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F. Funding

Departmental appropriations (adjusted for any formal additions and reductions) are recognised as revenue from Government when Finance gains control. Appropriations receivable are recognised at their nominal amounts.

Administered appropriations are not recognised as revenue in the Schedule of Comprehensive Income. They are included in the Administered Reconciliation Schedule at the date they are drawn down to Finance’s bank account for payment against the appropriation for annual and special appropriations, or the date stated in the determination for other Administered amounts.

F1. Annual appropriations

F1.1 Annual appropriations ('recoverable GST exclusive')

Departmental

Administered

30 June

30 June

30 June

30 June

2021

2020

2021

2020

$'000

$'000

$'000

$'000

Ordinary annual services

Annual Appropriation

Ordinary annual services

709,837

283,779

300,406

279,402

Capital budget

6,445

6,476

5,223

5,145

Section 74 receipts of PGPA Act

71,861

70,129

921

957

Total

788,143

360,384

306,550

285,504

Appropriation applied1

(793,369)

(375,651)

(295,373)

(321,300)

Variance

(5,226)

(15,267)

11,177

(35,796)

Other services

Annual appropriation

Equity injection

2,183

155,672

-

-

Assets and liabilities

-

-

348,873

281,623

Total

2,183

155,672

348,873

281,623

Appropriation applied1

(21,403)

(197,821)

(221,419)

(333,911)

Variance

(19,220)

(42,149)

127,454

(52,288)

1 Appropriation applied includes cash payments made from current and prior year appropriations.

CSC has spent money from the CRF on behalf of Finance. The money spent has been included in the table above.

Departmental and Administered capital budgets are appropriated through Appropriation Acts (No.1, 3, 5). They form part of ordinary annual services and are not separately identified in the Appropriation Acts.

F1.2 Unspent annual appropriations ('recoverable GST exclusive')

Departmental

Administered

30 June

30 June

30 June

30 June

2021

2020

2021

2020

$'000

$'000

$'000

$'000

Appropriation Act (No. 1) 2020-211

46,484

n/a

20,801

n/a

Appropriation Act (No. 1) 2020-21 - Capital

-

n/a

2,176

n/a

Appropriation Act (No. 2) 2020-21

-

n/a

182,560

n/a

Appropriation Act (No. 3) 2020-21

651

n/a

1

n/a

Supply Act (No. 1) 2020-21

9

n/a

347

n/a

Supply Act (No. 1) 2020-21 - Capital

2,623

n/a

3,047

n/a

Supply Act (No. 2) 2020-21

676

n/a

32,609

n/a

Appropriation Act (No. 1) 2019-20

110

19,160

-

6,014

Appropriation Act (No. 1) 2019-20 - Capital

-

-

-

3,001

Appropriation Act (No. 2) 2019-20

954

3,283

-

24,124

Appropriation Act (No. 3) 2019-20

-

31

-

1,691

Appropriation Act (No. 4) 2019-20

-

-

768

1,639

Supply Act (No. 1) 2019-20

48

32,532

-

1,007

Supply Act (No. 1) 2019-20 - Capital

-

219

2,060

2,144

Supply Act (No. 2) 2019-20

2,365

2,365

-

62,251

Appropriation Act (No. 1) 2018-19

-

4,926

-

3,683

Appropriation Act (No. 1) 2018-19 - Capital

-

-

-

392

Appropriation Act (No. 2) 2018-19

7,330

24,896

-

-

Appropriation Act (No. 3) 2018-19

-

-

-

245

Appropriation Act (No. 4) 2018-19

-

-

-

470

Appropriation Act (No.1) 2017-18

-

8

-

-

Appropriation Act (No. 2) 2017-182

-

39,853

-

-

Total unspent appropriations

61,250

127,273

244,369

106,661

Reconciliation to appropriations receivable (other departmental undrawn)

Departmental

30 June

30 June

2021

2020

$'000

$'000

Total unspent appropriations

61,250

127,273

Adjustments

Cash at bank - 30 June

(2,572)

(1,144)

Expected GST refund outstanding at year end

-

(3,146)

Recorded against special accounts receivable in ledger

-

(2,766)

Recorded against capital receivable for special account in ledger

(11,325)

(24,640)

PGPA s 51 quarantine - modernisation fund reprioritisation

-

(50)

Closing appropriations receivable balance

47,353

95,527

1 The balance includes cash at bank as at 30 June 2021 of $2.6 million (2020: cash at bank $1.1 million, GST refund $3.1 million).

