Vote Serious Fraud - Supplementary Estimates 2017/18

Vote Serious Fraud#

APPROPRIATION MINISTER(S): Minister of Police (M51)

APPROPRIATION ADMINISTRATOR: Serious Fraud Office

RESPONSIBLE MINISTER FOR SERIOUS FRAUD OFFICE: Minister of Police

Details of Appropriations and Capital Injections#

Annual and Permanent Appropriations#

Titles and Scopes of Appropriations by Appropriation Type	Estimates Budget $000	Supplementary Estimates Budget $000	Total Budget $000
	2017/18
Departmental Output Expenses
*Investigation and Prosecution of Serious Financial Crime (M51) (M51)* This appropriation is limited to detecting, investigating and prosecuting serious financial crimes by the Serious Fraud Office, and includes activities directed at making the commission of financial crimes more difficult, and detection and prosecution more effective.	10,020	376	10,396
Total Departmental Output Expenses	10,020	376	10,396
Departmental Capital Expenditure
*Serious Fraud Office - Capital Expenditure PLA (M51) PLA (M51)* This appropriation is limited to the purchase or development of assets by and for the use of the Serious Fraud Office, as authorised by section 24(1) of the Public Finance Act 1989.	940	(75)	865
Total Departmental Capital Expenditure	940	(75)	865
Total Annual and Permanent Appropriations	10,960	301	11,261

Capital Injection Authorisations#

	2017/18
	Estimates Budget $000	Supplementary Estimates Budget $000	Total Budget $000
Serious Fraud Office - Capital Injection (M51)	840	-	840

Supporting Information#

Part 1 - Vote as a Whole#

1.2 - Trends in the Vote

Summary of Financial Activity

	2017/18
		Supplementary Estimates
	Estimates $000	Departmental Transactions $000	Non-Departmental Transactions $000	Total Transactions $000	Total $000
Appropriations
Output Expenses	10,020	376	-	376	10,396
Benefits or Related Expenses	-	N/A	-	-	-
Borrowing Expenses	-	-	-	-	-
Other Expenses	-	-	-	-	-
Capital Expenditure	940	(75)	-	(75)	865
Intelligence and Security Department Expenses and Capital Expenditure	-	-	N/A	-	-
Multi-Category Expenses and Capital Expenditure (MCA)
Output Expenses	-	-	-	-	-
Other Expenses	-	-	-	-	-
Capital Expenditure	-	N/A	-	-	-
Total Appropriations	10,960	301	-	301	11,261
Crown Revenue and Capital Receipts
Tax Revenue	-	N/A	-	-	-
Non-Tax Revenue	-	N/A	-	-	-
Capital Receipts	-	N/A	-	-	-
Total Crown Revenue and Capital Receipts	-	N/A	-	-	-

Part 2 - Details of Departmental Appropriations#

2.1 - Departmental Output Expenses#

Investigation and Prosecution of Serious Financial Crime (M51)

Scope of Appropriation

This appropriation is limited to detecting, investigating and prosecuting serious financial crimes by the Serious Fraud Office, and includes activities directed at making the commission of financial crimes more difficult, and detection and prosecution more effective.

Expenses and Revenue

	2017/18
	Estimates $000	Supplementary Estimates $000	Total $000
Total Appropriation	10,020	376	10,396
Revenue from the Crown	9,935	207	10,142
Revenue from Others	85	169	254

Reasons for Change in Appropriation

This appropriation increased by $376,000 for 2017/18 due to:

$175,000 capital to operating swap to allow for larger than expected operating expenditure costs associated with the Case and Evidence Management System

$169,000 for the SFO to employ additional resources to cover the roles of employees seconded to other departments, funded by Revenue Department, and

$32,000 transfer from 2016/17 in recognition of a delay in the New Zealand contribution to the International Anti-Corruption Co-ordination Centre (IACCC).

2.3 - Departmental Capital Expenditure and Capital Injections#

Serious Fraud Office - Capital Expenditure PLA (M51)#

Scope of Appropriation

This appropriation is limited to the purchase or development of assets by and for the use of the Serious Fraud Office, as authorised by section 24(1) of the Public Finance Act 1989.

Capital Expenditure

	2017/18
	Estimates $000	Supplementary Estimates $000	Total $000
Forests/Agricultural	-	-	-
Land	-	-	-
Property, Plant and Equipment	890	(764)	126
Intangibles	50	689	739
Other	-	-	-
Total Appropriation	940	(75)	865

End of Year Performance Reporting

Performance information for this appropriation will be reported by the Serious Fraud Office's 2017/18 Annual Report.

Reasons for Change in Appropriation

The appropriation decreased by $75,000 for 2017/18 due to:

$180,000 less capital in favour of more operating expenditure (a swap) to facilitate implementation of the Case and Evidence Management System. Note, the corresponding $175,000 increase in operating output expenditure was less due to the reduced capital charge, and
$105,000 additional capital for asset replacement works including a new office motor vehicle and Human Resources Information System (HRIS).

Capital Injections and Movements in Departmental Net Assets

Serious Fraud Office

Details of Net Asset Schedule	2017/18 Main Estimates Projections $000	2017/18 Supplementary Estimates Projections $000	Explanation of Projected Movements in 2017/18
Opening Balance	452	452	Supplementary Estimates opening balance reflects the audited results as at 30 June 2017
Capital Injections	840	840	Approved initiative in Budget 2017 for a new Case and Evidence Management System
Capital Withdrawals	-	(180)	Capital to operating swap assocaited with the implementation of the Case and Evidence Management System
Surplus to be Retained (Deficit Incurred)	-	-
Other Movements	-	-
Closing Balance	1,292	1,112