Part 6 - Details and Expected Results for Capital Expenditure
Part 6.1 - Departmental Capital Expenditure
Intended Impacts, Outcomes and Objectives
| Intended Impacts, Outcomes or Objectives of Appropriations | Appropriations |
|---|---|
| Intermediate outcome - Revenue is available to fund Government programmes through people meeting payment obligations of their own accord Intermediate Outcome - People receive payments they are entitled to, enabling them to participate in society | Inland Revenue Department - Capital Expenditure |
Inland Revenue Department - Capital Expenditure PLA (M57)
Scope of Appropriation
This appropriation is limited to the purchase or development of assets by and for the use of the Inland Revenue Department, as authorised by section 24(1) of the Public Finance Act 1989.
Capital Expenditure
| 2011/12 | 2012/13 | ||
|---|---|---|---|
| Budgeted $000 | Estimated Actual $000 | Budget $000 | |
| Forests/Agricultural | - | - | - |
| Land | - | - | - |
| Property, Plant and Equipment | 24,085 | 17,000 | 38,000 |
| Intangibles | 73,915 | 48,000 | 66,000 |
| Other | - | - | - |
Total Appropriation | 98,000 | 65,000 | 104,000 |
Reasons for Change in Appropriation
The Budget of $104 million for 2012/13 includes capital injections of $6.476 million for child support reform, Budget 2010 tax policy initiatives and leasehold improvements. Included in the 2012/13 budget are initial business transformation initiatives, mainframe replacement, and student loans.
