Appendix 3    2014‑15 Estimated Outcome Including March Quarterly Report

Key Issues

·       Information on the Estimated Outcome was not presented in the 2014-15 Budget Papers due to the timing of the 2014-15 Budget on 28 August 2014 shortly after the publication of preliminary outcomes information for 2013‑14 (on 12 August 2014). With the return of the Budget to the May preceding the Budget year, Estimated Outcome information is again presented in this Budget Paper.

·       The Estimated Outcome information presented in this appendix reflects financial estimates available to Treasury at the time of the finalisation of the Budget Papers and includes agency assessments of funding requirements, current estimates of State taxation and information available from the Australian Government and Government Businesses.

·       This appendix also meets the information requirements for a March Quarterly Report as specified in Section 26C of the Financial Management and Audit Act 1990. It presents financial results for the nine months ending 31 March 2015 for the General Government Sector and the Consolidated Fund.

·       The estimated General Government Net Operating Balance for 2014‑15 is a $186.2 million deficit, a $99.4 million improvement from the 2014‑15 Budget estimate of a $285.6 million deficit.

·       The actual General Government Net Operating Balance for the nine months to 31 March 2015 is a $139.1 million deficit.

 

 

 


Introduction

This appendix presents the 2014‑15 Estimated Outcome which is based on agency assessments of indicative additional funding requirements or potential savings and revised whole‑of‑government revenue estimates. The latest available information prior to the finalisation of the 2015‑16 Budget Papers is used to form the Estimated Outcome. Estimates are determined using information from a number of sources including the latest State taxation estimates and advice from the Australian Government, Government Business Enterprises, State‑owned Companies and agencies.

Detailed information on the final Outcome for 2014‑15 will be published in:

·       the Preliminary Outcomes Report, required to be published by 15 August 2015 in the event that the preliminary outcomes result differs materially from the Estimated Outcome published in this appendix;

·       the Treasurer's Annual Financial Report, which will be tabled in Parliament by 31 October 2015; and

·       agency Annual Reports, which will be tabled in Parliament by 31 October 2015.

This appendix also meets the information requirements for a March Quarterly Report as specified in Section 26C of the Financial Management and Audit Act. It presents financial results for the nine months ending 31 March 2015 for the General Government Sector and the Consolidated Fund.

The financial statements have been prepared in accordance with applicable Australian Accounting Standards including AASB 1049 Whole of Government and General Government Sector Financial Reporting. Preparation of the Report requires the application of estimation methods in accordance with the principles of AASB 134 Interim Financial Reporting.

General Government Income Statement

Table A3.1 provides details of the Estimated Outcome for 2014‑15, compared to the 2014‑15 Budget estimates.

 


Table A3.1:        General Government Income Statement 2014‑15

 

2014-15)
)

Budget)

2014-15)
Estimated)

Outcome)

2014-15)
March YTD)

Actual)

 

$m)

$m)

$m)

 

 

 

 

Revenue from Transactions

 

 

 

Grants

 3 027.5)

 3 094.3)

 2 357.7)

Taxation

983.2)

998.4)

 743.7)

Sales of Goods and Services

354.1)

357.0)

248.7)

Fines and Regulatory Fees

103.3)

92.9)

76.8)

Interest Income

15.9)

18.2)

9.5)

Dividend, Tax and Rate Equivalent Income

342.9)

369.1)

268.9)

Other Revenue

136.8)

150.6)

123.4)

 

 4 963.7)

 5 080.6)

 3 828.6)

 

 

 

 

Less Expenses from Transactions

 

 

 

Employee Expenses

 2 137.0)

 2 193.2)

1 671.2)

Superannuation

268.3)

289.3)

219.7)

Depreciation

287.0)

287.3)

215.5)

Supplies and Consumables

 1 083.9)

 1 053.5)

 726.7)

Nominal Superannuation Interest Expense

283.1)

268.2)

200.7)

Borrowing Costs

11.0)

10.9)

7.9)

Grant Expenses

 1 148.3)

 1 126.8)

 914.4)

Other Expenses

30.5)

37.6)

11.5)

 

 5 249.3)

 5 266.8)

 3 967.7)

 

 

 

 

Equals NET OPERATING BALANCE

(285.6)

(186.2)

(139.1)

 

 

 

 

Plus Other Economic Flows - Included in Operating Result

 

 

 

Gain/(Loss) on Disposal of Non-Financial Assets

11.3)

16.0)

(0.2)

Movement in Investments in GBEs and SOCs

(347.8)

(140.1)

....)

