House of Assembly - Fifty-Fourth Parliament, First Session (54-1)
2019-11-12 Daily Xml

Contents

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.