Financial scrutiny of the Department for Transport - Transport Committee Contents


Department for Transport: Main Estimate 2010-11—Estimate Memorandum

The Department's Main Estimate 2010-11 was published on 21 June 2010.

INTRODUCTION

The Department for Transport Main Estimate for 2010-11 seeks the necessary resources and cash to support the functions of the Department for Transport, including its Executive Agencies,1 and to support the construction of venues and infrastructure related to the 2012 Olympics. These are continuing functions from previous years.

The purpose of this Memorandum is to provide the Select Committee with an explanation of the resources and cash sought in the Main Estimate. This includes information on comparisons with the resources provided in earlier years in Estimates and departmental budgets, and to future financial plans. Details of changes in resources relative to original plans set out in the 2007 Comprehensive Spending Review are also provided.

An explanation of key terms used in the memorandum is provided at the Annex.

2007 COMPREHENSIVE SPENDING REVIEW

The Comprehensive Spending Review, announced by the then Chancellor in October 2007 (Cm7227), set new annual Departmental Expenditure Limit figures for the years 2008-09 to 2010-11. The provision for 2010-11 was as follows:

DEPARTMENT FOR TRANSPORT CSR SETTLEMENT FOR 2010-11
£million 2010-11
Resource DEL 26,673
Of which near-cash 2 6,058
Of which administration269
Capital DEL8,112
Total DEL 314,465

Notes:

1 Highways Agency, Driver and Vehicle Licensing Agency, Maritime and Coastguard Agency, Driving Standards Agency, Vehicle and Operator Services Agency, Vehicle Certification Agency, Government Car and Despatch Agency.

2 The CSR07 settlement made provision for DfT to manage the public expenditure pressures caused by the Metronet companies entering PPP administration. At the time of the CSR the related terms for the transfer of £1.7 billion to TfL for payment of the "Put Option" to Metronet's lenders and the £630 million offered by DfT to TFL over four years (reflecting Metronet's unused borrowing headroom at the time of its collapse) remained unresolved.
Agreement was subsequently reached between HM Treasury and DfT that the funds would be transferred to TfL under a grant-based arrangement as opposed to a loan-based arrangement. This required the level of future TfL Transport Grants to be reduced to ensure that TfL did not receive any additional benefit from the financing cost savings through grant funding, as opposed to commercial debt servicing. This resulted in a £81/96/103 million near cash reduction to the GLA transport grant (resource) in 2008-09 to 2010-11. This reduction has not been included in the above table but is reflected in the Main Estimate.

3 Full resource budgeting basis, net of depreciation.

Changes to the CSR settlement are as follows (£million)

Three significant changes have affected totals arising from the CSR07 settlement:

  1. (a)  Budgetary savings announced on 24 May 2010 reduced DfT's budget by £683 million with a further £6.2 million on DfT's element of the Olympics;
  2. (b)  2009-10 was the first year in which resource accounts and budgets were prepared using International Financial Reporting Standards (IFRS). For 2010-11 there is a £+387m Resource DEL increase and a £+214m capital DEL increase associated with the implementation of these standards; and
  3. (c)  the Alignment (or "Clear Line of Sight") Project which seeks to simplify government's financial reporting to Parliament by better aligning the recording of government spending in departmental budgets, Estimates and resource accounts. Full details of the alignment reforms were set out in Cm 7567 published in March 2009. There are several important implications for Budgets and Estimates:
  4. DEL is divided between Resource DEL and Capital DEL (ie there is no longer a distinction within Resource DEL between Near Cash and Non Cash);
  5. Depreciation and DEL impairments remain within Resource DEL;
  6. Cost of capital charges and credits have been removed entirely from budgets;
  7. The take-up and utilisation of provisions moves from non-cash DEL into resource AME;

There are also minor changes and clarifications associated with the Alignment Project as follows:

  1. Notional Audit fees remain in Resource DEL;
  2. AME impairments remain in Resource AME;
  3. Revaluations between historic cost score in Resource AME;
  4. Accrued employee benefits move from Resource AME to Resource DEL;
  5. In most cases the write-off of bad debts has moved from non-cash DEL into resource AME;
  6. No change in treatment of pensions although it should be noted that pension costs which were previously non-cash DEL remain in the Resource DEL budget;
  7. Financial guarantees are subject to a new control regime and score as AME; and
  8. The treatment of stocks written-off has been amended and from 2010-11 onwards write-off remains in Resource DEL.

