Book Description
The Department's total expenditure for 2013-14 was £6.252 billion, taking into account both its activities funded directly by Parliament and grants made following the receipt of money from the European Union, predominantly to fund agricultural subsidies and rural development schemes. The Government budget allocated to and spent by Defra is known as the Departmental Expenditure Limit (DEL) and it is set at Spending Reviews. The Department has underspent its central Government funding allocation each year since the 2010 Spending Review. In 2013-4, Defra spent £2,433 million of its DEL to meet its strategic objectives which resulted in a £61 million (2 per cent) underspend compared to its budget. The Department's Annual Report and Accounts 2013-4 state that the £50 million underspend against resource DEL was due to the following factors: (a) £30 million was not spent as the UK Government challenged EU disallowance penalties on 2010 and 2011 Common Agricultural Policy (CAP) scheme expenditure; and; (b) £20 million was intentional underspend following approval from HM Treasury to carry the funding into 2014-15 to spend on flood prevention