Movements in Superannuation Liability

....)

1 414.7)

....)

Other Gains/(Losses)

(176.8)

(208.7)

(111.3)

 

(513.2)

1 081.8)

(111.6)

 

 

 

 

Equals Operating Result

(798.8)

895.6)

(250.7)

 


Table A3.1:        General Government Income Statement 2014‑15 (continued)

 

2014-15)

2014-15)

2014-15)

 

 

Estimated)

March YTD)

 

Budget)

Outcome)

Actual)

 

$m)

$m)

$m)

 

 

 

 

Plus Other Economic Flows - Other Movements in Equity

 

 

 

Revaluations of Non-Financial Assets

340.7)

274.8)

206.1)

Other Non-Owner Movements in Equity

3.8)

(12.9)

35.8)

 

344.5)

261.9)

241.9)

 

 

 

 

Equals Comprehensive Result

(454.3)

1 157.6)

(8.8)

 

 

 

 

KEY FISCAL AGGREGATES

 

 

 

 

 

 

 

NET OPERATING BALANCE

(285.6)

(186.2)

(139.1)

 

 

 

 

Less Net Acquisition of Non-Financial Assets

 

 

 

Purchases of Non-Financial Assets

400.8)

290.5)

138.0)

Less Sale of Non-Financial Assets

32.6)

40.5)

35.8)

Less Depreciation

287.0)

287.3)

215.5)

 

81.2)

(37.3)

(113.3)

 

 

 

 

 Equals FISCAL BALANCE

(366.8)

(148.9)

(25.8)

 

 

 

 

 


Revenue Variations

Total revenue for 2014‑15 is estimated to be $5 080.6 million, $116.9 million above the Budget estimate of $4 963.7 million. The major revenue variations are described in Table A3.2.

Table A3.2:        Major Revenue Variations

Revenue Item

Variance from Budget

Reasons

Grants:

$66.8 million higher

 

·       General Purpose Payments

$37 million higher

The increase in General Purpose Payments (GPP) funding is a result of GST revenue being revised upwards by $37 million to reflect the revisions made by the Australian Government. This primarily reflects:

·       a residual adjustment of $14.7 million in GST revenue paid to Tasmania in 2014‑15, as a result of higher than anticipated GST receipts in 2013‑14; and

·       an adjustment as a result of higher than anticipated GST receipts in 2014‑15.

·       Specific Purpose Payments

$26.7 million higher

The increase in Specific Purpose Payments reflects increases in:

·       Students First education reforms funding of $22.6 million; and

·       National Health Reform funding of $4.1 million due to revised activity levels.

·       National Partnership Payments

$4.3 million higher

The increase in National Partnership Payments primarily reflects increases in grants relating to Healthcare ($19.6 million); Community Services ($13.4 million); and Environment ($8.5 million). These have been partially offset by a reduction in grants for Infrastructure in 2014‑15 reflecting a change in rail funding in accordance with matching requirements and revised cash flows for road funding.

Taxation

$15.2 million higher

The increase in Taxation primarily reflects an increase in estimated Conveyance Duties of $20.7 million, which is partially offset by a decrease in Payroll Tax of $6.6 million.


Fines and Regulatory Fees

$10.4 million lower

The reduction in Fines and Regulatory Fees primarily reflects a reclassification of revenue relating to the Asbestos Compensation Fund from Fines and Regulatory Fees to Other Revenue ($8.2 million).


