Allocations from Reserves oor Wallies

Allocations from Reserves

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Allocations from Reserves
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Allocations from Reserves
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A number of additional allocations from reserves are also outlined, augmented by end-year flexibility drawn down and capital budgets brought forward.
Gwall hanfodol: Newidwyd caniatadau yn y cyfeiriadur lleol!Englishtainment upload Englishtainment upload
I thought long and hard before making the allocations from the reserve
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The supplementary budget also takes into account the allocation from capital reserves of £232.5 million for strategic capital investment framework projects and allocations from revenue reserves of £20 million for projects under the invest-to-save fund.
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The motion includes a number of additional allocations from our reserves and proposes some reprioritisation of budgets within portfolios.
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Only when I am satisfied that the Assembly Government's objectives will be delivered will any allocations from our reserves be made.
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Let us be absolutely clear that the national planning and funding system, namely the so-called level playing field that I have mentioned, applies to the funding that FE colleges have received, save for the central allocation from reserves to meet hardship difficulties for colleges.
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I have not included any allocations to end-year flexibility in this budget, or any allocations from the reserve, other than for the Assembly Commission, the Public Services Ombudsman for Wales, and transport.
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Funding for local health boards and NHS trusts and family health services will rise by 19 per cent so that , by 2007-08 , spending will be almost £5 billion , and more will be allocated from the reserve
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This approach allowed us to find savings and to create the opportunity to allocate new revenue funding from reserves.
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Jenny mentioned the additional £7.7 million for the Open University, and that was a specific allocation from reserves to fund the operation of the OU in Wales, and that followed the transfer of responsibility back in 2005. It is important, as Chris said, that we have delivered on our objectives; we have responded to the downturn in the economy with counter-cyclical measures, which have benefited student finance and ReAct in the ways that I described.
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Other allocations from the reserve include over £5 million to cover the costs of Assembly sponsored public bodies pay remits and pensions and an additional £3 million to cover an expected shortfall in the provision in the additional costs of teachers ' pensions
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The Finance Committee also noted that the supplementary budget includes an allocation of £97 million from reserves to reflect the external borrowings of Finance Wales.
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In response to that , the Finance Minister said that she had thought long and hard before making allocations from the reserve , but that she was happy that , with tight control on spending profiles and proper reviews throughout the system , she might be able to identify other money in the year , and allocate a reserve or other pocket
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Other issues on which we will consult include the establishment of a national reserve at no more than 3 per cent to provide payments to farmers who , for whatever reason , do not have an entitlement that relates to the 2000-02 reference period -- young farmers , for example -- and we will invite views on how to allocate entitlements from that reserve
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I have also included an allocation of £10 million from the central capital contingency reserves to the trunk road maintenance programme, in line with the announcement made by my predecessor, Sue Essex.
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Is there a danger that authorities may hold back too much money under the revised regulation 7 ? Is there a danger that schools will receive less funding due to this regulation ? How does the regulation get to grips with the substantial sum of money kept in reserve by our schools year on year ? Tying in with that point , under regulation 19 , will directions be issued to ensure that no individual school will be disadvantaged because the authority allocates the funding from its reserves to another school ? Will some schools win and some schools lose ?
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Our reservations stem from our concern that the amount of money allocated to Tir Gofal now and in the future will not be sufficient to enable enough farmers to enter the scheme over a number of years
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The notable elements include £84 million from revenue reserves that is allocated to the Department for Health and Social Services to progress the waiting times commitment, £69 million of capital funds to be drawn from our end-of-year flexibility slots, and £28 million of capital budgets that are to be brought forward from 2010-11. Allocations of £9 million and £12 million are to be made to the Department for Children, Education, Lifelong Learning and Skills and the Department for Environment, Sustainability and Housing respectively, in relation to the bringing forward of capital expenditure from future years.
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The draft budget proposals that I tabled on 7 October 2008 contained details of the reserves held by the Welsh Assembly Government and the strategic allocations that we propose to make from them.
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Time should also be allocated for a debate on the NHS restructuring plans in light of the memo from Bryan Mitchell , who expresses grave reservations as to the fitness-for-purpose of the new health structures
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Angela Burns is right to make the point that if money has been allocated for planned expenditure, but that that money is expected to come either from end-of-year flexibility or reserves, then we as Members have to be aware of that commitment.
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