2 The balance includes a quarantine for modernisation fund reprioritisation.

F2. Special appropriations

F2.1 Special appropriations ('recoverable GST exclusive')

Appropriations applied

30 June

30 June

2021

2020

$'000

$'000

Administered

Commonwealth of Australia Constitution Act s 66 (Ministers of State Act 1952 s 5)1

(5,253)

(4,795)

Federal Circuit Court of Australia Act 1999

(1,044)

(474)

Governance of Australian Government Superannuation Schemes Act 2011

(1,640)

(298)

Governor-General Act 1974

(1,470)

(1,882)

Judges' Pensions Act 1968

(53,969)

(54,403)

Medibank Private Sale Act 2006

(16)

(28)

Parliamentary Business Resources Act 2017

(255,410)

(231,761)

Parliamentary Contributory Superannuation Act 1948

(45,257)

(44,543)

Parliamentary Superannuation Act 2004

(8,137)

(8,103)

Public Governance, Performance and Accountability Act 2013 (PGPA Act) s 77

-

(24)

Same-Sex Relationships (Equal Treatment in Commonwealth Laws –
Superannuation) Act 2008

(66)

(63)

Superannuation Act 1922

(56,950)

(60,570)

Superannuation Act 19762

(4,672,070)

(4,481,645)

Superannuation Act 19902

(2,903,192)

(2,565,500)

Total special appropriations applied

(8,004,474)

(7,454,089)

1 For the 2020-21 reporting period this appropriation was limited to $5.7 million.

2 Payments include amounts that are not an additional cost to the Australian Government and are funded from a return of superannuation benefit funded component associated with retirements of scheme members and reimbursements from the emerging cost entities.

Third party drawing arrangements

Agency

Appropriations drawn on (amounts included in the table above)

CSC

Superannuation Act 1922, Superannuation Act 1976, Superannuation Act 1990,

Governance of Australian Government Superannuation Schemes Act 2011,

PGPA Act, s 77, Same-Sex Relationships (Equal Treatment in Commonwealth Laws - Superannuation) Act 2008.

Department of the House of Representatives and the Department of the Senate

Parliamentary Superannuation Act 2004

Commonwealth of Australia Constitution Act s 66 (Ministers of State Act 1952)

Parliamentary Business Resources Act 2017 (PBR Act)

Attorney-General’s Department and the Department of Parliamentary Services

Parliamentary Business Resources Act 2017 (PBR Act)

Fair Work Commission

Judges Pension Act 1968

The following special appropriations were not drawn upon in the current or prior year:

  • ACT Government Loan Act 2014

  • AIDC Sale Act 1997

  • Airports (Transitional) Act 1996

  • Lands Acquisition Act 1989

  • Loans Securities Act 1919

  • Moomba-Sydney Pipeline System Sale Act 1994

  • Parliamentary Retiring Allowances (Increases) Act 1967

  • Parliamentary Retiring Allowances (Increases) Act 1971

  • Public Accounts and Audit Committee Act 1951

  • Public Works Committee Act 1969

  • Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014

  • Superannuation Legislation (Consequential Amendments and Transitional Provisions) Act 2011

  • Transferred Officers’ Allowances Act 1948

F2.2 Disclosure by agent in relation to annual and special appropriations ('recoverable GST exclusive')

The following table discloses appropriations Finance drew on behalf of other agencies:

Appropriations applied

30 June

30 June

2021

2020

Relationship

$'000

$'000

Attorney-General's Department

Total receipts

Solicitors-General pension payments

-

3

Total payments

(280)

(309)

F3. Special accounts

A special account is an appropriation mechanism that notionally sets aside an amount within the CRF to be expended for specific purposes. The type of appropriation provided by a special account is a special appropriation. The appropriation mechanism remains available until the special account is abolished. The amount of appropriation that may be drawn from the CRF, via a special account, is limited to the balance of the particular special account.

A special account can be established either by the Finance Minister making a determination under section 78 of the PGPA Act, or by legislation as recognised under section 80 of the PGPA Act.

F3.1 Departmental special accounts

Comcover

Property

CPCSA

SDOSA

Total

30 June 2021

$'000

$'000

$'000

$'000

$'000

Balance brought forward

672,322

207,654

43,027

6,546

929,549

Appropriations credited

420,851

74,627

1,298

-

496,776

Other receipts

169,615

83,721

20,396

19,980

293,712

Payments made

(162,464)

(244,206)

(31,703)

(22,689)

(461,062)

Balance carried forward

1,100,324

121,796

33,018

3,837

1,258,975

Balance represented by

Cash held by Finance

1,551

73

20

3

1,647

Cash held in OPA

1,098,773

110,398

32,998

3,834

1,246,003

Capital appropriation receivable1

-

11,325

-

-

11,325

Special account balance

1,100,324

121,796

33,018

3,837

1,258,975

30 June 2020

Balance brought forward

518,264

197,697

39,620

2,560

758,141

Appropriations credited

158,191

65,051

1,200

-

224,442

Other receipts

161,609

145,172

22,307

26,852

355,940

Payments made

(165,742)

(200,266)

(20,100)

(22,866)

(408,974)

Balance carried forward

672,322

207,654

43,027

6,546

929,549

Balance represented by

Cash held by Finance

1,521

115

-

-

1,636

Cash held in OPA

670,801

182,899

43,027

6,546

903,273

Capital appropriation receivable1

-

24,640

-

-

24,640

Special account balance

672,322

207,654

43,027

6,546

929,549

1 These amounts have been specifically appropriated for the purposes of the Property Special Account but remain undrawn against Appropriation Acts 2 and 4.