Table A3.2:        Major Revenue Variations (continued)

Revenue Item

Variance from Budget

Reasons

Dividend, Tax and Rate Equivalent Income

$26.2 million higher

The increase in Dividend, Tax and Rate Equivalent Income is primarily due to higher than budgeted Income Tax Equivalents from Tasmanian Networks Pty Ltd of $15.5 million reflecting revised financial forecasts given greater certainty in the Company's operations since its establishment and the outcomes of the capital structure review of the State‑owned electricity businesses; and from Aurora Energy Pty Ltd of $7.1 million reflecting revised customer retention relative to the 2014‑15 Budget estimate.

Other Revenue

$13.8 million higher

The increase in Other Revenue primarily reflects:

·       a reclassification of revenue relating to the Asbestos Compensation Fund from Fines and Regulatory Fees to Other Revenue ($8.2 million); and

·       additional revenue of $2.4 million in the Tasmanian Health Organisations reflecting additional funding from various medical professional colleges for the Training More Specialists Program.

 


Expense Variations

Total expenses for 2014‑15 are estimated to be $5 266.8 million, $17.5 million above the Budget estimate of $5 249.3 million. The major expense variations are described in Table A3.3.

Table A3.3:        Major Expense Variations

Expense Item

Variance from Budget

Reasons

Employee Expenses

$56.2 million increase

The increase in Employee Expenses primarily reflects:

·         Department of Health and Human Services -  reallocation of $8.1 million in expenses from other expense items to Employee Expenses to better align with expected expenditure patterns;

·         Tasmanian Health Organisations - $15.6 million reflecting the Employee Expenses portion of an additional $30 million above Budget expenditure; $7.5 million from the reallocation of the Election Commitment for Rebuilding Health Services from the Department of Health and Human Services; $5 million for employee separation costs; and $4.9 million reflecting the Employee Expenses portion of additional Australian Government funding for the Tasmanian Health Assistance Package;

·         Department of State Growth - additional expenditure of $7.5 million for employee separation costs; and

·         the impact of delays in the timing of employee separations compared to budgeted employee savings.

Superannuation

$21 million increase

The increase in Superannuation expense reflects the most recent actuarial estimates of the Superannuation liability.

 


Table A3.3:        Major Expense Variations (continued)

Agency

Variance from Budget

Reasons

Supplies and Consumables

$30.4 million decrease

The decrease in Supplies and Consumables primarily reflects a reduction in Finance‑General due to lower than expected costs for the Tasmanian Risk Management Fund ($14 million); cash flow adjustments for the parliament square project; and the amortisation of the Treasurer’s Reserve ($10 million).

Nominal Superannuation Interest Expense

$14.9 million decrease

The decrease in Nominal Superannuation Interest Expense reflects the latest actuarial projection of the Government’s Superannuation liability.

Grant Expenses

$21.5 million decrease

The decrease in Grant Expenses primarily reflects:

·         Finance‑General - the deferral of expected payments under the Tasmanian Forest Agreement from 2014‑15 to 2015‑16 ($8.5 million);

·         Department of State Growth - savings of $11 million have been achieved as a consequence of the International Shipping election commitment no longer being required given the extension of the Tasmanian Freight Equalisation Scheme for international exports being shipped to mainland ports. Future year savings have been redirected to fund rail infrastructure; and

·         the deferral of expected payments for the Academy of Creative Industries and Performing Arts ($7.4 million) and Regional Revival Fund ‑ Craggy Ridge project ($3.4 million) from 2014‑15 to 2015‑16.

These decreases have been partly offset by additional Australian Government grants to Non‑Government Schools under the Students First education reforms of $14.4 million.

Other Expenses

$7.1 million increase

The increase in Other Expenses primarily reflects the expenditure of the proceeds of sale from the Hayes Prison Farm of $2.1 million and an increase in Other Expenses relating to the Asbestos Compensation Fund of $2 million to better reflect expenditure patterns in the Department of Justice.

