❓ Hon. Sally Talbot asks about the agencies requiring repayable advances, the items needing these advances, the amounts involved, and the calculation method. Hon. Helen Morton provides answers sourced from the Department of Treasury and Finance, detailing the agencies, the purpose as working capital, and the calculation based on historical provision and the Building the Education Revolution program.
AnsweredQoN 95Legislative Council
Asked
31 March 2010
Member
Portfolio
parliamentary secretary representing the Treasurer
QuestionView source ↗
TREASURER’S ADVANCE — REPAYABLE ADVANCES
I refer to the document “Treasurer’s Advance Authorisation Bill 2010: Details of Excesses and New Items for the 2009–10 Financial Year”. (1) In relation to the “Repayable Advances” on page 13 of the document, totalling $75 million, what agencies are estimated to require this repayable advance? (2) For each agency identified in (1), what items within the agency are estimated to require this repayable advance? (3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON
I refer to the document “Treasurer’s Advance Authorisation Bill 2010: Details of Excesses and New Items for the 2009–10 Financial Year”. (1) In relation to the “Repayable Advances” on page 13 of the document, totalling $75 million, what agencies are estimated to require this repayable advance? (2) For each agency identified in (1), what items within the agency are estimated to require this repayable advance? (3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON
AnswerView source ↗
I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(1) In relation to the “Repayable Advances” on page 13 of the document, totalling $75 million, what agencies are estimated to require this repayable advance? (2) For each agency identified in (1), what items within the agency are estimated to require this repayable advance? (3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(2) For each agency identified in (1), what items within the agency are estimated to require this repayable advance? (3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(1) In relation to the “Repayable Advances” on page 13 of the document, totalling $75 million, what agencies are estimated to require this repayable advance? (2) For each agency identified in (1), what items within the agency are estimated to require this repayable advance? (3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(2) For each agency identified in (1), what items within the agency are estimated to require this repayable advance? (3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(3) For each item identified in (2), what amount of money is estimated to be spent as part of the repayable advance? (4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(4) How are the “Repayable Advances” on page 13 of the document, totalling $75 million, calculated? Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
Hon HELEN MORTON replied: I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
I thank the honourable member for the question. The Department of Treasury and Finance has provided the following answers — (1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(1) The Electoral Commission, the Gas Review Board, the Department of Transport, the Public Sector Standards Commission, the Department of Sport and Recreation, the Department of the Attorney General, the Department of Treasury and Finance—Building Management and Works, and the Department of Mines and Petroleum. (2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(2) The repayable advances are short-term loans advanced to agencies for working capital purposes. These advances are not an expenditure item chargeable to the consolidated account. (3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(3) Not applicable. (4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
(4) The “Repayable Advances” estimate is based on a historical provision of $15 million, plus a provision of $60 million to cover potential cash flow fluctuations associated with the Building the Education Revolution program, which relies on the receipt of funds from the commonwealth, estimated at $832 million in 2009–10.
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