Australian Office of Financial Management
Section 1: Agency overview and resources; variations and measures
Overview
There has been no change to the overview included in the 2005-06 Portfolio Budget Statements (page 115).
Table 1.1: Agency outcomes and output groups
Additional estimates and variations to outcomes
The following variations contributed to a net increase in agency outputs of $0.225 million for the Australian Office of Financial Management (AOFM).
Variations — measures
The AOFM has no measures since the 2005-06 Budget.
Table 1.2: Additional estimates and variations to outcomes – measures
This table is not applicable to AOFM.
Other variations to appropriations
The AOFM is seeking additional price of outputs funding of $0.225 million in 2005-06. The increase relates to a $0.240 million retrospective adjustment to wage cost indexation and a saving of $0.015 million for a revision to economic parameters since the 2005-06 Budget.
Table 1.3: Additional estimates and variations to outcomes — other variations
Measures — agency summary
Table 1.4: Summary of measures since the 2005-06 Budget
This table is not applicable to AOFM.
Breakdown of additional estimates by appropriation bill
Table 1.5: Appropriation Bill (No. 3) 2005-06
Table 1.6: Appropriation Bill (No. 4) 2005-06
This table is not applicable to AOFM.
Summary of staffing changes
Table 1.7: Average Staffing Level (ASL)
Summary of agency savings
Table 1.8: Summary of agency savings
This table is not applicable to AOFM.
Other revenues
Table 1.9 provides details of estimated administered and departmental revenues for the AOFM for 2005-06. Departmental revenues are eligible items under the AOFM’s Financial Management and Accountability Act 1997 (FMA) section 31 net appropriation agreement and as a result can be applied to the AOFM’s departmental activities. The AOFM’s administered revenues are not available to meet financial commitments of the AOFM and are returned to the Official Public Account.
Table 1.9: Other revenues
Estimates of expenses from special appropriations
Table 1.10: Estimates of expenses from special appropriations
1 Debt redemption assistance to the States ceases in 2005-06. The figure for 2005-06 represents the payment marking finalisation of the arrangements under the Financial Agreement Act 1994.
Estimates of special account flows
Table 1.11: Estimates of special account flows
1 The revised opening balance for 2005-06 is the same as the final actual closing balance for 2004-05. This balance has changed from that shown in the 2005-06 Portfolio Budget Statements as the actual for 2004-05 will have been updated to reflect the final budget outcome for the year.
2 This special account is administered in nature and is governed by the Financial Agreement Act 1994.