Budget 2020-21 (Scotland Reserve)

Part of the debate – in the Scottish Parliament on 5th March 2020.

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Photo of Kate Forbes Kate Forbes Scottish National Party

For 2020-21, we anticipate utilising £168 million in total from the Scotland reserve, which comprises £30 million of resource, £5 million of capital and £32 million of financial transactions from the existing reserve balance; and £101 million of resource underspend from 2019-20. That total compares with the £143 million originally stated in the “Scottish Budget: 2020-21” document, with the change due to an additional £25 million resource underspend this year, following updated forecasts. Therefore, there is no change to the forecast balance at the end of 2020-21.