Statement of Principles
Directly Funded Bodies (DFBs) receive their funding from the Welsh Consolidated Fund; these include the:
- Senedd Commission;
- Auditor General for Wales and the Wales Audit Office;
- Public Services Ombudsman for Wales; and
- Electoral Commission – ((The Senedd and Elections (Wales) Act 2020 provides for the funding of the Electoral Commission’s work on devolved Welsh elections and devolved Welsh referendums from the Welsh Consolidated Fund)).
During the Fifth Senedd, the Finance Committee undertook a short inquiry into the funding of Directly Funded Bodies. The aim of the inquiry was to ensure a consistent approach was taken by DFBs when preparing their annual budget proposals.
In May 2019, as an output of this inquiry, the Committee issued a Statement of Principles (PDF, 224KB) that the Committee expected DFBs to have regard to when making budget proposals.
The Statement of Principles gave a commitment that the Committee would review the document the year of implementation and periodically thereafter.
On 8 July 2021, the Committee agreed that DFBs* should continue to follow the current Statement of Principles (PDF, 294KB) when preparing their budget documentation.
The Committee will look to review these Principles during this Senedd term.
*Senedd Commission; Auditor General for Wales and the Wales Audit Office; Public Services Ombudsman for Wales
Business type: Budget Scrutiny
Reason considered: Senedd Business;
Status: For consideration
First published: 04/08/2021
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- Letter from the Minister for Finance and Local Government: Financial information for Directly Funded Bodies to consider in their budget planning - 2 August 2021 PDF 263 KB
- Letter from the Chair of the Finance Committee to the Chair of the Llywydd’s Committee: Financial oversight of bodies funded directly via the Welsh Consolidated Fund - 15 July 2021 PDF 207 KB
- Statement of Principles that the Finance Committee of the Senedd expects Directly Funded Bodies to have regard to when making budget proposals - July 2021 PDF 294 KB View as HTML (4) 32 KB
- Statement of Principles that the Finance Committee of the Senedd expects Directly Funded Bodies to have regard to when making budget proposals – May 2019