Go to top of page

Note 15: Aboriginals Benefit Account Section 64(1) Appropriations

Note 15: Aboriginals Benefit Account Section 64(1) Appropriations

Annual Appropriations - Monetary assets

Output group

Approved Estimates

Actual Expenditure

Variance

Actual Expenditure funded by Section 64(1)

Actual Expenditure funded by Other Sources

$

$

$

$

$

Land & Resource Management

467,008

409,055

57,953

409,055

-

Economic Development

639,298

521,232

118,066

521,232

-

Advocacy

2,178,341

2,326,355

(148,015)

2,178,341

148,015

Administration & Support

3,463,421

2,968,831

494,590

2,968,831

-

Covid - 19

1,000,000

285,357

714,643

285,357

-

7,748,068

6,510,831

1,237,237

6,077,459

148,015

The Anindilyakwa Land Council, in the 2019-20 financial year, carried out activities identified as priorities by the Traditional Owners of the Groote Eylandt archipelago across the four output groups that resulted in the incurrence of expenditure above the allocation of Section 64(1) funding.

Reconciliation to Operating Expenditure

2020

$

Total Actual Expenditure

6,510,831

Add Non-Budget Items:

Depreciation

934,570

Expenses funded by grants

1,692,528

Expenses funded by own sources

7,893,566

17,031,495

Aboriginals Benefit Account cash release during the reporting periods:

2020

2019

$

$

Section 64(1)

7,748,068

4,113,000

Section 64(4)

-

210,000

7,748,068

4,323,000