Overview

The Consolidated Fund Act 2009 authorized the UK government to spend specific amounts of money for the financial years ending 31 March 2010 and 31 March 2011. This act is a crucial part of the UK's annual budgeting process, legally allowing the government to access funds from the Consolidated Fund to cover its expenses.

Description

This Act details the government's spending plans for two financial years. Specifically:

• Financial Year 2009-2010: The Act authorized the use of £6,617,232,000 in resources and allowed the Treasury to issue £23,998,577,000 from the Consolidated Fund.
• Financial Year 2010-2011: The Act authorized the use of £218,175,405,000 in resources and allowed the Treasury to issue £219,011,739,000 from the Consolidated Fund.

The Consolidated Fund is a central government account holding funds voted by Parliament. This Act provides the legal authority for the government to withdraw these funds.

Government Spending

The Act authorized a total of approximately £224,792,644,000 (£224.8 billion) for the two financial years. This represents the total amount the government could spend during these periods, as legally approved by Parliament. The breakdown is £23.998 billion for 2009-2010 and £219.012 billion for 2010-2011. Note that "use of resources" and "issue from the Consolidated Fund" represent slight accounting differences, but both figures reflect the overall spending authorization.

Groups Affected

This Act affects virtually all UK citizens and organizations indirectly because it underpins the government's ability to fund public services. Groups directly affected include:

• Government departments: They receive funding authorized by this Act to operate and deliver public services.
• Public sector workers: Their salaries and employment are funded through the money authorized by this Act.
• Recipients of government services: Individuals and organizations that receive benefits, healthcare, education, and other publicly funded services are indirectly affected by the authorized spending.

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