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Outback Communities Authority
1442 The Hon. A. PICCOLO (Light) (24 September 2019). 2019-20 Budget Paper No. 4, Vol. 3, p. 177 includes a table listing the appropriation for the Outback Communities Authority. The table reveals that in 2018-19, appropriation for the Outback Communities Authority increased by more than $1 million above budget. What explains this significant increase?
The Hon. S.K. KNOLL (Schubert—Minister for Transport, Infrastructure and Local Government, Minister for Planning): I have been advised the following—
This increase was approved in order to provide the Outback Communities Authority with a sufficient working capital balance for the 2019-20 financial year (this amount will carryover over as an opening cash balance from 2018-19 to 2019-20). At the time of this approval, it was noted that further adjustments may be required in future financial years in order to maintain an appropriate working capital balance.