10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
No, I understand that. But at this point in time—
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
So, basically, you couldn't put it in until you knew for definite that it was going to be there.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Peter.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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…
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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…
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
The expertise is there to understand it anyway.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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…
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
But they have to be reflected within the budget and within the accounts.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
It's a cash element, but it's ring-fenced, in a way.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
So, it's a non-cash element again for a—. It doesn't form part of, as you say, something that you can spend.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Thank you very much. Okay. Mike.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
And it was non-cash.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Yes.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Maybe Sharon could.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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…
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Yes, where would those—?
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
The accountant sat next to you is smiling. [Laughter.]
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Mike.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Rhianon, did you want to come in on that?
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
There we are.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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…
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
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…
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
It's not a gatekeeper.
10 Hydref 2024 , Finance Committee
Cyllideb Atodol Gyntaf Llywodraeth Cymru 2024-25: Sesiwn dystiolaeth
Talking—. Oh, did you want to come in, Peter?
