Publication - Transparency data
Finance and Public Administration Committee: finance update
Background information provided to the Finance and Public Administration Committee to help with members' scrutiny of the Autumn Budget Revision 2022 to 2023.
Annex A Fiscal Resource Funding Envelope Breakdown
| Fiscal Resource (£m) | Scottish Budget Bill | Confirmed additions (ABR) | ABR Funding Position |
|---|---|---|---|
| Barnett | 34,322 | 34,322 | |
| Consequentials | 447 | 447 | |
| Rail Resource Grant | 80 | 80 | |
| Ringfenced Funding (HMT) | 624 | 624 | |
| Total UK Settlement (A) | 35,026 | 447 | 35,473 |
| Social Security BGA | 3,587 | 3,587 | |
| BGA< | (14,639) | (14,639 ) | |
| Scottish Income Tax (gross figure) | 13,671 | 13,671 | |
| LBTT< | 749 | 749 | |
| SLT< | 101 | 101 | |
| Non-tax income | 25 | 25 | |
| Haircut on Net Tax BGA Uplift | |||
| Net Tax/BGA/SS BGA Position (B) | 3,493 | - | 3,493 |
| Reconciliations | (15) | (15 ) | |
| Resource Borrowing | 15 | 15 | |
| Borrowing Costs transferred from spending and revised | (160) | (160) | |
| Scotwind | 40 | 56 | 96 |
| Scotland Reserve | 120 | 301 | 421 |
| Migrant Surcharge | 92 | 92 | |
| QLTR | 5 | 5 | |
| Other | 180 | (24) | 156 |
| Spillover | 400 | (25) | 375 |
| Machinery of Government | - | 8 | 8 |
| Total Other Income ( C) | 837 | 156 | 993 |
| Total Fiscal Resource Funding | 39,356 | 603 | 39,959 |
| Total Fiscal Resource Budgeted Spend | 39,356 | 713 | 40,069 |
| Borrowing Costs transferred to funding | (168) | (168) | |
| Fiscal Resource Spend (adjusted) | 39,356 | 545 | 39,901 |
| Unallocated Funding | - | 58 | 58 |
£620 million Other Income Assumption in the Scottish Budget comprised as follows:
- Scotwind £40 million
- Spillover £400 million
- Other (expected consequentials) £180 million
- Scotland Reserve £0m
The Scotland Reserve assumption was specifically increased to £120 million for fiscal Resource during Stage 2 amendments to fund the additional allocation to local government.