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Isle of Man Budget 2024


Maugholdmafia

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11 hours ago, Two-lane said:

If one, or even a few, persons can make a difference I think that can be handled when the annual budget is reviewed.

They could note that they were on target except that <name redacted> got ill and put the figures off a bit. Or similar.

80,000 is a small number compared to England, but on the other hand the exceptions are so few they can be analysed individually rather than as a group.

I get the impression that the figures are just a matter of bargaining, rather than a business-like analysis. Above, Banker says that someone did produce a formula.

But, because 85,000 is a small number, statistically, when compared with the tens of  millions many health services provide for, a few outliers can skew budget figures.

But what has skewed our DHSC figures for decades has been chronic underfunding that ensured supplemental budget requests during the year. But the budget process always looked at the supplemental as an anomaly and when setting the next year budget just went back to the original previous year figure and added a small increase for inflation.

At least Sir Jonathan Michael’s recognised this. His report wasn’t just about setting up Manx Care, it was about moving funding to an adequate level.

Problem is, when Manx Care came along, so did covid. That had two issues for budgets; first, the direct cost of covid treatment, second, the cancellation of many other treatments with resultant hikes in waiting lists.

The first is now history. The second is being dealt with by the funding of special efforts to catch up in problematic areas.

They both delayed the Michaels funding proposals being implemented in 20/21, 21/22, 22/23 and 23/24, to any significant extent.  24/25 is the first year for that. We are on track. Let’s see how it goes.

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1 hour ago, Banker said:

Henderson appears again, thought he had retired as haven’t heard from him for some time!

https://www.manxradio.com/news/isle-of-man-news/govt-finances-under-pressure-from-all-angles/

No point blaming the wages bill , its time  some were weeded out and we cut our cloth accordingly ,and after the Budget were recruiting another 40 for the personel  and human resourses    madness ! 

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Having the CS Unions already looking for pay rises to offset the 10% /2% tax increase (Depending on how you do the maths) ,  is really not a good look but I would wager that the the CS unions will get their way.

ETA What is the chances of a "CS Levy" tax in the next few years to cover them on top of the proposed "Health Service levy" tax  to replace the income tax increase?

 

 

Edited by Blade Runner
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And exactly what are we getting for that money? Govt per head of population spend figures released earlier this week don't account for more than a quarter of the spend.

Screenshot_20240225-173929_Samsung Internet.jpg

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45 minutes ago, Non-Believer said:

And exactly what are we getting for that money?

Rampant bureaucracy , legacy debt, fantasy projects out of control, upside down triangle public services and utterly useless politicos !

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20 hours ago, asitis said:

Rampant bureaucracy , legacy debt, fantasy projects out of control, upside down triangle public services and utterly useless politicos !

Makes you wonder how bothered people would be with the 2% rise if we weren't 100% certain that it wasn't going to be wasted upon CS wage bill, pensions, legal cases/pay-offs or vanity projects.  Any claims it will be for anything else are just bullshit. 

Being pragmatic, I can't really blame the MHKs.  It's the Civil Service that is now out of control and has been for several years.  It's become evident that the MHKs don't have any control over them, despite how hard they may try (or not). 

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31 minutes ago, The Phantom said:

Makes you wonder how bothered people would be with the 2% rise if we weren't 100% certain that it wasn't going to be wasted upon CS wage bill, pensions, legal cases/pay-offs or vanity projects.  Any claims it will be for anything else are just bullshit. 

It’s a culture war between the residents of Disneyland and Dismaland

https://fearandloathing2021.wixsite.com/fearandloathingblog/post/welcome-to-dismaland-2024

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If you were a family in UK on £35,000, putting savings into a tax free ISA ( max £20,000 per year) and with reliable child care for your children you may not be lured to the Isle of Man.

You may even be renting out a room and getting £7,500 tax free there too.

 

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22 hours ago, Amadeus said:

Well relax kids, we’re all just ungrateful. 

 

Hooper is the most arrogant and useless individual in Keys. His condescending attitude towards any criticism or questioning is insufferable. My fervent wish is that he goes back to being a minor accountant as soon as possible and we hear nothing from him again. Ever. 

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