❓ Hon. Norman Moore questions the funding source for the homelessness strategy, specifically the unbudgeted $20 million for the next financial year. Hon. Tom Stephens clarifies the $32 million is spread over four years, sourced from the current budget, rental assistance fund interest, and the consolidated fund.
AnsweredQoN 1417Legislative Council
QuestionView source ↗
HOMELESSNESS STRATEGY, FUNDING
Where does the minister anticipate the extra $20 million for the homelessness strategy, which is to be spent in the next financial year and which is not budgeted for, to come from? Hon TOM STEPHENS
Where does the minister anticipate the extra $20 million for the homelessness strategy, which is to be spent in the next financial year and which is not budgeted for, to come from? Hon TOM STEPHENS
AnswerView source ↗
Not all the $32 million for the program is additional expenditure for 2002-03. The money is to be spent over four years. Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Hon TOM STEPHENS replied: Not all the $32 million for the program is additional expenditure for 2002-03. The money is to be spent over four years. Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Not all the $32 million for the program is additional expenditure for 2002-03. The money is to be spent over four years. Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Hon TOM STEPHENS replied: Not all the $32 million for the program is additional expenditure for 2002-03. The money is to be spent over four years. Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Not all the $32 million for the program is additional expenditure for 2002-03. The money is to be spent over four years. Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Hon Norman Moore: It is not as good as it sounded the other day. Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
Hon TOM STEPHENS: No; it is a four-year program of which $10.5 million for capital works will come from the current budget; and another $500 000 will come from the rental assistance fund for one of the programs that comes to mind. That $500 000 is from interest returned on the rental assistance fund, which becomes surplus funding. It will come from a combination of sources, including the consolidated fund.
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