(£million)
ChangeResource
DEL
Of which administration Capital
DEL
AME
CSR076,673 2698,112 4,493
 
Reduction in GLA grant 1-103 000
 
Increases in funding to meet the disbursement costs associated with the restructuring of London & Continental Railways Ltd 000 +452
 
Savings announced in Budget 2009 as part of the Government's recoverable value for money savings in 2010-11 -20000 0
 
Fiscal stimulus: the 2008 Pre-Budget Report announced that £700 million of transport spending would be brought forward from 2010-11 into 2009-10 00-700 0
 
Reduction in PBR09 : £-50 million for Strategic Investment Fund ( PBR Report p59); and £-30 million for Warm Front (PBR Report p117) 00-80 0
 
Budget 2010 uplift towards funding repairs for local roads damaged by recent cold weather; and investment to enable further progress on the Managed Motorways programme and other major road projects +840+170 0
 
Announcement of budgetary savings on 24 May 2010 2 -290-10-393 0
 
DfT element of Olympics share of budgetary savings 00-6 0
 
Transfer from Capital to meet Resource pressure for support to passenger rail services +1630-163 0
 
Reclassification of shared services costs from programme to administration to reflect NAO advice 0+80 0
 
Other Government Department (OGD) transfers identified in 2009-10 Main Estimate Memorandum +100 0
 
OGD reduction for Royal Travel transfer to MOD -1-10 0
 
OGD transfer to MoJ for pleural plaques -100 0
 
OGD transfer from CLG for capital grants 00+25 0
 
Alignment Project changes - Resource+238 000
 
Alignment Project changes - Non cash-615 000
 
Alignment project changes - AME0 00-3,221
 
IFRS—depreciation+601 000
 
IFRS—road renewals-214 0+2140
 
IFRS—other00 0+1
 
Accounting change—PFI interest+52 00-52
 
TOTAL6,388 2667,179 1,673

Notes:

1 The initial reduction in GLA grant reflects Note 2 of CSR settlement table above (a further £-108 million was subsequently reduced in announcement of budgetary savings on 24 May 2010);

2 Savings of £683 million announced on 24 May include £309 million for local authorities (£33 million resource and £276 million capital).

PROVISION SOUGHT IN MAIN ESTIMATE 2010-11

The following key Estimate and Budget control totals are sought:

Voted provision

The Main Estimate provides for a:

  1. Net Resource Requirement (NRR) of £12,881,334,000
  2. Net Cash Requirement (NCR) of £13,514,107,000

Budgetary data

The key budgetary figures are:
Resource Departmental Expenditure Limit £6,388,078,000
Of which:
Administration budget £266,102,000
Programme£6,121,976,000
Capital Departmental Expenditure Limit £7,178,550,000
Annually Managed Expenditure £1,673,430,000

EXPLANATIONS OF SIGNIFICANT CHANGES IN PROVISION COMPARED WITH THE PREVIOUS YEAR (2009-10)

The Department's 2010-11 Estimate implements the third year of the 2007 CSR settlement described above. To illustrate the impact of in year budget changes on the 2009-10 Main Estimates position an explanation is provided below of budget changes with particular reference to one-off changes such as take up of end year flexibility.

Net Resource Requirement
2010-11Main Estimate £12,881,334,000
2009-10Main Estimate £15,630,092,000
2009-10Spring Supplementary £16,738,980,000

Provision is currently £3,858 million (23%) lower than the 2009-10 Spring Supplementary Estimate figure. This largely reflects: (a) the reduction in AME arising from the introduction of the Alignment Project of which £3,182 million relates to cost of capital on the Highways Agency; and (b) £-616 million budgetary savings announced on 24 May 2010. (This excludes the capital element of the £689 million reduction but includes capital grants.)

During 2009-10 the Net Resource Requirement was increased by £+1,109m of which significant elements were:

  1. £+711 million (net) associated with implementation of International Financial Reporting Standards (IFRS);
  2. £+587 million for Non Budget funding of Non Departmental Public Bodies and Public Corporations (£+612 million); partially offset by reduction in grant-in-aid to the Driver and Vehicle Licensing Agency trading fund (£-25 million);
  3. £+174 million (net) from Non Voted including £+246m use of departmental unallocated provision;
  4. £+20 million use of End Year Flexibility for London & Continental Railways Ltd; partially offset by
  5. £-377 million (net) AME including £-433 million non cash reduction for Highways Agency; partially offset by £+56 milluion increases elsewhere; and
  6. £-6 million transfer from capital to capital grant.

