, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
But it's in the letter.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Have you thought through how much that impact would be? What the quantum might be?
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Talking about other impacts on your work from other bodies, you've sent a letter to the Senedd Reform Bill Committee around the costs associated with the well-being of future generations Act. Can you talk to us a bit more about that letter and what that means…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Okay. Thank you. I think Peter wants to take it forward from there.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Yes.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Fine.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Thank you very much. I think it gets to the bottom of this, and maybe, going forward, splitting out the movements to positive and negative movements, rather than lumping them as one net figure, might be a better way for us to be able to understand what's…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Fine. Okay. Thank you very much. So, the estimate sets out a net cash requirement for 2024-25 of £9.127 million. This is an increase of £485,000 compared to 2023-24. In resource terms, you are requesting £9.459 million, which is an increase of around £1…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Yes. That's fine. And then could you also confirm that as you will not need to repay any funding associated with the travel allowance from 2024-25, the £354,000 of funding previously removed from the baseline in 2023-24 remains available in your overall…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Right. Okay. Thank you. Looking at—. Going back to the travel allowances and those elements, 2024-25 will be the first year following the pay back of the funding utilised to implement changes in the travel allowance. Can you then confirm that by 2024-25 you…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Right. Okay. So, coming back to—. So, you're confident that the 5.9 per cent is the figure that we should be looking at and that's the most accurate.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Okay. So, with that then, is it appropriate to roll £350,000 of the £550,000 for movements in working capital associated with one-off costs and dilapidations into your ongoing budget? Or are you not?
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
I think that was £200 million—no, £200,000 normally.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Okay. Thank you very much. The next question, I apologise, is a little bit long. It's trying to grapple with what you've presented to us and understanding percentages and increases and movements and—. So, here we go, let's see how we go, but hopefully you'll…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Thank you. Probably a good question for Kate, then—how does Audit Wales obtain assurance that the budget is reasonable? So, what challenge have you as chair and the board provided to the auditor general, and are there any contentious areas that you've looked…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
Wonderful. Thank you very much and you're very welcome this morning. Our item this morning is a scrutiny session on your estimates and interim report. Obviously, as I said just now, there will be a copy of the transcript there for you to check for accuracy…
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
And the Auditor General for Wales. I just wondered if you'd introduce yourself and the team for the record, please.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
A warm welcome to Audit Wales, and it's nice to you.
, Finance Committee
Audit Wales - Scrutiny of the Estimate 2024-25 and Interim Report 2023-24: Evidence session
So, our substantive item this morning. Welcome.
, Finance Committee
Papers to note
If I move on to item 2, which is the papers to note—we've got six papers to note there. Unless anybody has any comment on any of them, I propose to note those for the record. That's great. Okey-dokes.
, Finance Committee
Introductions, apologies, substitutions and declarations of interest
Good morning and welcome to this meeting of the Finance Committee. All of the Members are present, so there are no apologies this morning. I ask whether Members have any interests to declare. I don't see that they do, so I'll move on. This meeting is being…
, Plenary
Questions to the Minister for Finance and Local Government
I'd like to explore a little bit more the timing of the announcement, which was just before the Eisteddfod this year. That was less than two months after the publication of the first supplementary budget for 2023-24. I'm struggling to understand what changed…
, Plenary
Questions to the Minister for Finance and Local Government
Thank you for that response and for giving us an idea of what is happening.
, Plenary
Questions to the Minister for Finance and Local Government
Diolch, Llywydd. I'd like to start today with the recent update on the Government's budgetary readjustments. We were initially informed about the £900 million gap in the Welsh Government's budget back in August, and that that matter had been discussed at a…
, Local Government and Housing Committee
Elections and Elected Bodies (Wales) Bill: Evidence from the Counsel General and Minister for the Constitution
Okay. Thank you.
