Department of Infrastructure and Regional Development

Table 3.1.2: Estimates of Special Account flows and balances

  Outcome Opening
Balance
2015–16
2014–15
$'000
Receipts

2015–16
2014–15
$'000
Payments

2015–16
2014–15
$'000
Adjustments

2015–16
2014–15
$'000
Closing
Balance
2015–16
2014–15
$'000
Administered        
Building Australia Fund Infrastructure Portfolio Special Account 1 - 54,460 (54,460) - -
- NBF Act 2008, s61 - 184,680 (184,680) - -
Christmas Island Phosphate Mining Rehabilitation Special Account 4 1,717 1,445 (1,700) - 1,462
- FMA Act 1997, s20 1,945 1,482 (1,710) - 1,717
Indian Ocean Territories Special Account 2014 (a) 4 - 21,757 (21,757) - -
- PGPA Act 2013 Determination 02 - - - - -
Interstate Road Transport Account 2 6,971 71,002 (71,002) - 6,971
- IRT Act 1985, s21 6,971 71,002 (71,002) - 6,971
Jervis Bay Territory Special Account 2014 (a) 4 - 1,047 (1,047) - -
- PGPA Act 2013 Determination 03 - - - - -
Departmental        
Infrastructure Australia Special Account 1 - - - - -
- FMA Act 1997, s20 (b) 5,299 11,953 (2,215) (15,037) -
Services for Other Entities and Trust Moneys—Department of Infrastructure and Regional Development Special Account All 245 - - - 245
- FMA Act 1997, s20 370 - (125) - 245
Total Special Accounts 8,933 149,711 (149,966) - 8,678
14,585 269,117 (259,732) (15,037) 8,933

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
PGPA Act 2013= Public Governance, Performance and Accountability Act 2013

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.
  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.

Back