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Reserves breakdown GP 2020-23
General reserve 2020 2021 2022 2023 £m £m £m £m
Restructuring reserve 5,650 - - - Annually Managed Expenditure (AME) contingency - 2,000 2,000 2,000 Departmental Expenditure Limited (DEL) contingency 5,000 5,000 5,000 5,000 Provision for pilot schemes 1,000 1,000 1,000 1,000
11,650 | 8,000 | 8,000 | 8,000 |
|
|
|
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2020 | 2021 | 2022 | 2023 |
£m | £m | £m | £m |
26,560 | 40,116 | 54,119 | 68,584 |
2,155 | 7,981 | 8,337 | 8,696 |
4,857 | 9,874 | 15,057 | 20,411 |
- | 234 | 245 | 305 |
33,572 | 58,205 | 77,758 | 97,996 |
Reserve for centrally held items
Pay awards Pensions and Soc Sec increases
Non-Pay - net inflation 2020+ Revenue consequences of capital schemes
Explanatory Notes on General Reserve:
Restructuring Reserve | Centrally held provision to assist in the process of restructuring and modernisation. This includes redundancy provisions, and initiatives to improve the quality and/or efficiency of public services, such as a zero- based budgeting programme. |
Annually Managed Expenditure (AME) contingency | Annually Managed Expenditure is centrally held funding to provide contingency for expenditure that can be significantly affected by wider conditions and where influences on expenditure are not predictable, such as changes in wider economic conditions, or other major unexpected events. This is currently held for benefit spend and higher education costs. |
Departmental Expenditure Limited (DEL) contingency | A centrally held fund for all other urgent and unforeseen, short-term funding needs that cannot be met from existing heads of expenditure. |
Provision for pilot schemes | Centrally held funding for unforeseen projects identified during the year that may require upfront resources to justify future requests, or to allow an opportunity that presents itself ahead of funding for future years. |