Overview

The Supply and Appropriation (Main Estimates) Bill authorizes government spending and resource use for the financial year 2024-25. It sets the overall budget and allocates funds to various government departments and agencies, covering both current and capital expenditures.

Description

This bill increases the authorized spending limit for the financial year ending March 31, 2025. The increase includes £463,737,669,000 for current spending and £103,197,519,000 for capital spending, totaling £566,935,188,000. The bill appropriates funds according to departmental expenditure limits (DEL), annually managed expenditure (AME), and non-budget expenditure (NBE), as detailed in the accompanying schedule. It also details the handling of income generated by government departments. Any surplus must adhere to Treasury guidelines. The bill's provisions are deemed compatible with the European Convention on Human Rights.

The bill specifies how funds are allocated across different categories of expenditure within each department's budget. These categories include departmental expenditure limits (DEL), annually managed expenditure (AME), and non-budget expenditure (NBE). The bill also outlines how income generated by government departments will be used, ensuring compliance with Treasury-issued rules and guidelines.

Government Spending

The bill authorizes a total increase in spending of £566,935,188,000 for the 2024-25 financial year. This is broken down into £463,737,669,000 for current expenditure and £103,197,519,000 for capital expenditure. The total appropriation for the year is £1,039,448,062,000 in resources and £850,446,959,000 in cash.

Groups Affected

• Government Departments and Agencies: The bill directly impacts all government departments and agencies by setting their spending limits and allocating resources for the 2024-25 fiscal year. The impact will vary depending on individual departmental allocations.
• Public Sector Workers: Funding for salaries and pensions is included within the departmental budgets, potentially affecting employment levels and compensation.
• Citizens Receiving Government Services: The level of funding available affects the services provided by government departments and could lead to either increased or reduced services for citizens.
• Businesses: Government contracts and grants included in the bill can significantly impact businesses involved in government projects.

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