Budget - Provisional Outturn 2022-2023: briefing note
17 Jul 2023 01:42 PM
The 2022-2023 Provisional Outturn briefing note provides further supporting information to the Provisional Outturn statement 2022-2023 delivered by the Minister for Community Wealth and Public Finance on 15 June 2023.
1. The 2022-23 provisional HM Treasury fiscal outturn is £46.9 billion against a fiscal budget of £47.1 billion. The remaining funding of £244 million (which represents 0.5% of the total budget) has been carried forward within the Scotland Reserve, table 1 provides further detail.
2. The majority of this carry forward was anticipated and is already included in 2023-24 funding plans, specifically:
- £39 million anticipated within the 2023-24 Budget (published in December 2022); and
- £115 million of additional funding announced (at stage 3 of the Budget Bill on 21 February 2023) by the Deputy First Minister to further support Local Government, Creative Scotland and the inter-island ferry network.
An element of our budget allocation from HM Treasury is non-cash, which is used for accounting adjustments, predominantly depreciation. This underspend is £984 million. It is not possible to use this ring-fenced non-cash budget to support any day-to-day spending. Non-cash funding does not flow to the Scotland Reserve and is not included in our headline provisional outturn results.
Table 1: 2022-23 Provisional Outturn HM Treasury Budget Variances by Portfolio
| 2022-23 Provisional Outturn Fiscal Variances by Portfolio – HM Treasury Controls |
| Portfolio |
Resource |
Capital |
FTs |
Total |
Non-Cash |
Total |
| |
£m |
£m |
£m |
£m |
£m |
£m |
| Finance and Economy |
12 |
(26) |
(42) |
(56) |
(7) |
(63) |
| Health and Social Care |
1 |
(36) |
(2) |
(37) |
(3) |
(40) |
| Education and Skills |
(94) |
(36) |
0 |
(130) |
403 |
273 |
| Net Zero Energy and Transport |
(33) |
(244) |
2 |
(275) |
1 |
(274) |
| Constitution External Affairs and Culture |
(2) |
(4) |
0 |
(6) |
1 |
(5) |
| Justice and Veterans |
(31) |
(1) |
0 |
(32) |
0 |
(32) |
| Rural Affairs and Islands |
(5) |
(10) |
1 |
(14) |
(2) |
(16) |
| Social Justice Housing and Local Government |
52 |
(5) |
(81) |
(34) |
(19) |
(53) |
| Deputy First Minister and Cabinet Secretary for Covid Recovery |
(5) |
4 |
0 |
(1) |
0 |
(1) |
| The Crown Office and Procurator Fiscal |
(1) |
0 |
0 |
(1) |
0 |
(1) |
| Total Scottish Government |
(106) |
(358) |
(122) |
(586) |
374 |
(212) |
| Other Bodies within the Scottish Administration |
(7) |
2 |
0 |
(5) |
(6) |
(11) |
| Total Scottish Administration |
(113) |
(356) |
(122) |
(591) |
368 |
(223) |
| Other Bodies funded directly from the Scottish Budget |
(2) |
0 |
0 |
(2) |
0 |
(2) |
| Total Scottish Budget |
(115) |
(356) |
(122) |
(593) |
368 |
(225) |
| Funding Adjustments* |
(65) |
331 |
83 |
349 |
(1,352) |
(1,003) |
| Provisional Outturn |
(180) |
(25) |
(39) |
(244) |
(984) |
(1,228) |
* Funding adjustments relate to adjustments made after conclusion of the Spring Budget Review which are not included in portfolio allocations.
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