Fiscal Management
Scope of Appropriation
This output expense is limited to the development of the budget strategy and advice, and activities of the annual budget process.
Significant Work Completed During 2010/11
- Supported Ministers with advice on changes to the budget process to help improve fiscal management and to make decisions about budget package for 2011.
- Provided advice on improving the fiscal management framework and assisted the Government to achieve its fiscal strategy.
- Undertook analysis of agencies' four-year budget plans and provided advice to budget Ministers on whether plans met expectations, possible actions and fiscal implications.
| Performance Dimensions for 2010/11 | Target | Performance for 2010/11 | ||||
|---|---|---|---|---|---|---|
| Advice and processes required as part of annual budget process assist the Government to pursue its policy priorities in accordance with the principles of responsible fiscal management and support effective and efficient management of public financial resources. | Achieved. |
Achieved. The Minister of Finance was kept informed on a weekly basis through the year on the balance between budget contingency and the Budget 2011 operating and capital allowances. The budget process was designed and managed to support the Government to implement policy priorities and deliver the budget consistent with the BPS, and in accordance with the principles of responsible fiscal management and support effective and efficient management of public financial resources. |
||||
| 2010 Actual $000 |
Fiscal Management | 2011 Actual $000 |
2011 Main Estimates $000 |
2011 Supp. Estimates $000 |
|---|---|---|---|---|
| 2,972 | Expenses | 2,294 | 3,290 | 2,328 |
Funded by: |
||||
| 2,925 | Revenue Crown | 2,255 | 3,240 | 2,297 |
| 47 | Other revenue | 39 | 50 | 31 |
