Wednesday, November 27, 2013

PESA 2013 Update for 2015-16

On October 24, 2013, HM Treasury issued an update to its Public Expenditure Statistical Analyses (PESA) for 2013. uses the PESA tables of public spending at the "sub-function" level as its major data source for UK public spending.
The update provides spreadsheets detailing planned spending for the year 2015-16. has now updated its spending tables using data from the PESA 2013 update. The update includes outturn spending data for 2012-13, and plans data for 2013-14, 2014-15 and 2015-16. uses PESA's Table 6.4 for Central Government expenditure, Table 7.4 for Local Authority expenditure, and Table 8.3 for Public Corporation capital expenditure.
Since HM Treasury does not provide plans estimates for Local Authority spending in Table 7.4, provides "guesstimates" instead. This is done by extending the percentage increase in spending between 2011-12 and 2012-13 for each function for the plans year. It is assumed that local authority spending reductions will not carry through to plans years.