Written Ministerial Statement
The content of this written ministerial statement is as received at the time from the Minister. It has not been subject to the official reporting (Hansard) process.
Department of Finance - BUDGET 2022-25: FUNDING AVAILABLE
Published on 2 November 2021
Download this statement as a PDF (141.25 kb)
Mr Murphy (The Minister of Finance): The purpose of this Statement is to inform the Assembly of the funding made available for Budget 2022-25 as notified by the Secretary of State for Northern Ireland on 29 October 2021.
In line with my legal obligation under Section 64 of the Northern Ireland Act 1998 I am required to lay before the Assembly a Statement detailing the amount of funding provided for 2022-25 at least 14 days before a laying a draft Budget for the financial year.
Spending Review
Our core DEL arising from the recent Chancellor’s Spending Review is set out in the table below.
|
£million |
2022-23 |
2023-24 |
2024-25 |
|
Non Ring-fenced Resource Core DEL |
12,583.9 |
12,788.7 |
12,982.3 |
|
Capital Core DEL |
1,686.2 |
1,784.7 |
1,759.2 |
|
FTC Core DEL |
162.8 |
66.4 |
62.2 |
The Chancellor also set out further funds for 2022-25 for non-Barnett items and these are set out in the following table.
|
£million |
Non Barnett Resource DEL Items |
||
|
2022-23 |
2023-24 |
2024-25 |
|
|
Farm Payments |
312.8 |
327.2 |
329.4 |
|
Fisheries |
3.1 |
3.1 |
3.1 |
|
Security |
31.2 |
31.2 |
31.2 |
|
Tackling Paramilitarism |
5.0 |
5.0 |
4.8 |
|
Total |
352.2 |
366.6 |
368.6 |
Ring-Fenced DEL
In addition the Secretary of State confirmed a flat profile of ring-fenced Resource DEL, with the final amounts for 2022-23 to be confirmed later in the year.
|
£million |
2022-23 |
2023-24 |
2024-25 |
|
Ring-fenced Resource Core DEL |
460.0 |
460.0 |
460.0 |
|
Student Loan Impairment |
574.8 |
574.8 |
574.8 |
Funding Packages
The Secretary of State has also confirmed the following funding will be available under the Fresh Start Agreement, Confidence and Supply, New Decade, New Approach and City Deals.
|
£million |
2022-23 |
2023-24 |
2024-25 |
|
Fresh Start Agreement* |
51.3 |
64.4 |
37.2 |
|
Confidence and Supply Broadband* |
49.4 |
37.2 |
- |
|
NDNA Transformation |
49.0 |
49.0 |
49.0 |
|
NDNA Medical School |
5.0 |
5.0 |
5.0 |
|
NDNA Medical School – Capital* |
15.0 |
- |
- |
|
NDNA – Unique Circumstances Communities in Transition |
4.1 |
3.3 |
- |
|
City Deals* |
41.7 |
41.7 |
41.7 |
|
Total |
215.5 |
200.6 |
132.9 |
*Capital
Mental health and funding for tackling severe deprivation funding from Confidence and Supply and EU protocol funding has not been confirmed at this time. Furthermore, the funding package profiles set out by the Secretary of State do not reflect the latest position as advised by DoF officials to NIO earlier this month and work will be needed to adjust these later in the year.
The following tables sets out the total funding available from the British Government.
|
£million |
2022-23 |
2023-24 |
2024-25 |
|
Non Ring-Fenced Resource DEL |
|
|
|
|
SR - Core DEL |
12,583.9 |
12,788.7 |
12,982.3 |
|
SR - Non Barnett Funding |
352.2 |
366.6 |
368.6 |
|
Funding Packages |
58.1 |
57.3 |
54.0 |
|
Total Non-Ring Fenced Resource DEL |
12,994.2 |
13,212.6 |
13,404.9 |
|
|
|
|
|
|
Ring-Fenced Resource DEL |
|
|
|
|
SR - Core DEL |
- |
- |
- |
|
SR - Non Barnett Funding |
- |
- |
- |
|
Ring-Fenced DEL |
460.0 |
460.0 |
460.0 |
|
Student Loan Impairment |
574.8 |
574.8 |
574.8 |
|
Total Ring-Fenced Resource DEL |
1,034.8 |
1,034.8 |
1,034.8 |
|
|
|
|
|
|
Capital DEL |
|
|
|
|
SR - Core DEL |
1,686.2 |
1,784.7 |
1,759.2 |
|
SR - Non Barnett Funding |
- |
- |
- |
|
Funding Packages |
157.4 |
143.3 |
78.9 |
|
Total Capital DEL |
1,843.6 |
1,928.0 |
1,838.1 |
|
|
|
|
|
|
FTC DEL |
|
|
|
|
SR - Core DEL |
162.8 |
66.4 |
62.2 |
|
SR - Non Barnett Funding |
- |
- |
- |
|
Funding Packages |
- |
- |
- |
|
Total FTC DEL |
162.8 |
66.4 |
62.2 |
Whilst this represents an increase in the available budget I am disappointed some details have not been provided and some profiles are not using the latest position as advised by officials earlier this month.
As required by legislation, I will demonstrate that the amount of funding required by any draft Budget does not exceed the amount notified by the Secretary of State as set out in this statement.
