Purchase and Development of Reserves (M16)
Scope of Appropriation
This appropriation is limited to the purchase of conservation land, including the purchase of reserves, and any associated administration costs as provided for under the Reserves Act 1977.
Reasons for Change in Appropriation
The reason for the increase in this appropriation of $1.453 million to $2.953 million is due to the following:
- The remaining Reserves Trust balance brought forward from 2010/11 to 2011/12 of $9.891 million (increase)
- A $300,000 fiscally neutral transfer from departmental output expense appropriations (increase)-these have been partly offset by a capital transfer from 2011/12 to 2012/13 of $8.738 million (decrease).
