NOTE 8: Forecast new spending and top-down expense adjustment
|
2013 Previous Budget $m |
2013 Forecast $m |
2014 Forecast $m |
2015 Forecast $m |
2016 Forecast $m |
2017 Forecast $m |
|
|---|---|---|---|---|---|---|
Forecast new operating spending |
||||||
| Unallocated contingencies | 348 | 42 | 461 | 324 | 327 | 348 |
| Forecast new spending for Budget 2014 | - | - | - | 1,000 | 1,000 | 1,000 |
| Forecast new spending for Budget 2015 | - | - | - | - | 1,020 | 1,020 |
| Forecast new spending for Budget 2016 | - | - | - | - | - | 1,040 |
| Total forecast new operating spending | 348 | 42 | 461 | 1,324 | 2,347 | 3,408 |
| Operating top-down adjustment | (700) | (330) | (600) | (250) | (300) | (300) |
Unallocated contingencies represent expenses included in Budget 2013 and previous Budgets that have yet to be allocated. Forecast new spending indicates the expected spending increases from future Budgets.
|
2013 Forecast $m |
2014 Forecast $m |
2015 Forecast $m |
2016 Forecast $m |
2017 Forecast $m |
Post-2017 Forecast $m |
Total Forecast $m |
|
|---|---|---|---|---|---|---|---|
Forecast new capital spending (annual) |
|||||||
| Unallocated contingencies | 2 | 403 | 207 | 207 | 100 | - | 919 |
| Forecast new spending for Budget 2014 | - | 100 | 400 | 250 | 250 | - | 1,000 |
| Forecast new spending for Budget 2015 | - | - | 100 | 300 | 250 | 250 | 900 |
| Forecast new spending for Budget 2016 | - | - | - | 100 | 300 | 500 | 900 |
| Forecast new spending for Budget 2017 | - | - | - | - | 100 | 818 | 918 |
| Total forecast new capital spending | 2 | 503 | 707 | 857 | 1,000 | 1,568 | 4,637 |
| Forecast new capital spending (cumulative) | 2 | 505 | 1,212 | 2,069 | 3,069 | ||
| Capital top-down adjustment (cumulative) | (280) | (330) | (330) | (330) | (330) |
Unallocated contingencies represent capital spending from Budget 2013 and previous Budgets that have yet to be allocated. Forecast new spending indicates the expected capital spending increases from future Budgets, which are funded from the Future Investment Fund.