At the start of 2010-11 the Department has £68 million of non voted Departmental Unallocated Provision of which an amount may be used for voted provision during the year.

Net Cash Requirement
2010-11Main Estimate £13,514,107,000
2009-10Main Estimate £13,258,651,000
2009-10Spring Supplementary £14,181,261,000

Provision is currently £-667 million (-5%) lower than the 2009-10 Spring Supplementary Estimate figure and includes a repayment of £1 Billion associated with London & Continental Railways Ltd restructuring: this is a cash transaction and does not impact on the Department's Resource DEL. The reduction reflects the level of budgetary savings announced on 24 May 2010.

During 2009-10 the Net Cash Requirement was increased by £+923m to meet estimated requirements.

Resource DEL
2010-11Main Estimate £6,388,078,000
2009-10Main Estimate £6,398,054,000
2009-10Spring Supplementary £7,158,900,000

The £771 million reduction (-11%) from the 2009-10 Spring Supplementary Estimate figure largely reflects the £-377 million net effect of Clear Line of Sight adjustments; £-200 million savings announced in Budget 2009; £-290 million budgetary savings announced on 24 May 2010; and £+163 million transferred from Capital DEL to meet Resource pressures.

During 2009-10, Resource DEL was increased by £+761m of which: £+711m was associated with the implementation of IFRS (including £+1,080m Non Cash); and £50m was take up of End Year Flexibility for London & Continental Railways Ltd.

Administration Budget
2010-11Main Estimate £266,102,000
2009-10Main Estimate £275,172,000
2009-10Spring Supplementary £279,692,000

The £-13m net reduction (-5%) from the 2009-10 Spring Supplementary Estimate figure reflects the £-9 million year on year real terms efficiency savings agreed in the CSR07 settlement; £-10 million from budgetary savings announced on 24 May 2010; partly offset by a £7 million reclassification in 2010-11 for shared services from programme to administration.

During 2009-10 the administration budget was increased by £+4.5 million to reflect a near cash reclassification from programme of Shared Services expenditure (£+4 million) and a near cash transfer from Cabinet Office for Parliamentary Counsel Office's work (£+0.5 million).

Capital DEL
2010-11Main Estimate £7,178,550,000
2009-10Main Estimate £8,313,602,000
2009-10Spring Supplementary £8,263,347,000

Provision is currently £-1,085 million (-13%) less than the 2009-10 Spring Supplementary Estimate figure and largely reflects the impact of: £-700 million fiscal stimulus funding brought forward into 2009-10; £-163 million transferred to Resource DEL to fund support for passenger rail services; £-80 million reduction at PBR09; £-399 million budgetary savings announced on 24 May 2010; partially offset by £-350 million transferred to the Communities & Local Government (CLG) for Building Britain's Future initiative in 2009-10; and £+25 million transferred from CLG in 2010-11.

During 2009-10 the Capital DEL was decreased by £-50 million to reflect £-350 million transferred to CLG; partially offset by £+280 million to reflect the implementation of IFRS; and £+20 million take up of End Year Flexibility for London & Continental Railways Ltd.

AME (all resource)
2010-11Main Estimate £1,673,430,000
2009-10Main Estimate £4,264,652,000
2009-10Spring Supplementary £4,092,150,000

Provision is currently £2,419 million (59%) less than the 2009-10 Spring Supplementary Estimate figure which largely reflects the reduction in AME arising from the introduction of the Alignment Project

During 2009-10 AME was decreased by £-173 million as follows:

  1. £-433 million non cash to reflect Highways Agency forecast for write-downs and cost of capital charges; partially offset by
  2. £+204 million (non voted) for interest payments by London & Continental Railways Ltd and Cross Channel Rail Link Finance Companies. This reflects the non voted consumption of £204 million grant in aid to these bodies shown in line AC of the 2009-10 Winter Supplementary Estimate. Although changes to non voted AME budgets were not included in the 2009-10 Estimate Memoranda, these will be shown in future;
  3. £+52 million non cash costs associated with London & Continental Railways Ltd and Cross Channel Rail Link Finance Companies; and
  4. £+4 million for railways and other expenditure.

