Part 6.2 - Non-Departmental Capital Expenditure
Intended Impacts, Outcomes and Objectives
| Intended Impacts, Outcomes or Objectives of Appropriations | Appropriations |
|---|---|
| Outcome: Improved economic performance. Impact: Economic Development and Infrastructure Sector - To facilitate the recovery of Canterbury following the Canterbury Earthquakes on 4 September 2010 and 22 February 2011 and the subsequent aftershocks. | Canterbury Earthquake Demolition-Related Property Purchases |
Canterbury Earthquake Demolition-Related Property Purchases (M85)
Scope of Appropriation
This appropriation is limited to the purchase of land and buildings if required for demolition tasks ordered by the Canterbury Earthquake Recovery Authority.
Capital Expenditure
| 2011/12 | 2012/13 | ||
|---|---|---|---|
| Budgeted $000 | Estimated Actual $000 | Budget $000 | |
| Total Appropriation | 4,000 | - | 1,000 |
Reasons for Change in Appropriation
This appropriation was established to provide the necessary funds should CERA be required to purchase properties in order to undertake the demolition of an unsafe property.
An approval has been received to transfer any underspend in 2011/12 to 2012/13.
Current and Past Policy Initiatives
| Policy Initiative | Year of First Impact | 2011/12 Budgeted $000 | 2012/13 Budget $000 | 2013/14 Estimated $000 | 2014/15 Estimated $000 | 2015/16 Estimated $000 |
|---|---|---|---|---|---|---|
| Purchase of properties to affect demolitions | 2011/12 | 4,000 | 1,000 | - | - | - |
