government departments and their functions, adjusting spending levels previously approved. The bill also details how income generated by government departments will be used.

Description

The bill increases the authorized use of resources for the fiscal year ending March 31, 2024, by £509,887,984,000, £410.7 billion for current purposes and £99.2 billion for capital purposes. It also increases the Treasury's authority to issue money from the Consolidated Fund by £446,117,926,000. The bill allocates these funds across numerous government departments as detailed in a schedule. The schedule itemizes departmental expenditure limits (DEL), annually managed expenditure (AME), and non-budget expenditure (NBE) for each department, along with the associated income streams. Negative values indicate projected surpluses. The bill clarifies rules for the appropriation of income and ensures all departmental income is paid into the Consolidated Fund unless otherwise authorized. The appropriations are backdated to April 1, 2023.

Government Spending

The bill authorises an additional £509,887,984,000 in government spending for 2023-24. This supplements funding already approved through the Supply and Appropriation (Anticipation and Adjustments) Act 2023. The breakdown includes approximately £410.7 billion for current spending and £99.2 billion for capital projects.

Groups Affected

The bill impacts numerous groups:

• Government Departments: All UK government departments receive funding allocations and are subject to the spending and income rules outlined in the bill.
• Public Sector Bodies: Many public sector organizations including NHS bodies, schools, universities, and other agencies receive funding based on the allocations in the bill.
• Taxpayers: The bill impacts taxpayers as it authorises government spending, directly or indirectly impacting taxation and public services.
• Beneficiaries of Government Programs: Individuals and families who receive government benefits or services will be affected by the allocation of funding across relevant departments.

Powered by nyModel