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Departmental Expenditure Limits (Treasury)

Volume 467: debated on Thursday 15 November 2007

Subject to Parliamentary approval of any necessary Supplementary Estimate, HM Treasury's total Departmental Expenditure Limit (DEL) will be increased by £6,028,000 from £223,420,000 to £229,448,000. Within the total DEL change, the impact on resources and capital is set out in the following table:

ChangeNew DEL

Voted

Non-voted

Voted

Non-voted

Total

Resource

14,519,000

-8,491,000

203,975,000

27,812,000

231,787,000

Of which:

Administration budget1

6,028,0001

166,429,000

7,422,000

173,851,000

Near cash in RDE1

12,568,000

-8,491,000

192,154,000

38,990,000

231,144,000

Capital2

7,200,000

7,200,000

Less:

Depreciation3

-9,539,000

-9,539,000

Total

14,519,000

-8,491,000

201,636,000

27,812,000

229,448,000

1 The total of ‘Administration budget’ and ‘Near cash in Resource DEL’ figures may well be greater than total Resource DEL, due to definitions overlapping.

2 Capital DEL includes items treated as resource in Estimates and accounts but which are treated as Capital DEL in budgets.

3 Depreciation, which forms part of Resource DEL, is excluded from the total DEL since Capital DEL includes capital spending and to include depreciation of those assets would lead to double counting.

The change in the resource element of the DEL arises from:

A Machinery of Government transfer of £4,028,000 (within the administration budget) from the Cabinet Office in respect of the transfer of the Prime Minister's Delivery Unit to HM Treasury;

Draw down of £2,000,000 (within the administration budget) from the Financial Inclusion Fund to finance the Thoresen Review;

Take up of Departmental Unallocated Provision of £8,491,000 for OGC structural exits—a transfer from non-voted to voted spending within DEL.