The Secretary of State for Scotland (Michael Moore)
Subject to parliamentary approval of the necessary supplementary estimate the Scotland DEL net of depreciation will be increased by £531,033,000 from £27,837,168,000 to £28,368,201,000. Within the total DEL change, the impact on resources and capital is set out in the following table:
£’000 | Change | New DEL |
|---|---|---|
Fiscal RDEL | -77,744 | 25,118,354 |
Ring-fenced Depreciation within RDEL | 3,791 | 611,948 |
Ring-fenced Student Loans within RDEL | 192,000 | 280,565 |
Capital DEL | 416,777 | 2,969,282 |
Resource DEL + Capital DEL | 534,824 | 28,980,149 |
Less Depreciation | -3,791 | -611,948 |
Total DEL | 531,033 | 28,368,201 |
The increase in the Scotland DEL takes account of the following adjustments to the Scottish Government provision amounting to increases of £534,824,000:
Devolved Administration Budget Exchange carry forward of £182,969,000 (£149,156,000 resource, £30,022,000 capital and £3,791,000 ring fenced depreciation);
Increase of £103,000,000 for expenditure financed by the Scottish fossil fuel levy (Capital);
Increase of £4,600,000 for Autumn 2012 Statement Barnett consequentials (Capital);
Increase of £50,000,000 for the Forth Replacement Crossing Project Prepayments (Capital);
Transfer from the Department of Energy and Climate Change of £1,555,000 in respect of the Green Deal (Capital);
A reserve claim of £700,000 in respect of the Coastal Communities Fund (Resource);
An increase in the Student Loan Subsidy impairments of £192,000,000 (Ring Fenced); and
A transfer of £227,600,000 from resource DEL to capital DEL.