Scottish Budget 2021 to 2022: final outturn report

Report to present a statement of Final Outturn for the financial year 2021 to 2022 against the statutory limits authorised through the appropriate legislative processes by the Scottish Parliament.


Final Outturn – HM Treasury Controls

15. The final 2021-22 fiscal outturn confirmed with HM Treasury in December was £46.8 billion against a budget of £47.5 billion, resulting in an underspend of £699 million, less than 1.5% of the total budget (Table 2 below provides further detail). This represents a movement of £49 million from the provisional £650 million underspend reported in June 2022 in the Provisional Outturn Statement.

Table 2 – Final Outturn 2021-22 ( HMT budgetary limits)
2021-22 Final Outturn Outturn Budget Variance
£million £million £million
Finance and Economy 2,049 2,625 (576)
Health and Sport 17,947 17,865 82
Education and Skills 3,822 3,906 (84)
Net Zero Energy and Transport 3,823 4,342 (519)
Constitution External Affairs and Culture 351 344 7
Justice 3,065 3,105 (40)
Rural Affairs and Islands 832 902 (70)
Social Justice Housing and Local Government 14,374 14,401 (27)
Deputy First Minister and Cabinet Secretary for Covid Response 63 72 (9)
The Crown Office and Procurator Fiscal 171 173 (2)
Total Scottish Government 46,497 47,735 (1,238)
Food Standards Scotland 20 21 (1)
National Records of Scotland 57 57 0
NHS & Teachers Pension Schemes 0 0 0
Office of the Scottish Charity Regulator 4 4 (0)
Registers of Scotland (3) 8 (11)
Revenue Scotland 7 7 (0)
Scottish Courts and Tribunal Service 150 153 (3)
Scottish Fiscal Commission 2 2 (0)
Scottish Housing Regulator 4 5 (1)
Total Scottish Administration 46,738 47,992 (1,254)
Scottish Parliament Corporate Body 107 110 (3)
Audit Scotland 10 11 (1)
Total Scottish Budget 46,855 48,113 (1,258)
Funding Adjustments – late UK Supplementary Estimate funding reduction (13) (59) 46
Funding Adjustments – reduction in borrowing 0 (299) 299
Funding Adjustments – reductions in Financial Transactions (0) (214) 214
Total Outturn 46,842 47,541 (699)

16. The Provisional Outturn Statement is presented to Parliament prior to completion of audited accounts for the Scottish Government and associated bodies and is therefore subject to change.

17. The changes between Provisional and Final Outturn were a result of accounting adjustments which occurred as part of the year-end process. The most material reduction was within Social Security benefit expenditure audit.

18. The £699 million underspend is carried forward in full in the Scotland Reserve. The majority of the underspend in 2021-22 was already included in the 2022-23 funding position: £324 million was anticipated within the initial 2022-23 Budget, with an additional £120 million announced by the Cabinet Secretary of Finance and Economy to support Local Government 22/23 costs at stage 1 of the Budget Bill process. The remainder has been fully allocated during 2022-23 as part of the Autumn and Spring Budget Revision processes.

19. Annex A provides a reconciliation to the Scottish Government's Consolidated Accounts outturn versus Final Outturn statement against HM Treasury Totals. The difference is driven by non-cash and funding adjustments.

Contact

Email: fiscalmanagement@gov.scot

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