SECTION 3 — RESOURCE SUMMARIES

Summary tables
This section summarises the resources which are available to the Portfolio through the Budget Bills. It is divided into four subsections.
•	Appropriation Summary. Table 3.1 takes the Budget Bills and explains where appropriations will be applied amongst the Programmes of the Portfolio. 
•	Programme Summary. Table 3.2 derives Programme Underlying Outlays from the appropriations and adjustments to the Portfolio.
•	Portfolio Underlying Outlays Summary sets out the Budget and forward estimates of appropriations and underlying outlays until 2001‑02.
•	Budget Measures Summary sets out the measures included in the Budget, and how they will affect Programme or Sub-Programme underlying outlays in the years to 2001‑02.
Appropriation Summary
How the Appropriations are Spent; the Appropriation Bills Disaggregated by Programme or Sub‑Programme
The following table replicates the Budget Bills by listing all the Portfolio’s line items which are contained in Schedules to the Budget Bills, and providing Programme details against the line items. In doing so, it links the Budget Bills to the Portfolio’s Programme structure.
The 1997‑98 Estimated Outcome figures shown in the table include the effect of Section 31 receipts (see glossary). As noted above, the 1998‑99 Budget figures replicate those in the Budget Bills and therefore do not include Section 31 receipts. A note is provided for relevant appropriation items which provides the estimated level of Section 31 receipts for 1998‑99.

Table 3.1:  How the Appropriations are Spent; the Appropriation Bills Disaggregated by Programme or Sub-Programme

Table 3.1:  How the Appropriations are Spent; the Appropriation Bills Disaggregated by Programme or Sub-Programme (continued)

Table 3.1:  How the Appropriations are Spent; the Appropriation Bills Disaggregated by Programme or Sub-Programme (continued)

Table 3.1:  How the Appropriations are Spent; the Appropriation Bills Disaggregated by Programme or Sub-Programme (continued)

Table 3.1:  How the Appropriations are Spent; the Appropriation Bills Disaggregated by Programme or Sub-Programme (continued)

(i)	1998-99 Budget excludes estimated Section 31 receipts for Department of the Treasury of $991,000.
(ii)	1998-99 Budget excludes estimated Section 31 receipts for the Australian Bureau of Statistics of $26,000,000.
(iii)	1998-99 Budget excludes estimated Section 31 receipts for the Australian Taxation Office of $3,156,000.
(iv)	1998-99 Budget excludes estimated Section 31 receipts for the Australian Competition & Consumer Commission of 	$300,000.
(v)	1998-99 Budget excludes estimated Section 31 receipts for the National Competition Council of $21,000.
(vi)	1998-99 Budget excludes estimated Section 31 receipts for the Insurance and Superannuation Commission of $999,000.
(vii)	1998-99 Budget excludes estimated Section 31 receipts  for the Productivity Commission $193,000.

Programme Summary
Deriving Programme Underlying Outlays from the Appropriations; Reconciliation of Programmes and Appropriation Elements for 1998-99
Underlying Outlays is an economic concept that has its roots in international standards for government reporting. In the budget context it measures the net resources cost of the budget provision of public goods and services.
Not only payments are included in outlays. For example, some receipts are netted off against related payments. Moreover not all payments are outlays. For example, payments of principal to government security holders are classified as financing transactions and as such are not outlays, whereas interest payments are.
It is important to distinguish between appropriations and underlying outlays. Appropriations derive from Acts of Parliament which authorise the drawing down of public money for the functions and activities of Government.
Underlying outlays = total appropriations – adjustments.
Adjustments to appropriations to derive outlays are:
•	payments that are not underlying outlays (for example loan payments ¾ these are financial transactions ¾ and tax refunds ¾ netted against taxation revenues);
•	receipts that are offset within underlying outlays ¾ these are charges for goods and services, sales of physical assets and repayments of government loans or repayment of equity in government enterprises;
•	transactions regarded as outlays ¾ Table 3.2 shows how the components of appropriations are adjusted to derive underlying outlays for each of the Portfolio’s Programmes; and
•	net advances  these are government transactions which simply involve the transfer or exchange of financial assets. Net advances include:
•	the sale and purchase of equity assets;
•	the injection and withdrawal of equity from entities outside the Government’s accounts; and
•	public policy lending and repayments to other sectors.
•	
Table 3.2:  Deriving Programme Underlying Outlays from the Appropriations; Reconciliation of Programmes and Appropriation Elements for 1998-99
($’000)

SUMMARY OF UNDERLYING OUTLAYS FOR THE Portfolio
Table 3.3, Summary of Underlying Outlays for the Portfolio, provides a comparison of the previous year’s Budget and estimated outcome with the 1998‑99 Budget estimates for Programme and running cost outlays. Also provided are estimates for the three forward years to 2001-02 which are price adjusted to the expected price levels in each year.
Table 3.3:  Summary of Underlying Outlays for the Portfolio

BUDGET MEASURES SUMMARY
A Budget measure is defined for the purposes of this PBS as being a decision by Cabinet or Ministers that has been finalised since the 1997‑98 Budget and has resulted in a cost or saving to underlying outlays in the years 1998‑99 to 2001‑02.
Table 3.4, Budget Measures Affecting the Portfolio’s Programmes, summarises the effects on underlying outlays of 1998‑99 Budget Measures. The table lists the title of each measure and details its effect by Programme for the three forward years to 2001‑02.
Budget Measures are explained in Budget Paper No. 2, Budget Measures, and in Section 5  Budget Measures.

Table 3.4:  Budget Measures Affecting the Portfolio’s Programmes

Table 3.4:  Budget Measures Affecting the Portfolio’s Programmes (continued)