UK Commission expenditure budget
The table below shows our budget over the CSR period, as agreed with co-sponsors, along with the 2010/11 comparative:
| |
2010/11
£m
|
2011/12
£m
|
Indicative
2012/13
£m
|
Indicative
2013/14
£m
|
Indicative
2014/15
£m
|
| UK Commission running costs |
9.9 |
8.2 |
7.9 |
6.6 |
6.8 |
| Cap Ex & depreciation |
0.8 |
0.8 |
0.7 |
0.6 |
0.6 |
| Programme delivery |
64.9 |
65.5 |
75.9 |
72.9 |
69.9 |
| Of which will be allocated to the following areas: |
|
|
|
|
|
| UK Commission Programme Spending |
10.5 |
7.2 |
7.2 |
7.2 |
7.2 |
| Sector Programme funding* |
54.4 |
48.1 |
43.7 |
40.7 |
37.7 |
| Growth and Innovation Fund** |
0.0 |
10.2 |
25.0 |
25.0 |
25.0 |
| |
|
|
|
|
|
| Total expenditure |
75.6 |
74.5 |
84.5 |
80.1 |
77.3 |
*Includes £250k from Cabinet Office to support Skills Third Sector which is yet to be confirmed.
**Actual Growth and Innovation Fund budget allocation for 2011/12 will be confirmed later in the year. Total fund is £50m p.a., jointly managed with the Skills Funding Agency. Future years are indicative only.