Appendix 6: Explanation of Programme Budget Variance

News & Resources

This appendix references the appropriation programme expenditure 2014 - 2015 Table 2-12 on page 27 and provides additional information on the reason for the variances for each programme area’s expenditure as compared to budget allocations.

During 2014 - 2015, the TSRA operated under a programme structure which was focused on the delivery of outcomes and realisation of measurable benefits against the Torres Strait and Northern Peninsula Area Regional Plan 2009 - 2029 and the Torres Strait Development Plan 2014 - 2018.

The 2014 - 2015 actual programme spend from appropriation totalled $55.238 million compared to a budget allocation of $55.537 million, resulting in a variance of $0.299 million or 0.54 per cent.

In the main, the variances can be attributed to changes in project phasing between financial years or under-expenditure in the grants projects due to the number of applications which are approved following the assessment process. The notes to Table 6-4 provide reasons for variances greater than two per cent between budget and actual.

The following programmes recorded variances between budget and actual.

Table 6-4: Programme Budget Variance, 2014 - 2015 (unaudited)

Appropriation Programme Variance between Budget and Actual, 2014 - 2015
Programme Variance
$,000
Variance (%)
Culture, Art and Heritage(1) 131 2.83
Economic Development 49 0.37
Environmental Management(2) (120) (2.62)
Fisheries (4) (0.09)
Governance and Leadership 76 1.40
Healthy Communities 87 0.59
Native Title (32) (0.85)
Safe Communities(3) 112 2.50
(1) Minor variation (2.83 per cent) due to number and value of grant funding applications approved.
(2) Minor variation (2.62 per cent) due to phasing of activities from 2014 - 2015 to 2015 - 2016.
(3) Minor variation (2.50 per cent) due to number and value of grant funding applications approved.

a photograph of Economic Development Summit participants

Economic Development Summit participants.