DEPARTMENTAL EXPENDITURE LIMIT

The table below compares outturn from 2007-08 with planned DEL for the current year:
£'000s OutturnOutturn Outturn 1Estimate
2007-082008-09 2009-102010-11
Resource DEL6,793,930 6,495,3766,563,9636,388,078
o/w Near Cash6,555,016 5,852,3635,689,595 n/a
Non Cash238,914 643,013874,368 n/a
Capital DEL7,052,712 7,187,5948,263,3247,178,550
Less depreciation 2-392,368 -859,977-877,949 -836,589
TOTAL DEL13,454,274 12,822,99313,949,338 12,730,039

1 End of March 2010 provisional outturn

2 Depreciation, which forms part of Resource DEL, is excluded from total DEL since Capital DEL includes capital spending and to include depreciation of those assets would lead to double counting. Planned depreciation for 2010-11 reflects latest assessment of requirement and differs by £-88m from assumptions made in the Comprehensive Spending Review.

Near Cash

The £163 million decrease in near cash expenditure between 2008-09 and 2009-10 largely reflects the introduction of IFRS.

Non Cash

The £231 million increase in non cash DEL expenditure between 2008-09 and 2009-10 largely reflects the introduction of IFRS.

Capital

The £1,076 million increase in capital expenditure between 2008-09 and 2009-10 largely reflects a planned increase of £498 million in the 2007 Comprehensive Spending Review; and a further (net) £350m fiscal stimulus funding brought forward from 2010-11.

For 2010-11, plans reflects the 2007 Comprehensive Spending Review settlement with adjustments identified in the table on page 4.

END YEAR FLEXIBILITY

The 2009-10 EYF stock for the Department for Transport was reported in the Public Expenditure White Paper 2008-09 (PEOWP) (Cm 7606 ) *. The analysis below shows changes since then as follows:
£'000 Administration
costs
Other Resource Total Resource DEL
Of which
Capital
Near CashNon Cash
Entitlement1 67,896 572,841640,737262,704 378,033148,378
 
Take up in Winter Supplementary Estimates 050,00050,000 50,0000 0
 
Take up in Spring Supplementary Estimates 0000 020,000
 
Balance of unused EYF at 31 March 2009 67,896522,841590,737 212,704378,033 128,378
 
Provisional underspend 2-94 +302,053+302,147+87,670 +214,477-53,576
 
Provisional EYF opening stock at 1 April 2010 67,802824,894892,884 300,374592,510 74,802

1 EYF entitlement published in PEOWP (Cm 7606 ).

2 Provisional underspend is based on the difference between provisional 2009-10 outturn (at the end of March 2010) and budgets agreed at the 2009-10 Spring Supplementary Estimates.

The Department's 2009-10 total DEL opening entitlement of £789 milliion (set out above) arose from: changes in 2007-08 outturn (£5 million); 2008-09 EYF not taken up (£203 million); and 2008-09 underspend (£581 million).

The main elements of the 2008-09 DEL underspend were summarised in Table 1 of Appendix A (p 215) of the Departmental Annual Report and Resource Accounts (HC 454).

An analysis of 2008-09 Resource Outturn by Estimate section is shown in Note 2 of the Resource Accounts (pp346-8 of HC 454) with material components of variances explained on pp298-300.

The Department took up EYF during 2009-10 as follows:

Winter Supplementary Estimates: £50 million near cash (non voted) for London & Continental Railways Ltd.

Spring Supplementary Estimates: £20 million capital (voted) for London & Continental Railways Ltd.

Provisional 2009-10 under/over spend The near cash underspend is £-46 million, of which £-44 million relates to programme and £-2 to administration. The non cash underspend is £-549 million, of which £-544 million relates to programme and £-5 million to administration. The capital underspend is £-0.023 million.

Future Use

It is likely that some end year flexibility will be required to meet pressures including those which may arise as a result of the economic downturn.

Resource: the provisional stock of £552 million (£485 million programme, £67 million administration) will be used to meet pressures that may arise in 2010-11.

Capital: the provisional stock of £128m will be used to meet pressures that may arise in 2010-11.

