7/14/2023 0 Comments Government budget software![]() ![]() The Final Budget Outcome for 2021‑22 financial year was released on 28 September 2022. The Charter of Budget Honesty Act 1998 requires that a Final Budget Outcome be released no later than three months after the end of the relevant financial year. The Final Budget Outcome (FBO) encompasses Australian Government general government sector fiscal outcomes for the financial year and is based on external reporting standards. Mid-Year Economic and Fiscal Outlook 2021‑22 Clause 14 of the Charter of Budget Honesty requires the release of a MYEFO each year by the end of January, or six months after the last budget, whichever is later. ![]() The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. The following Australian Government Agencies' held their Portfolio Aditional Estimate Statements on their websites at the time of release. Portfolio Additional Estimates Statements 2021‑22: Treasury Portfolio Whereas the Mid-Year Economic and Fiscal Outlook is a mid-year budget report which provides updated information to allow the assessment of the Government's fiscal performance against its fiscal strategy, the PAES update the most recent budget appropriations for agencies within the relevant portfolio. In this sense the PAES are declared by the Additional Estimates Appropriation Bills to be a 'relevant document' to the interpretation of the Bills according to section 15AB of the Acts Interpretation Act 1901. The PAES facilitate understanding of the proposed appropriations in Appropriation Bills (No. As such, the PAES provides information on new measures and their impact on the financial and non-financial planned performance of agencies. While the PAES include an Agency Resource Statement to inform Parliament of the revised estimate of the total resources available to an agency, the focus of the PAES is on explaining the changes in resourcing since the Budget. The purpose of the Portfolio Additional Estimates Statements (PAES) is to inform Senators and Members of Parliament and the public of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Portfolio Additional Estimates Statements Department of the House of Representatives.Infrastructure, Transport, Regional Development and Communications Portfolio.Industry, Science, Energy and Resources Portfolio.Education, Skills and Employment Portfolio.Agriculture, Water and the Environment Portfolio.The following Australian Government Agencies' held their Portfolio Budget Statements on their websites at the time of release. The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills.Īs required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PBS. In this sense the PBS are Budget related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901. ![]() Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.Ī key role of the PBS is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. The purpose of the Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Regional Ministerial Budget Statement 2021-22 - Supporting Regional Recovery and Growthĭepartment of Infrastructure, Transport, Regional Development and Communications 2) 2021‑2022Īppropriation (Parliamentary Departments) Bill (No. 1) 2021‑2022Īppropriation (Coronavirus Response) Bill (No. 3: Federal Financial RelationsĪppendix B: Total payments to the states by function*Īppendix E: Appropriations and conditions*īuilding a more secure and resilient AustraliaĪppropriation (Coronavirus Response) Bill (No. 1: Budget Strategy and Outlookīudget Paper No. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software.īudget Paper No. Historical Budget documents are available for reference purposes. ![]()
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