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Budget 2012 Home Page Supplementary Estimates of Appropriations and Supporting Information 2011/11

Vote Canterbury Earthquake Recovery

MINISTER(S) RESPONSIBLE FOR APPROPRIATIONS: Minister for Canterbury Earthquake Recovery (M85)

ADMINISTERING DEPARTMENT: Canterbury Earthquake Recovery Authority

MINISTER RESPONSIBLE FOR CANTERBURY EARTHQUAKE RECOVERY AUTHORITY: Minister for Canterbury Earthquake Recovery

Overview of the Vote

The Minister for Canterbury Earthquake Recovery is responsible for appropriations in Vote Canterbury Earthquake Recovery for the 2011/12 financial year covering the following:

Departmental Appropriations

  • a total of just under $5 million for the purchase of policy advice
  • a total of just over $29 million for managing the recovery
  • a total of just over $4 million for the management of voluntarily acquired insured properties in the residential red zone
  • a total of $100,000 for capital expenditure.

Non Departmental Appropriations

  • a total of just under $133 million for the Canterbury Earthquake property demolition and related costs and compensation
  • a total of just over $3 million for contribution to legal fees
  • a total of just under $85 million for the management of voluntarily acquired insured properties in the residential red zone
  • a total of $3 million for the acquisition of additional red zone properties
  • a total of just under $454 million for the acquisition of Canterbury red zone properties
  • a total of $28 million for the Christchurch temporary stadium
  • a total of over $24 million for an advance payment for the estimated Crown's share of the Stronger Christchurch Infrastructure Rebuild Team's infrastructure costs
  • a total of $4 million of capital expenditure for demolition related property purchases.

Details of these appropriations are set out in Parts 2-6 for Vote Canterbury Earthquake Recovery in the Information Supporting the Supplementary Estimates.

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