DEPARTMENTAL EXPENDITURE

228 The Hon. R.I. LUCAS (7 July 2011) (First Session). Can the Minister for Families and Communities advise the actual level for 2010-11 of both capital and recurrent expenditure underspending (or overspending) for all departments and agencies (which were not classified in the general government sector) then reporting to the Minister?

The Hon. I.K. HUNTER (Minister for Communities and Social Inclusion, Minister for Social Housing, Minister for Disabilities, Minister for Youth, Minister for Volunteers): I have been advised:

In relation to the South Australian Housing Trust (SAHT), recurrent expenditure in 2010-11 amounted to $720.9 million, and was underspent by $82.6 million compared to the revised budget of $803.5 million. The largest factor responsible for this was an underspend of $92 million for donated assets expense. This was expected to be incurred in relation to the transfer to community housing providers of properties funded under the Commonwealth Government's Nation Building and Economic Stimulus Plan. However at 30 June 2011, the proper accounting treatment for this transfer was still under review.

Capital expenditure in 2010-11 amounted to $314.5 million, and was underspent by $30.5 million compared to the revised budget of $345 million. The largest factor responsible for this was an underspend of $33.8 million in relation to construction expenditure under the Nation Building and Economic Stimulus Plan, arising from delays to some projects caused by unfavourable weather conditions, as well as the retention of some funds by SAHT to reimburse the value of SAHT owned land that has been contributed to the program.

SAHT is a Public Non-Financial Corporation (PNFC) and is not within the general Government sector.