 


Other Economic Flows ‑ Included in Operating Result

Other economic flows ‑ Included in the Operating Result is estimated to be an inflow of $1 081.8 million in 2014‑15, which is $1 595 million higher than the 2014‑15 Budget of a $513.2 million outflow.  The major changes are detailed in Table A3.4.

Table A3.4:        Other Economic Flows - Included in Operating Result Variations

Item

Variance from Budget

Reasons

Movement in Investment in GBEs and SOCs

$207.7 million higher

The increase in the Movement in Investment in GBEs and SOCs primarily relates to additional impairment, undertaken in 2013‑14, of electricity generation assets. This lowered the opening balance for the equity investment by $134.7 million and thus reduced the revaluation decrement for 2014-15. There is also an anticipated increase of $73 million in net assets for the PNFC Sector held at 30 June 2015.

Movements in Superannuation Liability

$1 414.7 million higher

The increase in the Superannuation Liability reflects the latest actuarial valuation. The increase primarily reflects the difference between the discount rate applied by the State Actuary, in accordance with Australian Accounting Standard AASB 119 Employee Benefits, for financial reporting purposes and the estimated long‑term bond rate which is used for Budget purposes.

 

 

 


Net Acquisition of Non‑Financial Assets

Net Acquisition of Non‑Financial Assets for 2014-15 is estimated to be negative $37.3 million, $118.5 million below the Budget estimate of $81.2 million. The major variations in the Net Acquisition of Non‑Financial Assets are described in Table A3.5.

Table A3.5:        Major Net Acquisition of Non‑Financial Assets Variations

Item

Variance from Budget

Reasons

Purchases of Non‑Financial Assets

$110.3 million decrease

The decrease in Purchases of Non‑Financial Assets primarily reflects revised cash flows for:

·     Department of Education of $13.9 million including Brooks High School ($7.9 million), New Town High School ($2 million) and Year 7‑12 Implementation ($1.4 million);

·     Department of Health and Human services of $62.5 million including the Royal Hobart Hospital Redevelopment ($31.4 million), Statewide Cancer Services ($8.3 million), Housing projects ($6 million) and Glenorchy and Kingston Community Health Services facilities ($4.4 million); and

·     Department of State Growth mainly reflecting timing changes in the Roads Program.

Actual Expenditure to 31 March 2015 on Purchases of Non‑Financial Assets is significantly below pro rata estimated expenditure.  This is primarily due to the timing of expenditure by the Department of Health and Human Services relating to the Royal Hobart Hospital Redevelopment and the Department of State Growth in relation to the Roads Program. This expenditure is now reflected in the 2015‑16 Budget and Forward Estimates.

Sale of Non‑Financial Assets

$7.9 million increase

The increase in Sale of Non‑Financial Assets primarily reflects the sale of the parliament square site as part of the parliament square project ($8.3 million).

 

 


General Government Balance Sheet

Table A3.6:        General Government Balance Sheet

 

2015)

2015)

2015)

 

)

Estimated)

March YTD 

 

Budget)

Outcome)

Actual 

 

$m)

$m)

$m)

 

 

 

 

Assets

 

 

 

Financial Assets

 

 

 

Cash and Deposits

1 041.1)

1 136.4)

 1 554.1 

Investments

 77.7)

 62.2)

 52.9 

Equity Investment in PNFC and PFC Sectors

 4 331.7)

4 404.7)

 4 539.8 

Other Equity Investments

14.7)

 17.7)

 16.1 

Receivables

 304.3)

 334.8)

363.8 

Other Financial Assets

 755.2)

698.1)

 796.6 

 

 6 524.8)

6 653.9)

 7 323.2 

 

 

 

 

Non‑Financial Assets

 

 

 

Land and Buildings

5 829.6)

5 800.0 

5 765.1 

Infrastructure

4 634.4)

4 449.3 

 4 357.9 

Plant and Equipment

231.2)

246.3 

 259.7 

Heritage and Cultural Assets

 485.0)

