Department of Infrastructure and Regional Development

Table 3.1.1: Estimates of Special Account flows and balances

  Opening
Balance
2014‑15
2013‑14
$'000
Receipts

2014‑15
2013‑14
$'000
Payments

2014‑15
2013‑14
$'000
Adjustments

2014‑15
2013‑14
$'000
Closing
Balance
2014‑15
2013‑14
$'000
Administered1        
Building Australia Fund Infrastructure Portfolio Special Account
- NBF Act 2008, s61
-
-
379,100
1,198,990
(379,100)
(1,198,990)
-
-
-
-
Christmas Island Phosphate Mining Rehabilitation Special Account
- FMA Act 1997, s20
1,945
-
1,954
1,045
(1,710)
(1,480)
-
2,380
2,189
1,945
Interstate Road Transport Account
- IRT Act 1985, s21
6,971
7,323
71,002
74,574
(71,002)
(74,926)
-
-
6,971
6,971
Departmental        
Infrastructure Australia Special Account2
FMA Act 1997, s20
5,299
1,399
11,953
12,922
(2,215)
(9,022)
(15,037)
-
-
5,299
Services for Other Entities and Trust Moneys—Department of Infrastructure and Regional Development Special Account
- FMA Act 1997, s20
370
1,187
-
-
(125)
(817)
-
-
245
370
Total Special Accounts 14,585
9,909
464,009
1,287,531
(454,152)
(1,285,235)
(15,037)
2,380
9,405
14,585

Act glossary:
FMA Act 1997 = Financial Management and Accountability Act 1997
IRT Act 1985 = Interstate Road Transport Act 1985
NBF Act 2008 = Nation-building Funds Act 2008

Notes:

  1. The Indian Ocean Territories Special Account 2014 and the Jervis Bay Territory Special Account 2014 were both established under section 78 of the Public Governance, Performance and Accountability Act 2013 with effect from 3 December 2014. Estimates relating to both accounts are still being determined.
  2. The Infrastructure Australia Special Account was abolished under section 91(1) of the Infrastructure Australia Amendment Act 2014 with affect from 31 August 2014.

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