Executive agrees January monitoring round allocations
Date published:
Finance Minister Dr Caoimhe Archibald today informed the Assembly on the January Monitoring round outcome.
£16.9 million in Resource DEL and £53.6 million Capital DEL funding has been allocated as part of the monitoring round as follows:
- Department for Communities – £4.5m Capital
- Department for the Economy – £2.3m Resource and £5.4m Capital
- Department of Education – £1.5m Resource and £12.5m Capital
- Department of Finance – £0.2m Resource
- Department of Health – £7.3m Resource and £13.5m Capital
- Department for Infrastructure – £5.2m Resource and £17.6m Capital
- Department of Justice – £0.1m Resource
- Public Prosecution Service – £0.1m Resource
£147.7 million in Ring Fenced Resource DEL has been allocated across departments for depreciation and impairment.
Commenting Minister Archibald said: “Despite significant in-year funding of £1bn being provided, Departments still face significant budgetary challenges. Demand once again outstrips funding available many times over with almost six times as many bids for day-to-day funding and three times as many bids for Capital.
“£7 million has been allocated to health for use against pay, waiting lists and pressures with £13.5 million in capital funding provided for pandemic preparedness.
“£12.5m has been allocated in capital funding towards the schools’ estate with £1.5 million in day-to-day spending for Special Educational Needs.
“£13.6 million has been allocated to assist with infrastructure pressures while £4.5 million has been allocated for Social Housing New Build funding.
“£1.5 million has been allocated for Skills for Life and Work.”
Concluding the Minister said: “I recognise the funding being allocated today will fall short of the many pressures facing departments. It is imperative that each department now lives within its funding envelope set by the January Monitoring round. I welcome the work being done by all Ministers both individually and collectively to ensure we deliver a balanced budget.
“I have asked Ministers if any further reduced requirements are identified that they are notified to my Department at an early stage to allow them to be reallocated to other pressures.”
Notes to editors:
1. A copy of the Minister’s Written Ministerial Statement which includes detail on allocations can be viewed on our website.
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