478.5 

 466.1 

Investment Property

11.9)

18.7 

11.6) 

Intangibles

 35.1)

44.9 

 37.3 

Assets Held for Sale

 10.9)

7.9 

9.2) 

Other Non‑Financial Assets

 36.9)

30.8 

 32.0 

 

 11 274.9)

11 076.4 

 10 938.8 

 

 

 

 

Total Assets

 17 799.7)

17 730.2)

18 262.0 

 

 

 

 

Liabilities

 

 

 

Borrowings

 930.6)

834.5)

1 149.6 

Superannuation

 5 448.0)

5 338.4)

6 735.8 

Employee Entitlements

 561.7)

578.9)

 579.9 

Payables

 91.0)

 111.5)

106.9 

Other Liabilities

408.7)

 379.3)

400.0 

Total Liabilities

 7 439.9)

7 242.6)

 8 972.1 

 

 

 

 

NET ASSETS

 10 359.7)

10 487.6)

9 289.8 

 

 

 

 


Table A3.6:        General Government Balance Sheet (continued)

 

2015)

2015)

2015)

 

)

Estimated)

March YTD 

 

Budget)

Outcome)

Actual 

 

$m)

$m)

$m)

Equity

 

 

 

Accumulated Funds

 5 434.6)

5 730.7)

4 601.6 

Asset Revaluation Reserve

 4 925.2)

4 756.9)

 4 688.2 

Total equity

 10 359.7)

10 487.6)

9 289.8 

 

 

 

 

KEY FISCAL AGGREGATES

 

 

 

 

 

 

 

NET WORTH1

10 359.7)

10 487.6)

 9 289.8 

NET FINANCIAL WORTH2

 (915.1)

(588.8)

 (1 648.9)

NET FINANCIAL LIABILITIES3

 5 246.8)

4 993.5)

 6 188.7 

NET DEBT4

 (188.3)

(364.1)

(457.4)

 

 

 

 

Notes:

1.   Net Worth represents Total Assets (both Financial and Non‑Financial) less Total Liabilities.

2.   Net Financial Worth represents Total Financial Assets less Total Liabilities.

3.   Net Financial Liabilities represents Total Liabilities less Financial Assets, excluding Equity Investment in the PNFC and PFC Sectors.

4.   Net Debt represents Borrowings less the sum of Cash and Deposits and Investments.

 


General Government Cash Flow Statement

Table A3.7:        General Government Cash Flow Statement

 

2014-15)

2014-15)

2014-15)

 

)

Estimated)

March YTD 

 

Budget)

Outcome)

Actual 

 

$m)

$m)

$m)

 

 

 

 

Cash Flows from Operating Activities

 

 

 

Cash Received from Operating Activities

 

 

 

Grants Received

3 027.5 

3 092.1 

 2 356.2 

Taxation

983.4 

998.6 

 740.1 

Sales of Goods and Services

 353.8 

362.9 

 242.5 

Fines and Regulatory Fees

103.3 

92.9 

 76.0 

Interest Received

16.1 

18.4 

 8.8 

Dividend, Tax and Rate Equivalents

 576.7 

576.9 

 451.9 

Other Receipts

 305.9 

319.9 

 250.2 

 

 5 366.7 

5 461.7 

4 125.7 

 

 

 

 

Cash Payments for Operating Activities

 

 

 

Employee Entitlements

(2 128.6)

(2 187.8)

(1 666.4)

Superannuation

(397.3)

(427.3)

(315.9)

Supplies and Consumables

(1 097.3)

(1 070.7)

(716.6)

Borrowing Costs

(10.8)

(11.0)

(1.4)

Grants and Subsidies Paid

(1 148.4)

(1 127.2)

(898.8)

Other Payments

(199.8)

(205.4)

(140.2)

 

(4 982.1)

(5 029.3)

(3 739.3)

 

 

 

 

Net Cash Flows from Operating Activities

 384.6 

432.4)

386.4 

 

