As at 30 June 2020, NQWIA had net equity of $1,010k, reflecting $1,520k of assets and $510k of liabilities.
Table 2 NQWIA expenses for outcome 1 in 2019–20
Outcome 1: Progress the development of water resource projects in North Queensland, through strategic planning and coordination of information sharing among relevant regulatory authorities and stakeholders.
1 Departmental appropriation combines ordinary annual services (Appropriation Act No. 1) and retained revenue receipts under section 74 of the PGPA Act.
2 Includes audit services received free of charge.
3 The budget excludes $0.355 million appropriated in 2019–20 for expenses relating to prior year.