Comcover Special Account

Establishing instrument: PGPA Act Determination (Comcover Special Account 2018). Purpose: For receipts and expenditure relating to the promotion of risk management to General Government Sector entities, to administer the Commonwealth’s general insurance fund and to make payments in respect of any uninsured superannuation liability claims against an insured Commonwealth entity. This account is non-interest bearing. The special account determination sunsets on 1 April 2029.

Property Special Account 2014

Establishing instrument: PGPA Act (Property Special Account 2014 – Establishment) Determination 04. Purpose: Facilitates the management of the Finance Owned Estate. This account is non-interest bearing. The special account determination sunsets on 1 April 2025.

Coordinated Procurement Contracting Special Account (CPCSA)

Establishing instrument: PGPA Act Determination (Coordinated Procurement Contracting Special Account 2018). Purpose: For expenditure relating to the whole of government contract for providing fleet management and leasing services, centralised government advertising activities and other coordinated procurement contracts for the benefit of government entities. The account is non-interest bearing. The special account determination sunsets on 1 October 2028.

Service Delivery Office Special Account (SDOSA)

Establishing instrument: PGPA Act Determination (SDO Special Account 2018). Purpose: To enable the Department of Finance to facilitate the activities of the Service Delivery Office, a provider hub under the government’s shared services program. The account is non-interest bearing. The special account determination sunsets on 1 April 2029.

F3.2 Administered special accounts

BAF

EIF

DCAF

MRFF

ATSILSFF

FDF

ERF

DHA1

Total

30 June 2021

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

$'000

Balance brought forward

n/a

n/a

-

-

-

-

-

-

-

Contributions from Government

n/a

n/a

4,597,333

3,212,051

-

-

-

-

7,809,384

Investments realised

n/a

n/a

25,599,292

43,519,399

1,100,148

1,979,771

2,015,865

-

74,214,475

Other receipts

n/a

n/a

395,139

827,880

1,106

146,091

145,987

349,234

1,865,437

Investment funds return to Government

n/a

n/a

(4,000,000)

-

-

-

-

-

(4,000,000)

Purchase of investments

n/a

n/a

(24,892,091)

(46,846,026)

(1,022,803)

(2,024,362)

(2,110,231)

-

(76,895,513)

Investment funds distributions

n/a

n/a

(1,688,921)

(572,585)

(54,847)

(100,000)

(50,000)

-

(2,466,353)

Other payments

n/a

n/a

(10,752)

(140,719)

(23,604)

(1,500)

(1,621)

-

(178,196)

Balance carried forward

n/a

n/a

-

-

-

-

-

349,234

349,234

Balance represented by

Cash held in the OPA

n/a

n/a

-

-

-

-

-

349,234

349,234

30 June 2020

Balance brought forward

-

-

840,000

-

-

-

-

n/a

840,000

Contributions from Government

-

-

4,640,588

7,830,490

-

3,968,254

3,978,184

n/a

20,417,516

Investments realised

4,510,780

6,902,461

28,281,909

41,566,910

3,852,492

6,896,353

585,624

n/a

92,596,529

Other receipts

45,550

75,507

108,419

144,574

8,290

28,768

15,374

n/a

426,482

Investment funds return to Government

(3,968,254)

(3,978,184)

(4,000,000)

-

-

-

-

n/a

(11,946,438)

Purchase of investments

(586,199)

(2,997,075)

(28,307,264)

(49,127,237)

(3,805,948)

(10,892,433)

(4,578,453)

n/a

(100,294,609)

Investment funds distributions

(1,550,529)

(392,703)

(54,142)

n/a

(1,997,374)

Other payments

(1,877)

(2,709)

(13,123)

(22,034)

(692)

(942)

(729)

n/a

(42,106)

Balance carried forward

-

-

-

-

-

-

-

n/a

-

Balance represented by

Cash held in the OPA

-

-

-

-

-

-

-

n/a

-

1 There is a $13,760 timing difference relating to interest receipts which have not been recognised in the DHA Borrowing Special accounts cash balance held in the Official Public Account.

