National Savings and Investments: Departmental Expenditure Limit (2010-11)
(Limited Text - Ministerial Extracts only)
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The Financial Secretary to the Treasury (Mr Mark Hoban)
Subject to parliamentary approval of any necessary supplementary estimate, National Savings and Investments resource departmental expenditure limit (DEL) will be increased by £3,942,000 to £172,344,000 and capital DEL will be increased by £1,000,000 to £1,464,000. Within DEL change, the impact on resources and capital are set out in the following table:
Voted | Non-voted | Voted | Non-voted | ||
|---|---|---|---|---|---|
Resource DEL | 3,942 | - | 172,344 | - | 172,344 |
Of which: | |||||
Administration budget | 3,942 | - | 172,344 | - | 172,344 |
Capital* | 1,000 | - | 1,464 | - | 1,464 |
Depreciation** | - | - | -2,983 | - | -2,983 |
Total | 4,942 | - | 170,825 | - | 170,825 |
*Capital DEL includes items treated as resource in estimates and accounts but which are treated as capital DEL in budgets **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 and capital elements of DEL arises from the take-up of end-year flexibility (EYF).