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 amended as set out in the following table:
Change | NEW DEL | ||||
|---|---|---|---|---|---|
Voted | Non-voted | Voted | Non-voted | Total | |
Resource | -216,000 | 0 | 5,725,476 | 445,810 | 6,171,286 |
Of which | |||||
Administration budget | 0 | 0 | 263,948 | 2,154 | 266,102 |
Capital | +216,000 | 0 | 6,666,423 | 728,127 | 7,394,550 |
Depreciation1 | 0 | 0 | -802,365 | -34,224 | -836,589 |
Total | 0 | 11,589,534 | 1,139,713 | 12,729,247 | |
1Depreciation, 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 switch between resource and capital expenditure limits is to cover the cost of funding various rail schemes directly following a review of the Network Rail regulated asset base.