HC 802 - Defra Performance in 2014-15

HC 802 - Defra Performance in 2014-15
Author :
Publisher : The Stationery Office
Total Pages : 36
Release :
ISBN-10 : 9780215081421
ISBN-13 : 0215081420
Rating : 4/5 (420 Downloads)

Book Synopsis HC 802 - Defra Performance in 2014-15 by : Great Britain. Parliament. House of Commons. Environment, Food and Rural Affairs Committee

Download or read book HC 802 - Defra Performance in 2014-15 written by Great Britain. Parliament. House of Commons. Environment, Food and Rural Affairs Committee and published by The Stationery Office. This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department's total expenditure for 2013-14 was £6.252 billion, taking into account both its activities funded directly by Parliament and grants made following the receipt of money from the European Union, predominantly to fund agricultural subsidies and rural development schemes. The Government budget allocated to and spent by Defra is known as the Departmental Expenditure Limit (DEL) and it is set at Spending Reviews. The Department has underspent its central Government funding allocation each year since the 2010 Spending Review. In 2013-4, Defra spent £2,433 million of its DEL to meet its strategic objectives which resulted in a £61 million (2 per cent) underspend compared to its budget. The Department's Annual Report and Accounts 2013-4 state that the £50 million underspend against resource DEL was due to the following factors: (a) £30 million was not spent as the UK Government challenged EU disallowance penalties on 2010 and 2011 Common Agricultural Policy (CAP) scheme expenditure; and; (b) £20 million was intentional underspend following approval from HM Treasury to carry the funding into 2014-15 to spend on flood prevention

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