, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
No, I understand that. But at this point in time—
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
So, you're more confident this year than you might have been last year. You're not thinking of any interventions currently that you need to reallocate from different parts of the budget to cover that.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
So, basically, you couldn't put it in until you knew for definite that it was going to be there.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Peter.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
I think the narrative on the draft budget, when it comes out, is very detailed, and I know it creates work, but it also creates clarity potentially on the supplementary, so it might be something to consider for future supplementary budgets, to give maybe a…
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Is there a way of strengthening the documentation around the supplementary budget in particular in this case, where the narrative, for that person sat on a bus to be able to understand some of this—? I don't know if there's anything that Government could do…
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
The expertise is there to understand it anyway.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
With that, reading the supplementary budget, how have you made sure that people understand that that's the case? Because it isn't always clear that it's an accounting standard that causes that change, rather than a—. So, people can see lots of, effectively…
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
But they have to be reflected within the budget and within the accounts.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
It's a cash element, but it's ring-fenced, in a way.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
So, it's a non-cash element again for a—. It doesn't form part of, as you say, something that you can spend.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Thank you very much. Okay. Mike.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
And it was non-cash.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Yes.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Maybe Sharon could.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Okay. Well, my last question, and it's moving on to something slightly different: one of the items outlined in the supplementary budget is a correction of a previous consequential adjustment valued at £1.2 million. Can you explain what the issue was and…
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Yes, where would those—?
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
The accountant sat next to you is smiling. [Laughter.]
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Mike.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Rhianon, did you want to come in on that?
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
There we are.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
One of the other things, and you touched upon it in your answer to a previous question, was the flexibility to be able to switch capital and revenue, something that we focused quite heavily on when we were talking about the mythical £900 million, and we were…
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
You talked a bit about capital, and, when your predecessor was with us, we were talking about overprogramming capital. Is that policy still working, and are you confident and comfortable with that overprogramming, and is it going to deliver? Are you able to…
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
It's not a gatekeeper.
, Finance Committee
Welsh Government First Supplementary Budget 2024-25: Evidence session
Talking—. Oh, did you want to come in, Peter?
