Report on Pre-Budget Scrutiny 2025-26 - Managing Scotland's Public Finances: A Strategic Approach

PDF Published: Thursday 07 Nov 2024 (FPA062024R9)

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Overview
Report

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Overview
Report
- Introduction
- Context for pre-budget 2025-26 scrutiny
- Economic and fiscal context
- A Strategic Approach?
  - Scottish Government priorities
  - Budgeting approaches
  - Sustainability of key spending decisions
    
    Public sector pay
    
    Social security spending
    
    ScotWind revenues
    
    Bonds
  - Approach to taxation
    
    Tax Strategy
    
    Income tax policy
    
    Other national taxes
  - Sustainability of local government finances
    
    Financial pressures and flexibilities
    
    Council Tax reform
  - Growing the economy
    
    Growing the tax base
    
    Labour market participation and productivity
    
    Capital expenditure
    
    EU Replacement Funds
  - Public service reform
    
    Scottish Government's Public Service Reform Programme
    
    Digitalisation
  - Conclusion
Sources

A mosaic of 4 photos showing the Committee meeting with young people, business and public sector organisations at the University of Dundee

Image: Photo 1: Committee's discussions with young people and business and public sector organisations in Dundee, 28 August 2024

A bar chart in descending order showing the outcomes of the Committee's pre-budget scrutiny event.

Image: Figure 1: Outcomes of Dundee engagement event

A photo showing Committee members listening to a scientist in a laboratory during the visit to the University of Dundee Life Sciences department as part of its business planning day.

Image: Photo 2: Committee visit to University of Dundee School of Life Sciences, 29 August 2024

A line graph of different colours showing reasons for economic inactivity in Scotland for ages 16 to 64 from 2006 to 2022

Image: Figure 2: Economic Inactivity by Reason, Scotland, 16-64

A photo of Committee members meeting parliamentarians in Estonia during the Committee's fact finding visit in September 2024.

Image: Photo 3: The Committee’s fact-finding visit to Estonia included discussions with Members of the Riigikogu Finance and Economy Committees

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Professor David Heald. (2024). Written submission, Managing Scotland's Public Finances: A Strategic Approach. Retrieved from https://yourviews.parliament.scot/finance/managing-scotlands-public-finances/consultation/view_respondent?show_all_questions=0&sort=submitted&order=ascending&_q__text=Professor+David+Heald&uuId=941013795

Royal Society of Edinburgh. (2024). Written submission, Managing Scotland's Public Finances: A Strategic Approach. Retrieved from https://yourviews.parliament.scot/finance/managing-scotlands-public-finances/consultation/view_respondent?show_all_questions=0&sort=submitted&order=ascending&_q__text=Royal+Society&uuId=772638160

Fraser of Allander Institute. (2024). Written submission, Managing Scotland's Public Finances; A Strategic Approach. Retrieved from https://yourviews.parliament.scot/finance/managing-scotlands-public-finances/consultation/view_respondent?show_all_questions=0&sort=submitted&order=ascending&_q__text=Fraser+of+Allander&uuId=133058654

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Audit Scotland. (2024). Written submission, Managing Scotland's Public Finances: A Strategic Approach. Retrieved from https://yourviews.parliament.scot/finance/managing-scotlands-public-finances/consultation/view_respondent?show_all_questions=0&sort=submitted&order=ascending&_q__text=Audit+Scotland&uuId=403702691

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Institute of Chartered Accountants of Scotland (ICAS). (2024). Written submission, Managing Scotland's Public Finances: A Strategic Approach. Retrieved from https://yourviews.parliament.scot/finance/managing-scotlands-public-finances/consultation/view_respondent?show_all_questions=0&sort=submitted&order=ascending&_q__text=chartered+accountants&uuId=91668761

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Last Updated: 4/2 12:26pm

Image: Photo 1: Committee's discussions with young people and business and public sector organisations in Dundee, 28 August 2024

Image: Figure 1: Outcomes of Dundee engagement event

Image: Photo 2: Committee visit to University of Dundee School of Life Sciences, 29 August 2024

Image: Figure 2: Economic Inactivity by Reason, Scotland, 16-64

Image: Photo 3: The Committee’s fact-finding visit to Estonia included discussions with Members of the Riigikogu Finance and Economy Committees

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