Departmental Expenditure Limit (2010-11)
(Limited Text - Ministerial Extracts only)
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The Secretary of State for Transport (Mr Philip Hammond)
Subject to parliamentary approval, the Department for Transport departmental expenditure limit (DEL) for 2010-11 will be decreased by £792,000 from £12,730,039,000 to £12,729,247,000.
Within the DEL change, the impact on resources and capital, are as set out in the following table:
Change | NEW DEL | ||||
|---|---|---|---|---|---|
Voted | Non-voted | Voted | Non-voted | Total | |
Resource | -792 | 0 | 5,941,476 | 445,810 | 6,387,286 |
Of which | |||||
Administration budget | 0 | 0 | 263,948 | 2,154 | 266,102 |
Capital | 0 | 0 | 6,450,423 | 728,127 | 7,178,550 |
Depreciation* | 0 | 0 | -802,365 | -34,224 | -836,589 |
Total | -792 | 0 | 11,589,534 | 1,139,713 | 12,729,247 |
*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. |
Resource Change: Programme (total decrease of £792,000)
Voted: total net decrease of £792,000
RfRl
(i) Decrease of £792,000 by transfer to the Office of the Rail Regulation, of which £550,000 is to cover the cost of releasing provisions for early departures in 2010-11 and the remainder £242,000 to meet other costs.
Changes in Accounting Policies
Prior period adjustments.
Cost of capital charges
Costs of capital charges (CCC) have been removed from accounts, budgets and supply estimates in accordance with HM Treasury’s consolidated budgeting guidance (CBG). However the Department had liabilities greater than its assets so attracted a cost of capital credit. The removal of the CCC increases resources in DEL. The prior period adjustment (PPA) in respect of the previous two years is:
2008-09 | 2009-10 | |
|---|---|---|
Cost of capital credit (£’000) | 2,698,533 | 2,774,776 |