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National Savings and Investments DEL (2009-10)

Volume 501: debated on Tuesday 24 November 2009

Subject to parliamentary approval of any necessary supplementary estimate, National Savings and Investments DEL will be increased by £26,492,000 to £183,760,000. Within DEL change, the impact on resources and capital are set out in the following table:

ChangeNew DelTotal

Voted

Non-voted

Voted

Non-Voted

Resource Del:

26,492

-4,994

183,599

-

183,599

Of which:

-

Administration budget:

26,492

-4,994

183,599

-

183,599

Near cash in RDEL

26,492

-4,994

179,104

-

179,104

Capital

-

-

3,176

-

3,176

Depreciation*

-

-

-3,015

-

-3,015

Total

26,492

-4,994

183,760

-

183,760

*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 DEL arises from:

A drawdown of £ 1,498,000 from the Modernisation Fund for the development and implementation of the IS strategy.

A drawdown of £20,000,000 of end year flexibility for continuation of modernisation programmes that commenced in 2008-09. These cover IS Infrastructure Programme, Strategic Platform Development Programme, Dematerialisation and Authentication.

A drawdown of its departmental unallocated provision of £4,994,000 to fund the simplification and modernisation programme.