Summary - National Assembly for Wales

8
� TME within the Welsh block for 2012-13 is £15.4 billion, an increase of
£42.3 million, or 0.3% over that in 2011-12. In real terms this equates to a
2.2% reduction.
� Over the budget period (2011-12 to 2014-15) there is an overall increase in
TME of £162 million, or 1.1%. In real terms this represents a reduction of
6.5%.
In comparison to the draft budget, TME in the Welsh block has increased
by £27.8 million (0.2%) in 2012-13 with no change in 2013-14 or 2014-
15.
The £27.8 million increase in 2012-13 reflects the intention to carry
forward £28.23 million from the 2011-12 financial year as shown in the
‘Carry forward under BES’ entry (as discussed in section 3). As this
£28.23 million will not be available until later in the year, and has been
met from reserves in the meantime, the actual change in TME is a
reduction of £431,000 in 2012-13, as compared with the draft budget.
This is wholly due to a reduction in AME, as discussed in section 4.5.
� TME allocated to Welsh Government departments (ie provision for the main
expenditure groups, or MEGs) 30 for 2012-13 is £15.1 billion, 98 per cent of
the total Welsh block.
� In comparison to 2011-12 this represents an increase of £84.8 million
(0.6%). In real terms this equates to a reduction of £284.2 million (1.9%).
� Over the budget period there is an overall increase of £107.3 million (0.7%).
In real terms this equates to a reduction of £1 billion (6.8%).
In comparison to the draft budget, TME allocated to Welsh Government
departments is £28.2 million (0.2%) higher in 2012-13, £20 million
higher in 2013-14 and £20 million higher in 2014-15.
These changes reflect the additional allocations from reserves to the
Education and Skills and Business, Enterprise, Technology and Science
MEGS, as detailed in section 3.
30 Main expenditure group (MEG) - The Welsh Government’s budget is broken down into several levels of
detail for monitoring and control purposes. Main expenditure groups (MEG) are at the highest level of this
detail and correspond to Ministerial portfolios or ambits. Below MEG level, expenditure is identified by
spending programme areas (SPAs) and, within these, actions.