 

 

 

Cash Flows from Investing Activities

 

 

 

Net Cash Flows from Non‑Financial Assets

 

 

 

Purchases of Non‑Financial Assets

(400.3)

(290.1)

(138.0)

Sales of Non‑Financial Assets

 36.8 

44.7 

35.8 

 

(363.5)

(245.4)

(102.2)

Net Cash Flows from Financial Assets
(Policy Purposes)

 

 

 

Equity Injections

(42.8)

(30.1)

(31.4)

Net Advances Paid

(20.6)

(13.8)

(7.2)

 

(63.4)

(43.9)

(38.6)

 

 

 

 

 

 

 

 

Table A3.7: General Government Cash Flow Statement (continued)

 

2014-15)

2014-15)

2014-15)

 

)

Estimated)

March YTD 

 

Budget)

Outcome)

Actual 

 

$m)

$m)

$m)

 

 

 

 

Net Cash Flows from Financial Assets (Liquidity Purposes)

 

 

 

Net Purchase of Investments

0.7 

....  

0.2)

 

0.7 

....  

0.2)

 

 

 

 

Net Cash Flows from Investing Activities

(426.2)

(289.3)

(140.7)

 

 

 

 

Net Cash Flows from Financing Activities

 

 

 

Net Borrowing

( 229.5)

 (315.2)

(0.1)

 

 (229.5)

 (315.2)

(0.1)

 

 

 

 

Net Increase/(Decrease) in Cash Held

(271.2)

(172.1)

245.6)

 

 

 

 

Cash at Beginning of the Year

 1 312.4 

1 308.5 

 1 308.5 

Cash at End of the Year

 1 041.1 

1 136.4 

 

 1 554.1 

 

 

 

 

KEY FISCAL AGGREGATES

 

 

 

 

 

 

 

Net Cash Flows from Operating Activities

384.6 

432.4)

 386.4 

Plus Net Cash from Investments in Non‑Financial Assets

(363.5)

(245.4)

(102.2)

Equals CASH SURPLUS/(DEFICIT)

21.0)

187.0)

284.2)

 

 

 

 

 


Consolidated Fund

Table A3.8:        Consolidated Fund Outcomes

 

2014-15 

2014-15 

2014-15 

 

 

Estimated 

March YTD 

 

Budget 

Outcome 

Actual 

 

$m 

$m 

$m 

Recurrent receipts

 

 

 

Australian Government sources

 

 

 

General purpose payments

1 911.4 

1 948.4 

1 449.7 

Specific purpose payments

423.4 

445.9 

397.4 

National Partnership Payments

72.1 

72.6 

54.5)

Other Grants and Subsidies

0.1 

0.1 

....)

 

2 407.0 

2 467.0 

1 901.6 

State sources

 

 

 

Taxation

862.4 

 877.6)

665.1 

Receipts from government businesses

601.8 

601.5)

465.1 

Departmental fees and recoveries

90.1 

 89.0)

70.1 

Recoveries of State debt charges

0.1 

0.1)

....)

Sale and rent of government property

5.0 

 5.0)

....)

Resource rents and royalties

31.3 

 31.3)

19.3 

Other recurrent receipts

135.0 

 163.1)

96.9 

 

1 725.7 

 1 767.6)

1 316.5 

Capital receipts

 

 

 

State sources

 

 

 

Other capital receipts

3.3 

3.5)

2.4)

 

3.3 

3.5)

2.4)

 

 

 

 

Total Receipts

4 136.0 

4 238.1)

3 220.4 

 

 

 

 

Less Expenditure

 

 

 

Recurrent services

 

 

 

Appropriation Act

3 423.5 

 3 447.5)

2 607.1 

Reserved by Law

297.9 

327.9)

239.1 

 

3 721.3 

 3 775.5)

2 846.2 

Works and services

 

 

 

Capital Investment Program

159.2 

149.6)

82.9 

 

159.2 

 149.6)

82.9 

 

 

 

 

