First Supplementary Budget 2014-15

27 June 2014

Article by Richard Bettley and David Millett, National Assembly for Wales Research Service

The Minister for Finance (Jane Hutt AM) laid the first Supplementary Budget Motion 2014-15 on 24 June 2014. This was accompanied by an explanatory note and tables showing the main expenditure group (MEG)allocations. This supplementary budget amends the Final Budget 2014-15, approved by the National Assembly in December 2013. In her statement the Minister set out the main purpose of this budget:

The main purpose of this Supplementary Budget is to reflect the budgetary changes since the Final Budget 2014-15 published by the Welsh Government in December. It also sets out a number of allocations from our reserves, transfers with UK Government Departments and includes revised Annually Managed Expenditure forecasts.

The allocation of discretionary expenditure (‘Departmental Expenditure Limit’) between different Welsh Government departments in the Supplementary Budget 2014-15 is summarised below. Total DEL has increased by £53 million, or 0.3%, relative to the 2014-15 budget approved by the Assembly in December 2014.


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