Part 6 - Details and Expected Results for Capital Expenditure
Part 6.1 - Departmental 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 | |||
|---|---|---|---|
| Estimates $000 | Supplementary Estimates $000 | Total $000 | |
| Forests/Agricultural | - | - | - |
| Land | - | - | - |
| Property, Plant and Equipment | 22,000 | 2,085 | 24,085 |
| Intangibles | 57,500 | 16,415 | 73,915 |
| Other | - | - | - |
Total Appropriation | 79,500 | 18,500 | 98,000 |
Reasons for Change in Appropriation
The departmental capital expenditure budget increased during 2011/12 due to timing delays for a number of multi-year projects which resulted in some expenditure being incurred in 2011/12 rather than 2010/11. These projects include enterprise desktop, student loans redesign, and infrastructure technology.
