Written Ministerial Statement by Hilary Benn: DEL Resource and Capital Budget switches for the 2007-08 Public Expenditure Outturn White Paper - 10 July 2008
The Secretary of State for Environment, Food and Rural Affairs (Hilary Benn)
I am announcing the following DEL Budget switches, in accordance with the Treasury’s Consolidated Budgeting Guidance. Resource DEL will be decreased by £48,761,000 from £2,928,970,000 to £2,880,209,000 and the Capital Budget will be increased by £48,761,000 from £888,905,000 to £937,666,000. These non-voted DEL switches and the impact on Resource and Capital are as set out in the following table:
£’000s
|
Change |
New DEL |
|||
Voted |
Non-voted |
Voted |
Non-voted |
Total |
|
Resource |
- |
-48,761 |
4,309,389 |
-1,429,180 |
2,880,209 |
of which: |
|
|
|
|
|
Administration* Budget |
- |
- |
393,944 |
- |
393,944 |
Near-cash in RDEL* |
- |
-48,761 |
4,100,527 |
-1,564,362 |
2,536,165 |
Capital** |
- |
48,761 |
661,010 |
276,656 |
937,666 |
Depreciation*** |
- |
- |
-63,463 |
-137,819 |
-201,282 |
Total |
- |
- |
4,906,936 |
-1,290,343 |
3,616,593 |
* The total of ‘Administration budget’ and ‘Near-cash in Resource DEL’ figures may well be greater than total Resource DEL, due to the definitions overlapping.
** Capital DEL includes items treated as resource in Estimates and accounts but which are treated as Capital DEL in budgets.
*** Depreciation, which forms part of Resource DEL, is excluded from total DEL since Capital DEL includes capital spending and to include depreciation of those assets would lead to double counting.
Page published: 10 July 2008