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Draft Budget 2011-15

Draft Budget 2011-15. Department of Finance & Personnel. Northern Ireland Public Expenditure System. 1. Overview. Public Expenditure Context Draft Budget Outcome. Composition of DEL. DEL is divided into two categories:

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Draft Budget 2011-15

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  1. Draft Budget 2011-15 Department of Finance & Personnel Northern Ireland Public Expenditure System 1

  2. Overview • Public Expenditure Context • Draft Budget Outcome

  3. Composition of DEL • DEL is divided into two categories: • Current – This is funding that is used to finance “everyday” spend (e.g. salaries, rent) • Capital – Expenditure used to finance investment in infrastructure (e.g. hospitals, schools, roads, Social housing)

  4. Spending Review Coverage 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 SpendingReview 2002 Spending Review 2004 2007 Comprehensive Spending Review Emergency Budget Spending Review 2010

  5. UK Spending Review Outcome (20th October) Allocations to Northern Ireland Executive £m

  6. UK Spending Review Outcome (20th October) Real Terms Change from 2010-11 £m

  7. Devolved Functions Funding Sources in Northern Ireland for 2010-11 (Total Managed Expenditure)

  8. Devolved Functions Funding Sources in Northern Ireland 2010-11

  9. Draft Budget - Process • Savings Targets July 2010 • DFP Pre-consultation Process with key stakeholders July/August 2010 • Budget Review Group August 2010 • Executive Meetings Sept-Dec 2010 • Bilateral Meetings Sept-Dec 2010

  10. Draft Budget – Central Assumptions • Regional Rates • Water Charging • Health Protection

  11. Draft Budget – Key Factors (1) • Revenue Raising Proposals • Ring-Fencing DOJ/PPS • Social Investment/Protection Funds • Presbyterian Mutual Society

  12. Draft Budget – Key Factors (2) • A5/A8 Funding • Current/Capital Switching • Invest to Save Fund • Administration Costs controls

  13. Draft Budget - Outcome Total Planned Spend £m

  14. Draft Budget Outcome - Resource

  15. Draft Budget Outcome - Capital

  16. Resource DEL (Overall Av Growth Rate of 0.6% - Taking into Account Real Terms)

  17. Capital Spend(Overall Growth Rate of 3.7% - Taking into Account Real Terms)

  18. Draft Budget - Consultation • Draft Budget high level - Individual departments to provide details • Allows Ministerial decisions on priorities • 9th February 2011 Deadline

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