DisabilityCare Australia Fund (DCAF) Special Account

Establishing instrument: DisabilityCare Australia Fund Act 2013, s 11. Purpose: To record all transactions relating to the DCAF, including interest and Medicare levy proceeds and reimbursements to State and Territory and Commonwealth Governments in relation to expenditure incurred under the National Disability Insurance Scheme Act 2013. The balance of the special account is invested by the Future Fund Board of Guardians (the Board). The Board may invest amounts standing to the credit of the special account in financial assets, although the special account itself is non-interest bearing. Investment in DCAF were made under the DisabilityCare Australia Fund Act 2013 s 27.

Medical Research Future Fund (MRFF) Special Account

Establishing instrument: Medical Research Future Fund Act 2015, s 14. Purpose: To record all transactions relating to the MRFF, including interest received and payments in relation to medical research and medical innovation. The balance of the special account is invested by the Board. The Board invests amounts standing to the credit of the special account, although the special account itself is non-interest bearing. Investment in MRFF were made under the Medical Research Future Fund Act 2015 s 37.

Aboriginal and Torres Strait Islander Land and Sea Future Fund (ATSILSFF) Special Account

Establishing instrument: Aboriginal and Torres Strait Islander Land and Sea Future Fund Act 2019, s 12. Purpose: To record all transactions relating to the ATSILSFF, including interest received and payments to the Indigenous Land and Sea Corporation. The balance of the special account is invested by the Board. The Board may invest amounts standing to the credit of the special account in financial assets, although the special account itself is non-interest bearing. Investment in ATSILSFF were made under the Aboriginal and Torres Strait Islander Land and Sea Future Fund 2019 Act s 30.

Future Drought Fund (FDF) Special Account

Establishing Instrument: Future Drought Fund Act 2019, s 13. Purpose: To record all transactions relating to the FDF, including interest received and grant payments to persons and bodies in relation to drought resilience, preparedness and response. The balance of the special account is invested by the Board. The Board may invest amounts standing to the credit of the special account in financial assets, although the special account itself is non-interest bearing. Investment in FDF were made under the Future Drought Fund Act 2019 s 39.

Emergency Response Fund (ERF) Special Account

Establishing Instrument: Emergency Response Fund Act 2019, s 12. Purpose: To record all transactions relating to the ERF, including interest received and make payments up to $200 million per financial year to fund emergency response and natural disaster recovery and preparedness, where it is determined the existing recovery and resilience-building programs are insufficient to provide an appropriate response to natural disasters. The balance of the special account is invested by the Board. The Board may invest amounts standing to the credit of the special account in financial assets, although the special account itself is non-interest bearing. Investment in ERF were made under the Emergency Response Fund Act 2019 s 37.

Defence Housing Australia (DHA) Borrowings Special Accounts

Establishing instrument: PGPA Act Determination (DHA Borrowing Special Account 2020). Purpose: To provide a mechanism to support the operation of a revolving loan facility between DHA and the Commonwealth and allow DHA to more easily borrow money from the Commonwealth in accordance with section 36 of the Defence Housing Australia Act 1987.

Building Australia Fund (BAF) Special Account

Establishing instrument: Nation-building Funds Act 2008, s 13. Purpose: To make payments in relation to transport infrastructure, communications infrastructure (including the National Broadband Network), energy infrastructure and water infrastructure. The balance of the special account is invested by the Board. The Board may invest amounts standing to the credit of the special account in financial assets, although the special account itself is non-interest bearing. Investment in BAF were made under the Nation Building Funds Act 2008 s 32 and s 151. This special account ceased on 2 September 2019 with balances transferred to the FDF.

Education Investment Fund (EIF) Special Account

Establishing instrument: Nation-building Funds Act 2008, s 132. Purpose: To make payments in relation to higher education infrastructure, research infrastructure, vocational education and training infrastructure and any other eligible education infrastructure. The balance of the special account is invested by the Board. The Board may invest amounts standing to the credit of the special account in financial assets, although the special account itself is non-interest bearing. Investment in EIF were made under the Nation Building Funds Act 2008 s 32 and s 151. This special account ceased on 12 December 2019 with balances transferred to the ERF.

The following Special Accounts have not been used during the current and comparative years:

Lands Acquisition Special Account

Establishing instrument: Lands Acquisition Act 1989, s 89A. Purpose: For holding amounts of compensation due to be paid to a person in respect of compulsory acquisition of land where the amount of compensation payable to the person has been determined under the Lands Acquisition Act 1989, but after three months the amount remains unpaid due to default or delay on the part of the claimant. To date there have been no transactions through this account.

Services for Other Entities and Trust Moneys (SOETM) Special Account – Department of Finance

Establishing instrument: Financial Management and Accountability (Establishment of SOETM Special Account – Finance) Determination 2012/08. Purpose: For the receipt of moneys temporarily held in trust for other persons other than the Commonwealth and for the payment to a person other than the Commonwealth, on behalf of the Government, that are not PGPA Act agencies, or as permitted by an Act. The account is non-interest bearing. This special account was established on 26 June 2012 and the determination will sunset on 1 October 2022.