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Scottish Budget 2023-24

(3 posts)
  • Started 1 year ago by Morningsider
  • Latest reply from chdot

  1. Morningsider
    Member

    SPOKES have done their usual excellent job of crunching the numbers on the Scottish Budget.

    One thing that seems to have flown under the radar is that the budget for the Low Carbon Transport Loan Fund, which is used to fund interest free loans for e-bikes, has been reduced from £10.5m in 2022-23 to zero in 2023-24. The Scottish Government states "Recycled loan funds will be utilised to maintain the Low Carbon Transport interest free loan scheme." However, I can't see how that will work in practice. Loan repayments in 2023-24 were predicted to be £0.5m, knock off administration costs and the scheme will have almost no funds to lend.

    Also worth remembering that the Scottish Government took £28.5m out of this years budget for active travel and green buses. The headline figures bandied about on budget day may not represent what actually ends up being spent.

    Posted 1 year ago #
  2. LaidBack
    Member

    Without EST loans many would not go for an e-cargo. Family budgets are stretched and every bit helps.
    The Greens wouldn't be happy if this funding was removed though?

    Posted 1 year ago #
  3. chdot
    Admin

    NEW: The Scottish Gov said they are > the resources to councils by £550m.

    A document by council chiefs says the cash figure, once policy commitments are covered, is £71m

    https://mobile.twitter.com/paulhutcheon/status/1603475931921846278

    Posted 1 year ago #

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