top-sliced

top-sliced

A British financial term referring to a reduction in resource allocation applied proportionally across all budget lines.
References in periodicals archive ?
Or 99% in English - take your pick But still Wrexham Council has the discriminatory Office of the Welsh Language Commissioner on their backs making questionably reasonable demands under the discriminatory Welsh Language Measure As usual, cost is no object to the taxpayer-funded Welshlanguage industry and it's all money top-sliced from front-line services.
Actually British taxpayers' money, top-sliced in Europe with a pittance doled back on a begging bowl.
Head teacher Caroline Pryer said Northumberland County Council top-sliced the school's funding by PS75,000 for the financial year 2012/13 to support smaller schools across the county and this year it is scheduled to lose a further PS59,000.
Mr Bailey fears the PS286m top-sliced farm payments may disappear into a funding black hole.
It is being top-sliced from the formula grant and redistributed via the New Homes Bonus.
Now the companies have been forced to employ private consultants and lawyers - with the cost effectively top-sliced off the headline grant figure.
Far from being a bonus, it finds that many northern local authorities will actually lose cash - because most of the funding from the bonus will be top-sliced from existing grants to local authorities.
Mr Farry has pledged to identify efficiency savings to offset this gap but will also be assisted by funds top-sliced from other Stormont departments, excluding health, justice and education.
Councils are having their budgets top-sliced by pounds 400m - up to seven times more than necessary they complain - with the money going to new academies nationwide to buy in support services, including from private firms.
Money for the Wales Office is top-sliced off the budget for the National Assembly as well and could be put to far better use in the Assembly.
The group requires all racecourses to agree a prizemoney contract, which would come into play after money raised had been top-sliced to pay for the governance and regulation of the sport.
The top-sliced gain is the total gain divided by the total years the plan has been held, or PS8,000.