Overview

This Supply and Appropriation (Anticipation and Adjustments) Bill authorizes government spending for the financial years ending March 31, 2012, and March 31, 2013, making adjustments to previously approved budgets and covering spending overruns from the year ending March 31, 2011.

Description

The bill covers three key areas:

Vote on Account for 2012-13:

Authorizes up to £233,147,903,000 in spending for the year ending March 31, 2013, with £212,774,765,000 for current spending and £20,373,138,000 for capital spending. The Treasury can issue and spend up to £205,247,220,000 from the Consolidated Fund.

Supplementary Provision for 2011-12:

Increases the authorized spending for the year ending March 31, 2012, by £12,103,394,000. This includes an increase of £16,496,789,000 for current spending, offset by a reduction of £4,393,395,000 in capital spending. The Treasury's authority to issue money from the Consolidated Fund is increased by £7,343,405,000.

Excesses for 2010-11:

Authorizes the Treasury to issue £347,072,000 from the Consolidated Fund to cover overspending during the year ending March 31, 2011. The bill details how these funds will be allocated.

Government Spending

The bill authorizes a significant increase in government spending across various departments for the 2011-12 and 2012-13 fiscal years. Specific figures are detailed within the bill, including a Vote on Account of £233,147,903,000 for 2012-13 and supplementary provisions of £12,103,394,000 for 2011-12. Additionally, £347,072,000 is authorized to cover 2010-11 overspending.

Groups Affected

• Government Departments: All government departments will be affected, with changes to their allocated budgets and spending authority.
• Public Sector Organizations: Numerous public sector organizations and agencies will experience changes in funding.
• Taxpayers: The bill's impact on government spending will ultimately affect taxpayers through taxation and government services.
• Recipients of Government Services: Individuals and groups who rely on government services may experience changes to service levels due to budgetary adjustments.

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