2010-11 OPENING DEPARTMENTAL
UNALLOCATED PROVISIONS
£'000
Resource68,029
Capital0

ADMINISTRATION BUDGET

The table below compares outturn from 2007-08 with planned DEL for the current and future years:
£'000sOutturn OutturnOutturn1 Estimate
2007-082008-09 2009-102010-11
Administration budget282,328 278,441277,807266,102

Notes

1 End of March 2010 provisional outturn.

The budgets for 2010-11 reflect a £10 million reduction as part of the budgetary savings announced on 24 May 2010.

PROVISIONS AND CONTINGENT LIABILITIES

Provisions

DFT (CENTRAL) AND MARITIME & COASTGUARD AGENCY
£'000sEarly retirements 1 NFC travel concessions 2 Channel Tunnel Rail Link 3 Other DfT (C) 4Maritime & Coastguard Agency Total
Position as at 1 April 2010
Balance at 1 April 2010 12,054 16,000264,772311,652 1,250605,728
 
Provided in year in Main Estimate 69,379142,800 1,250213,429
 
Provision expected to be used in year-2,650 -2,650
 
Expected unwinding of discount
 
Estimated closing balance9,404 16,000334,151454,452 2,500816,507

Notes

1 Early retirements—These amounts relate to former staff who left the Department's employment before their formal retirement age, and in respect of whom the Department and its Agencies are responsible for making payments until their retirement age.

2 NFC travel concessions—this is for amounts in respect of re-imbursements to National Freight Company PLC and its subsidiaries for providing travel concessions to staff previously employed by the road transport division of British Rail.

3 Channel Tunnel Rail Link—These amounts cover Domestic Capacity Charge payments to London and Continental Railways Ltd (LCR), specifically those de-risked to facilitate the raising of finance by LCR.

4 Provisions for shipping inquiries, the PPP arbiter's pension liabilities, provisions relating to the Channel Tunnel, South East Trains, Strategic Rail Authority pension liabilities, LCR grant provision, and dilapidations.

HIGHWAYS AGENCY PROVISIONS FOR LIABILITIES AND CHARGES 1
£'000sLand and Property Acquisition Engineering and Construction Services Bridge StrengtheningTunnels Other Liabilities (RCU, 3rd Party Claims & Other) Grand Total
Position as at 1 April 2010
Estimated Balance at 1 April 2010 2 171,56445,49787,500 87,68417,393409,638
 
Provided in main estimate34,165 44,156-- 6,85085,171
 
Provision expected to be used in year-47,183 -57,665-31,058-14,042 -7,542-157,490
 
Estimated closing balance158,546 31,98856,44273,642 16,701337,319

1 This table reflects the latest available information which will be reflected in the next Supplementary Estimate

2 The balance at 1 April 2010 is derived from the Highways Agency Draft 2009-10 Accounts.

Contingent Liabilities

The Department accounts for contingent liabilities in its Resource Accounts in accordance with the Accounting Standards Board's publication, International Accounting Standard 37 "Provisions, Contingent Liabilities and Contingent Assets", as endorsed by Treasury's Financial Reporting Manual (FReM). This includes contingent liabilities created through letters of comfort, guarantees and indemnities, which are required to be reported to Parliament in accordance with Managing Public Money, as well as contingent liabilities arising as a result of litigation or other claims or disputes affecting the Department. Consequently, the Department recognises as actual liabilities any liabilities which it considers more likely than not that it will have to settle, it discloses any contingent liabilities for which it considers the likelihood of settlement to be more than remotely likely and it also discloses all contingent liabilities reported to Parliament in accordance with Managing Public Money, except where disclosure might prejudice a legal claim, or jeopardise security arrangements.

The majority of the Department's contingent liabilities fall into five categories:

Financial guarantees in respect of Network Rail—The Department has offered guarantees to the purchasers of Network Rail's debt instruments that, if Network Rail is unable to repay its borrowings, the Department will do so. These guarantees enable Network Rail to borrow at a preferable rate.

Letters of Comfort to Train Operating Companies—The Department has offered guarantees to Train Operating Companies and Rolling Stock Companies. These typically provide assurance that companies will recover the value of their investment in franchise-specific assets and consequently encourage investment. They also reflect other concerns, such as force majeure arrangements.

Measures to support Crossrail—Following the signing of the Crossrail Sponsors Agreement, the Department has offered a series of support measures to the project.

Support in other transport sectors—The Department has offered financial support to other entities in the transport sector, where required by legislation (for example, to protect purchasers of package holidays) or to support contractual arrangements.

