Written statement to Parliament
2010 to 2011: departmental expenditure limit
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Explains how DfT's departmental expenditure limit will be amended for 2010 to 2011.
Subject to parliamentary approval, the Department for Transport departmental expenditure limit (DEL) for 2010 to 2011 will be amended as set out in the following table:
1 Depreciation, which forms part of resource DEL, is excluded from the total DEL, since capital DEL includes capital spending and to include depreciation of those assets would lead to double counting.
The switch between resource and capital expenditure limits is to cover the cost of funding various rail schemes directly following a review of the Network Rail regulated asset base.