Publication - Transparency data
Guide to the ABR 2024-25 – Finance Update for FPAC
Background information provided to the Finance and Public Administration Committee (FPAC) to help with members' scrutiny of the Autumn Budget Revision (ABR) 2024 to 2025.
Annex A - Fiscal Resource Funding Envelope Breakdown
| Fiscal Resource (£m) | Scottish Budget Bill | Confirmed changes (ABR) | Funding position at ABR |
|---|---|---|---|
| Barnett | 36, 959.6 | 730.6 | 37,690.2 |
| Ringfenced Funding (HMT) | 714.8 | 714.8 | |
| Total UK Settlement (A) | 36,674.4 | 730.6 | 38,405.0 |
| Social Security Block Grant Adjustment (B) | 5,191.5 | (145.8) | 5,045.6 |
| Block Grant Adjustment for Taxes and Non-Tax Income | (18,065.9) | - | (18,065.9) |
| Scottish Income Tax | 18,844.1 | - | 18,844.1 |
| Land and Buildings Transaction Tax | 730.5 | - | 730.5 |
| Scottish Landfill Tax | 58.2 | - | 58.2 |
| Non-Tax Income | 25.0 | - | 25.0 |
| Net Budget Adjustment for Taxes and Non-Tax Income (C) | 1,591.9 | - | 1,591.9 |
| Reconciliations | (338.0) | - | (338.0) |
| Resource Borrowing | 338.0 | - | 338.0 |
| Resource Borrowing Costs | (124.0) | (7.7) | (131.7) |
| Capital Borrowing Costs | (140.9) | 6.3 | (134.6) |
| Scotwind | 200.0 | 224.0 | 424.0 |
| Scotland Reserve | 0.0 | 162.0 | 162.0 |
| Migrant Surcharge | 200.0 | - | 200.0 |
| KLTR | 5.0 | - | 5.0 |
| Other | 18.1 | 18.1 | 36.2 |
| Resource to Capital Switch | (89.0) | 89.0 | 0.0 |
| Other Income and Funding Adjustments (D) | 69.2 | 491.7 | 560.8 |
| IFRS16 adjustment (E) | (203.1) | 0.0 | (203.1) |
| Total Fiscal Resource Funding (A+B+C+D+E) | 44,323.8 | 1,076.5 | 45,400.3 |
| Total Fiscal Resource Budget allocated | 44,323.8 | 1,076.2 | 45,400.0 |
| Unallocated Funding | 0.0 | 0.3 | 0.3 |