Treasury and Finance Department

In reply to Mr MARSHALL (Dunstan—Leader of the Opposition) (17 July 2014). (Estimates Committee B)

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy, Minister for Small Business):

The Department of Treasury and Finance (DTF) expenditure budget for 2013-14 was increased from the original budget of $105 million to a revised budget (2013-14 Estimated Result) of $120 million.

The primary reasons for the increase in the DTF 2013-14 expenditure budget of $15 million are:

Additional payments to Consolidated Account ($10.769 million)

$6.108 million in additional expenditure authority for the payment of surplus cash to the consolidated account under the cash alignment policy;

$4.661 million in additional expenditure authority for the return of RESI Corporation cash to the consolidated account on the winding up of the corporation;

Additional activity fully offset by revenue ($4.846 million)

$1.170 million in additional expenditure authority to offset revenue from the Commonwealth Bank of Australia (CBA) towards the cost of transitioning agency bank accounts from Westpac to CBA;

$2.000 million in additional expenditure authority to offset recoveries for the WorkCover improvement project and the Motor Injury Insurance Reform project.

$1.676 million in additional expenditure authority for SAFA;

Carryovers into 2013-14 ($1.562 million)

$1.000 million for the property sales program;

$0.562 million for the RISTEC project;

TVSPs

$1.538 million in additional expenditure authority for the payment of targeted voluntary separation packages;

New Policy ($0.200 million)

$0.200 million in additional expenditure authority for the payment of grant funds to the Port Pirie RSL for the Huey helicopter display

The additional expenditure budget in 2013-14 was offset by:

$3.4 million reduction in expenditure authority relating to the return of depreciation budget;

$1.4 million reduction in expenditure authority due to the transfer of the Ministerial Chauffeurs and MP Fleet to the Department of the Premier and Cabinet effective 1 April 2014.