Transport, Infrastructure and Connectivity
Portfolio Outturn Statement for the Year Ended 31 March 2019
|253||Concessionary Fares and Bus Services||2||264||1||263||259||4|
|180||Other Transport Policy, Projects and Agency Administration||3||177||1||176||169||7|
|282||Motorways and Trunk Roads||4||331||-||331||369||(38)|
|44||Cities Investment & Strategy||9||92||-||92||122||(30)|
|27||Central Government Grants to Local Authorities||37||-||37||37||-|
|1,868||Total Expenditure Limit||1,959||10||1,949||2,047||(98)|
|UK Funded Annually Managed Expenditure|
|-||Motorways and Trunk Roads||10||-||-||-||10||(10)|
|110||Motorways and Trunk Roads PPP/PFI||13||122||-||122||172||(50)|
|110||Total Other Expenditure||122||-||122||172||(50)|
|520||Capital - Additions/Advances||14||249||-||249||417||(168)|
|(5)||Capital - Disposals/Repayments||14||(9)||-||(9)||-||(9)|
|(4)||Capital (AME) - Capital Provision||15||(7)||-||(7)||-||(7)|
|5||Capital (Other Expenditure) - Additions||-||-||-||-||-|
In addition to direct expenditure, the share of administration costs allocated to the Transport, Infrastructure and Connectivity portfolio is £1m. This gives a total net expenditure of £2,371m.
Explanation of Major Variances greater than £3m:
Note 1 Revolution in Rail expenditure re-profiling of £12m and income from Committed Obligation Performance Adjustments on Scotrail franchise of £10m.
Note 2 Demographic pressure on concessionary travel scheme.
Note 3 £18m advanced profile of Strathclyde Partnership for Transport (SPT) grant for subway modernisation and £7m additional support for canal repairs partially offset by reclassification of grant funding to FTs (£7m), expenditure deferral on Strategic Transport Projects Review (£4m), reprofiling of Future Transport Fund projects (£4m) and other minor underspends.
Note 4 £66m in lower than anticipated road depreciation partially offset by additional VAT due on winter road maintenance (£10m), expenditure reclassified from capital (£6m), additional funding for priority schemes (£7m) and additional funding for vehicle restraint systems (£5m).
Note 5 Cost pressures on ferry services contracts.
Note 6 Impairment of interest on outstanding loans in respect of IFRS 9 estimated expected credit loss assessment of financial assets at amortised cost.
Note 7 Lower than anticipated expenditure due to the extension of R100 broadband procurement timescales and the re-profiling of the 4G Infill Programme expenditure.
Note 8 Lower than anticipated take-up of demand-led Energy budgets including Energy Efficiency schemes, Decommissioning Challenge Fund, Renewable Energy and Low Carbon Economy schemes.
Note 9 Re-profiling of complex projects within Regional City Deals packages.
Note 10 Lower than anticipated Motorways and Trunk Roads provision.
Note 11 Lower than anticipated loan impairment in respect of IFRS 9 estimated expected credit loss assessment of financial assets at amortised cost.
Note 12 Lower than anticipated loan impairment in respect of IFRS 9 estimated expected credit loss assessment of financial assets at amortised cost.
Note 13 Reduction in unitary charges for revenue financed projects due to delays on M8 and the Aberdeen Western Peripheral Route (AWPR) and reduction in lifecycle maintenance.
Note 14 £20m due to lower than anticipated take-up of EIF Co-investment Fund loans and the availability of recycled loan repayments (demand was subdued by trading conditions in the energy industry and UK Government subsidy regime changes meaning onshore wind no longer receives subsidy thus reducing the appeal of this type of project, especially for small enterprises and community groups. £5m of recycled loans was invested without additional draw on public funds). £6m as a result of lower than anticipated demand on other Energy loan schemes.
Variance in Transport Scotland made up of: reclassification of £6m of funding for road renewal; expenditure reprofiling of £94m on A9 and A96 dualling, AWPR, Haudagain, Maybole and other major projects; £24m of savings on A9 dualling and M8/73/74 improvements; £41m of reprofiling on vessel procurement and construction; reduced loan advances of £5m to Prestwick and £3m of FT loan funding not required; partially offset by £10m expenditure on Forth Replacement Crossing deferred from 2017-18 and £13m additional costs on other major road projects.
Note 15 Lower than anticipated Motorways and Trunk Roads capital provision.
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