2. A full discussion of the approach that is currently being taken by ONS can be accessed in the publication 'Public Sector Excluding Financial Sector Interventions' http://www.statistics.gov.uk/cci/article.asp?ID=2380.
4. The latest Public Sector Finances dataset is available from http://www.statistics.gov.uk/downloads/theme_economy/PSF_Supplementary_Data.xls As this dataset is updated monthly, figures contained in the more recent data releases will differ from those used in this report.
8. Total Managed Expenditure is a measure of public sector expenditure drawn from components in National Accounts produced by the Office for National Statistics (ONS).
9. Further information on COFOG is available on the UN's website http://unstats.un.org/unsd/cr/registry/regcst.asp?Cl=4
10. HM Treasury - UK Budget 2008, page 113
11. A full discussion of the approach that is currently being taken by ONS can be accessed in the publication "Public Sector finances excluding financial interventions" - http://www.statistics.gov.uk/cci/article.asp?ID=2380.
12. HM Treasury (2010) - March 2010 UK Budget Pg 213.
13. Extract from PESA 2010 - http://www.hm-treasury.gov.uk/pesa2010_section4.htm
14. An alternative methodology would be to fully incorporate the publically controlled financial institutions into the public sector accounts. Such a measure may be volatile once ONS has fully incorporated all the financial institutions into the Public Sector Finances as all transactions between these publically controlled financial institutions and private households, businesses and other financial institutions will feed into this measure of the public finances.
15. All figures in GERS are in market prices (i.e. nominal terms) and in most tables figures are presented as rounded to the nearest £ million. Components of tables may not therefore sum exactly to the published totals.
16. In the UK National Accounts, local authority user charges are classified as negative expenditures and therefore do not enter the revenue calculations in GERS.
17. The Budget and OBR report refer to this measure as excluding the temporary effects of the financial sector interventions. This is because once the publically owned banks are fully incorporated into the public sector accounts, this measure will exclude the effect of transactions between these banks and the private sector when reporting the public sector finances, as set out on pages 23 and 24
18. HM Treasury (March 2010) - Budget 2010, Tables C3 and C4
19. HM Treasury (March 2010) - Budget 2010, Tables C3 and C4
20. Small variations between the estimates of the current budget balance and net fiscal balance for the years 2004-05 to 2007-08 with and without the effect of the UK Government's interventions reflect differences in the estimates of the accounting adjustments due to the treatment of depreciation relating to public corporation financial institutions in the PSAT2 database.
21. As the entry for the current expenditures associated with the various financial sector interventions is negative (i.e. revenues received from fees etc), the estimate of Scotland's current budget balance, including a share of the UK Government's financial sector interventions, will report a larger surplus/lower deficit than the equivalent estimate when these effects are not included.
22. Further details of the methodology underpinning these estimates can be found in an article in the 2008 edition of Scottish Economic Statistics and can be downloaded from http://www.scotland.gov.uk/Topics/Statistics/Browse/Economy/papers/SES2008A1
23. Small variations between the estimates of the accounting adjustments for the years 2004-05 to 2007-08 with and without the effect of the UK Government's interventions reflect differences in the treatment of depreciation relating to public corporation financial institutions in the PSAT2 database.
25. Scotland's share of the UK population in 2008-09 was 8.4 per cent. Scotland's share of UK less extra-regio GVA was 8.2 per cent (General Registers for Scotland and ONS Regional Accounts).
26. Scotland's share of the UK population in 2008-09 was 8.4 per cent. Scotland's share of UK less extra-regio GVA was 8.2 per cent. (General Register Office for Scotland and ONS Regional Accounts).
27. Other local authority revenues that are included in UK Public Sector Finances are (1) Interest and dividends paid to local authorities from the private sector - included along with central government and public corporations interest etc. as part of the total interest and dividend revenue figure, (2) Local government capital consumption - included as part of gross operating surplus, (3) Local authority trading services - again included as part of gross operating surplus, (4) Rents and other current transfers - included as part of total public sector rents and other current transfers. It should be noted that the terminology and presentation used in Scottish Local Government Financial Statistics will differ from that used here. This is because the former uses terms and presentation devised by CIPFA for local authority accounting practice, based on the equivalent commercial accounting standards, whereas the Budgetary and fiscal framework are based on the National Accounts framework.
28. Petroleum Act 1998 - http://www.opsi.gov.uk/ACTS/acts1998/ukpga_19980017_en_1
29. Kemp and Stephen (2008), 'The Hypothetical Scottish Shares of Revenues and Expenditures from the UK Continental Shelf 2000-2013'
31. Kemp and Stephen (2008) - The Hypothetical Scottish Shares of Revenues and Expenditures from the UK Continental Shelf 2000-2013 Kemp and Stephen (1999) - Expenditures and Revenues from the UKCS - Estimating the Hypothetical Shares 1970 - 2003
32. The most recent edition of PESA is available from http://www.hm-treasury.gov.uk/national_statistics.htm
33. As the entry for the current expenditures associated with the various financial sector interventions is negative (i.e. revenues received from fees etc), the total estimated figure for Scottish current expenditure including a share of the UK Government's financial sector interventions, will be lower than the equivalent estimate when these effects are not included.
34. Employment and Support Allowance (ESA) was introduced on 27 October 2008. and replaced Incapacity Benefit and Income Support, paid because of an illness or disability, for new claimants.
35. Expenditure by Scottish Government in the tables in Chapter 6 incorporates expenditure by Scottish Local Authorities and Public Corporations
37. Budget 2010: The Economy and Public Finances - Supplementary Material
38. The latest Public Sector Finances database is available from http://www.statistics.gov.uk/downloads/theme_economy/PSF_Supplementary_Data.xls. As this database is updated monthly, figures contained in the more recent data releases will differ from those used in this report
39. Tables which show revenues on a cash basis, e.g. Table C6 of Budget 2010 and the revenue tables in previous editions of GERS, identify EU revenues. However, these tables also include a negative entry (either separately or in 'other revenue') for contributions to EU budget. The net effect is zero revenue to the UK and is therefore consistent with the approach taken in GERS.
41. In this analysis, an estimate of total expenditure from PESA has been calculated as the sum of all ID expenditure plus a proportion of Non-ID/outside UK expenditures. This figure therefore excludes all amendments documented in this appendix.
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