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Budget
The document discusses the UK government's budgeting process, which includes spending reviews, single departmental plans, the autumn budget, and supply estimates. Spending reviews involve examining each department's budgetary requirements for the next 2-5 years, considering existing spending pressures, efficiency opportunities, and new proposals. Departmental expenditures are categorized as annually managed expenditures like benefits which are demand-led, or departmental expenditure limits which are assumed to be controllable by departments. The budget and supply estimates are also part of the UK's financial planning and performance process.
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Budget
- 1. Public sector budget DrAlberto Asquer
- 2. Managing revenue Managing expenditures Managingcash flow Managing capital revenue Managing capital expenditures Medium-term budgeting Short-term budgeting Strategic planning Programming Financial reporting Auditing Compliance auditing Performance auditing
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- 4. Spending review The UK government’sbudgeting process Single Deparmental Plans Autumn Budget Supply estimates
- 5. Spending review • adetailed, bottom-up examination of each department’s budgetary requirements • for the coming years (2-5 years) • taking into account • existing spending pressures, • opportunities for improving efficiency, • and the cost of new proposal. Spending reviews
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- 7. Single Deparmental Plans https://www.gov.uk/government/collections/a-country-that-works-for-everyone-the-governments-plan#history Financial and performanceplanning Published 14 December 2017 Last updated 27 June 2019
- 8. Financial and performanceplanning
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- 12. • Department expendituresare distinguished into: • Annually Managed Expenditures (AME): • Demand-led funding such as social security benefits, pensions and tax credits for individuals, and difficult to forecast items such as impairments in asset value, and provisions for liabilities • Departmental Expenditure Limits (DEL) • Expenditures which it is assumed Government departments can control The UK budget
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