Government’s revenue budget is forecasting a surplus of £2.86m for 2017-18.
Total income for the year is estimated at £964m, an increase of 4.8% over the equivalent figure for 2016-17.
Government's gross spending is estimated at £1,030m in 2017/18, an increase of £17m (1.65%) on the equivalent figure for 2016-17 and an average spend across all services of around £2.8m a day.
The operating balance, needed for contingency and cashflow purposes, is forecast to be £68m or 7 % of gross spending by the end of 2017-18.
A Central Contingency Budget of £3m is retained to allow some flexibility for the financing of unbudgeted inflationary costs and any other unforeseeable items, as is the separate Contingency Fund with a further balance of over £3m to meet unexpected, unavoidable or unplanned expenses.
A new Five Year Financial Plan is in place to deliver truly sustainable public finances by 2021-22.
A Capital Programme of £88m is forecast for the year, which will be funded without recourse to external borrowing.