Publication - Corporate report
Scottish Budget 2024-2025: Final Outturn Report
The purpose of this report is to present a statement of Final Outturn for the financial year 2024-25 against the statutory limits authorised through the appropriate legislative processes by the Scottish Parliament.
Outturn differences with Scottish Government Consolidated Accounts
6. The figures reported in the Provisional and Final Outturn will differ against the accounts. It is the outturn position which reflects the sums that can be carried forward as part of the Scotland Reserve, to be utilised in future financial years.
7. These differences arise due to the Accounts:
- being driven by the requirements of the Government’s Financial Reporting Manual (FReM) and covers elements and reporting boundaries not included within HM Treasury fiscal totals.
- position including non-cash budgets such as depreciation and HM Treasury ring-fenced annually managed expenditure which cannot be used on day-to-day costs or deposited in the Scotland reserve.
- being based against the last budget as approved by Parliament, via the Spring Budget Revision (SBR), whilst the outturn takes account of final decisions on borrowing and funding (as a number of these decisions by necessity take place in March).
- not including the impact of consequential changes from the final UK Supplementary Estimates process, which concluded after the SBR had been finalised.
Contact
Email: Corporate.reporting@gov.scot