❓ Opposition questions the Energy Minister regarding a perceived shortfall in Western Power's capital expenditure budget, citing discrepancies between the budget and the Statement of Corporate Intent. The Minister clarifies that there is no shortfall, explaining the difference is due to the inclusion of gifted assets in the Statement of Corporate Intent.
AnsweredQoN 440Legislative Council
QuestionView source ↗
WESTERN POWER —
CAPITAL EXPENDITURE
440. Hon PETER COLLIER to
the minister representing the Minister for Energy:
I refer to page 12 of Western Power's
''Statement of Corporate Intent 2018/2019'', and I quote —
In 2018/19, Western Power plans to
invest approximately $973.2 million of capital expenditure in the network.
(1) Why is there
a shortfall of nearly $85 million between the 2018–19 budget and
Western Power's statement of corporate intent?
(2) How does Western Power intend
to meet its plan without sufficient government funding?
(3) What areas of funding will be
cut to meet the shortfall in government funding?
CAPITAL EXPENDITURE
440. Hon PETER COLLIER to
the minister representing the Minister for Energy:
I refer to page 12 of Western Power's
''Statement of Corporate Intent 2018/2019'', and I quote —
In 2018/19, Western Power plans to
invest approximately $973.2 million of capital expenditure in the network.
(1) Why is there
a shortfall of nearly $85 million between the 2018–19 budget and
Western Power's statement of corporate intent?
(2) How does Western Power intend
to meet its plan without sufficient government funding?
(3) What areas of funding will be
cut to meet the shortfall in government funding?
AnswerView source ↗
I thank the Leader of the
Opposition for some notice of the question. The following information has been
provided by the Minister for Energy.
(1) There is no
shortfall. The asset investment plan in the 2018–19 state budget
includes cash expenditure and excludes $84.6 million of gifted assets—a
non-cash item. The statement of corporate intent refers to capital expenditure
and includes gifted assets.
(2)–(3) Not applicable.
Opposition for some notice of the question. The following information has been
provided by the Minister for Energy.
(1) There is no
shortfall. The asset investment plan in the 2018–19 state budget
includes cash expenditure and excludes $84.6 million of gifted assets—a
non-cash item. The statement of corporate intent refers to capital expenditure
and includes gifted assets.
(2)–(3) Not applicable.
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