Budget - Provisional Outturn 2022-2023: briefing note
The 2022-2023 Provisional Outturn briefing note provides further supporting information to the Provisional Outturn statement 2022-2023 delivered by the Minister for Community Wealth and Public Finance on 15 June 2023.
Provisional Outturn – HM Treasury Budgets
1. The 2022-23 provisional HM Treasury fiscal outturn is £46.9 billion against a fiscal budget of £47.1 billion. The remaining funding of £244 million (which represents 0.5% of the total budget) has been carried forward within the Scotland Reserve, table 1 provides further detail.
2. The majority of this carry forward was anticipated and is already included in 2023-24 funding plans, specifically:
- £39 million anticipated within the 2023-24 Budget (published in December 2022); and
- £115 million of additional funding announced (at stage 3 of the Budget Bill on 21 February 2023) by the Deputy First Minister to further support Local Government, Creative Scotland and the inter-island ferry network.
3. An element of our budget allocation from HM Treasury is non-cash, which is used for accounting adjustments, predominantly depreciation. This underspend is £984 million. It is not possible to use this ring-fenced non-cash budget to support any day-to-day spending. Non-cash funding does not flow to the Scotland Reserve and is not included in our headline provisional outturn results.
| 2022-23 Provisional Outturn Fiscal Variances by Portfolio - HM Treasury Controls | ||||||
|---|---|---|---|---|---|---|
| Portfolio | Resource | Capital | FTs | Total | Non-Cash | Total |
| £m | £m | £m | £m | £m | £m | |
| Finance and Economy | 12 | (26) | (42) | (56) | (7) | (63) |
| Health and Social Care | 1 | (36) | (2) | (37) | (3) | (40) |
| Education and Skills | (94) | (36) | 0 | (130) | 403 | 273 |
| Net Zero Energy and Transport | (33) | (244) | 2 | (275) | 1 | (274) |
| Constitution External Affairs and Culture | (2) | (4) | 0 | (6) | 1 | (5) |
| Justice and Veterans | (31) | (1) | 0 | (32) | 0 | (32) |
| Rural Affairs and Islands | (5) | (10) | 1 | (14) | (2) | (16) |
| Social Justice Housing and Local Government | 52 | (5) | (81) | (34) | (19) | (53) |
| Deputy First Minister and Cabinet Secretary for Covid Recovery | (5) | 4 | 0 | (1) | 0 | (1) |
| The Crown Office and Procurator Fiscal | (1) | 0 | 0 | (1) | 0 | (1) |
| Total Scottish Government | (106) | (358) | (122) | (586) | 374 | (212) |
| Other Bodies within the Scottish Administration | (7) | 2 | 0 | (5) | (6) | (11) |
| Total Scottish Administration | (113) | (356) | (122) | (591) | 368 | (223) |
| Other Bodies funded directly from the Scottish Budget | (2) | 0 | 0 | (2) | 0 | (2) |
| Total Scottish Budget | (115) | (356) | (122) | (593) | 368 | (225) |
| Funding Adjustments* | (65) | 331 | 83 | 349 | (1,352) | (1,003) |
| Provisional Outturn | (180) | (25) | (39) | (244) | (984) | (1,228) |
* Funding adjustments relate to adjustments made after conclusion of the Spring Budget Review which are not included in portfolio allocations.
Contact
Email: fiscalmanagement@gov.scot
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