Publication - Advice and guidance
Spring budget 2017-2018: supporting document
Revisions to the level 2 and 3 budgets detailed in the supporting document of the Budget Act 2017 as amended by the Autumn Budget Revision 2017-2018.
Table 1.7 a: Funding Reconciliation (Reserve)
| Reserve balance brought forward from 2016-17 | 74.2 |
|---|---|
| Barnett consequentials (March 2017 Budget) | 144.2 |
| Barnett consequentials (Autumn Budget) | 223.3 |
| Additional Barnett consequentials ( UK Supplementary Estimate) | 29.0 |
| Brexit consequentials | 6.6 |
| Additional HMT transfers (not allocated) | 6.2 |
| Scotland Act 2016 Implementation Funding | 100.0 |
| Increase in Forecast Devolved Tax Receipts | 39.0 |
| Funding for Change to Personal Injury Discount Rate - unallocated | 58.0 |
| Changes to Block Grant Adjustments | -95.0 |
| Budget Exchange (Bx) from 2016-17 Budget | 197.3 |
| Total funding available for deployment | 782.8 |
| Already deployed in 2017-18 budgets | -203.1 |
| Deployed at Autumn Budget Revision | -7.7 |
| Deployed at Spring Budget Revision | -141.7 |
| Forecast Reserve Balance at 31 March 2018 | 430.3 |
| Reserve composition: | |
| 2018-19 Draft Budget - assumed Reserve drawdown | 157.8 |
| Scotland Act 2016 Implementation Funding | 100.0 |
| Damages for personal injury - ring-fenced | 58.0 |
| Reserve balance brought forward from 2016-17 | 74.2 |
| Additional Barnett consequentials UK Supplementary Estimate (January 2018) | 29.0 |
| Unallocated | 11.3 |
| Total Reserve Composition | 430.3 |
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