Occasional claims and litigation—The Department occasionally faces legal challenges over some of its actions. It defends its position robustly and ensures that disclosure given in the Resource Accounts does not prejudice the Crown's position.

Significant changes:

  1. (a)  The Department took on the responsibility for repaying the financial obligations of the Channel Tunnel Rail Link High Speed 1 during 2009-10, and these therefore no longer appear as contingent liabilities.
  2. (b)  A number of contingent liabilities previously reported as unquantifiable have now been assigned estimated values.

APPROVAL OF MEMORANDUM

This memorandum has been prepared with reference to guidance in the Estimates Manual provided by HM Treasury and that found on the House of Commons Scrutiny Unit website. The information in this Memorandum has been approved by the Departmental Accounting Officer.

Annex

GLOSSARY OF KEY TERMS

Administrative Expenditure—expenditure incurred by departments and agencies in providing those services which are not directly associated with frontline service delivery. Includes pay, training, travel, accommodation, stationery, utilities, etc.

Alignment project—To create a single, coherent financial regime, that is effective, efficient and transparent, enhances accountability to Parliament and the public. It also underpins the Government's fiscal framework, incentivises good value for money and supports delivery of excellent public services by allowing managers to manage.

Annually Managed Expenditure (AME)—a Treasury budgetary control for expenditure which is generally less predictable and controllable than expenditure in DEL.

Comprehensive Spending Review (CSR)—a cross-government review of the departmental aims and objectives and analysis of all spending programmes, with the resultant allocation of three year Departmental Expenditure Limits (DEL).

Consolidated Fund Extra Receipts (CFERs)Income, or related cash, that may not be appropriated in aid of an Estimate and is surrendered to the Consolidated Fund.

Contingent liabilities—potential liabilities that are uncertain but recognise that future expenditure may arise if certain conditions are met or certain events happen.

Departmental Expenditure Limit (DEL)—a Treasury budgetary control for expenditure which is generally within the department's control and can be managed within fixed three-year limits (Comprehensive Spending Review period).

Departmental Unallocated Provision (DUP)—an amount held back by a department to meet unforeseen pressures in expenditure and is not allocated at the start of the year to any particular programme. It forms part of the DEL.

End Year Flexibility (EYF)—a set of rules by which departments are allowed to carry forward unspent DEL budget from one year to the next. Agreed EYF entitlement for the year is set out in an annual Public Expenditure Outturn White Paper (PEOWP).

International Financial Reporting Standards (IFRS)
In accordance with the announcement in the 2007 Budget that government departments and other entities in the public sector should prepare their accounts using International Financial Reporting Standards (IFRS), to bring benefits in consistency and comparability in the global economy and to follow private sector best practice, the Department for Transport has, like other government departments, adopted IFRS. The financial year 2009-10 was the first year in which resource accounts and budgets followed IFRS with changes reflected in the Spring Supplementary Estimate for that year.

Financial Reporting Standards (FRS)—a publication issued by the Accounting Standards Board that communicates best practice in accounting for the type of transaction or item specified in the title. Accounting standards FRS 25 and FRS 26 on financial instruments provide guidance on the accounting treatment of contractual financial assets and liabilities.

Non Voted Expenditure—public expenditure outside that voted by Parliament in Supply Estimates. It is largely used for NDPB and DVLA budgets, apart from grant-in-aid paid to these bodies which is voted expenditure. Non voted expenditure also includes utilisation of provisions and Supported Capital Expenditure (Resource).

Provision—a provision is set up to cover recognised liabilities which either have to be paid out by departments over a period of more than one year (such as pensions or contractual obligations), or are held back by the departments pending decision for eventual payment if directed by a ruling body.

Reserve—a small amount of both resource and capital DEL budgetary provision that has not been allocated by HM Treasury to a department. The function of the Reserve is to assist departments with the costs of genuinely unexpected and unforeseeable events, which are also large relative to the department's available resources.

Supplementary Estimates—seek parliamentary authority for additional resources and/or cash, or vary the way in which resources are allocated. Normally presented in the summer (June), winter (November) and spring (February).

Voted Expenditure—that which has been authorised by Parliament in response to Supply Estimates.


 
previous page contents next page

House of Commons home page Parliament home page House of Lords home page search page enquiries index

© Parliamentary copyright 2011
Prepared 11 January 2011