Total Expenditure

3 880.6 

 3 925.0)

2 929.1 

 

 

 

 

CONSOLIDATED FUND SURPLUS

255.4)

313.1)

291.4)

 

 

 

 


Table A3.9:        Consolidated Fund Expenditure by Agency

 

2014-15 

2014-15 

2014‑15 

 

 

Estimated 

March YTD 

 

Budget 

Outcome 

Actual 

 

$m 

$m 

$m 

 

 

 

 

Education

 

 

 

Recurrent services

1 093.7 

 1 109.1)

896.2 

Works and services

16.5 

 13.1)

1.8 

 

1 110.1 

 1 122.2)

898.0 

Finance‑General

 

 

 

Recurrent services

494.5 

 529.2)

359.9 

 

494.5 

529.2)

359.9 

Health and Human Services

 

 

 

Recurrent services

1 108.7 

 1 123.9)

804.5 

Works and services

7.9 

 7.4)

0.6 

 

1 116.6 

 1 131.3)

805.2 

House of Assembly

 

 

 

Recurrent services

7.6 

7.8)

5.6 

 

7.6 

7.8)

5.6 

Integrity Commission

 

 

 

Recurrent services

2.4 

 2.4)

1.8 

 

2.4 

2.4)

1.8 

Justice

 

 

 

Recurrent services

132.0 

 134.8)

104.6 

Works and services

6.0 

 6.0)

3.7 

 

138.0 

 140.8)

108.3 

Legislative Council

 

 

 

Recurrent services

6.4 

 6.6)

5.0 

 

6.4 

 6.6)

5.0 

Legislature‑General

 

 

 

Recurrent services

5.8 

6.1)

4.7 

 

5.8 

6.1)

4.7 

Ministerial and Parliamentary Support

 

 

 

Recurrent services

17.6 

 18.4)

14.5 

 

17.6 

 18.4)

14.5 

Office of the Director of Public Prosecutions

 

 

 

Recurrent services

7.1 

 7.4)

5.7 

 

7.1 

 7.4)

5.7 

 

 

 

 

 

 

 

 

 


Table A3.9:        Consolidated Fund Expenditure by Agency (continued)

 

2014-15 

2014-15 

2014-15 

 

 

Estimated 

March YTD 

 

Budget 

Outcome 

Actual 

 

$m 

$m 

$m 

Office of the Governor

 

 

 

Recurrent services

3.4 

 3.6)

2.7 

 

3.4 

 3.6)

2.7 

Office of the Ombudsman

 

 

 

Recurrent services

2.1 

 2.0)

1.3 

 

2.1 

 2.0)

1.3 

Police and Emergency Management

 

 

 

Recurrent services

183.8 

 184.3)

144.6 

Works and services

0.5 

 0.5)

....) 

 

184.3 

184.8)

144.6 

Premier and Cabinet

 

 

 

Recurrent services

79.3 

 80.8)

64.8 

Works and services

1.1 

1.1)

.... 

 

80.4 

 81.9)

64.8 

Primary Industries, Parks, Water and Environment

 

 

 

Recurrent services

128.6 

 129.6)

100.5 

Works and services

8.5 

 4.8)

1.3 

 

137.2 

 134.4)

101.8 

State Growth

 

 

 

Recurrent services

384.0 

 364.9)

284.8 

Works and services

117.5 

115.5)

74.8 

 

501.5)

480.4)

359.7)

Tasmanian Audit Office

 

 

 

Recurrent services

2.2 

2.2)

1.7 

 

2.2 

 2.2)

1.7 

Tourism Tasmania

 

 

 

Recurrent services

24.6 

24.6)

15.3 

 

24.6 

 24.6)

15.3 

Treasury and Finance

 

 

 

Recurrent services

37.5 

 37.7)

27.7 

Works and Services

1.3)

1.3)

0.6)

 

38.8)

 39.0)

28.3 

 

 

 

 

TOTAL

3 880.6 

3 925.0)

2 929.1