Department of Infrastructure and Regional Development

Table 3.1: Estimates of Special Account flows and balances

 Outcome

Opening
Balance
2016–17
2015–16
$'000
Receipts

2016–17
2015–16
$'000
Payments

2016–17
2015–16
$'000
Adjustments

2016–17
2015–16
$'000
Closing
Balance
2016–17
2015–16
$'000
Administered        
BAF Infrastructure Portfolio Special 1 - 461,600 (461,600) - -
Account—NBF Act 2008, s61(1) - 6,920 (6,920) - -
Christmas Island Phosphate Mining 4 2,440 - - (2,440) -
Rehabilitation Special Account (a) —FMA Act Determination 2006/11 1,963 1,917 (1,440) - 2,440
Christmas Island Phosphate Mining 4 - 1,500 (1,500) 2,440 2,440
Rehabilitation Special Account 2016 (a) —PGPA Act Determination—Establishment - - - - -
Indian Ocean Territories Special 4 5,247 20,242 (25,242) - 247
Account 2014 (b) —PGPA Act Determination 02 - 21,997 (16,750) - 5,247
Interstate Road Transport Account 2 - 71,002 (71,002) - -
—FMLA Act 1999, s5(3) 6,249 64,108 (70,357) - -
Jervis Bay Territory Special 4 77 1,083 (1,160) - -
Account 2014 (b) —PGPA Act Determination 03 - 1,154 (1,077) - 77
Melbourne Airport New Runway Land 2 - 10,000 (10,000) - -
Acquisition Special Account (c) —PGPA Act Determination 2015/10 - - - - -
Departmental        
Services for Other Entities and Trust All 227 - - - 227
Moneys—Department of Infrastructure and   279 - (52) - 227
Regional Development Special Account —FMA Act Determination 2011/08        
Total Special Accounts 7,991 565,427 (570,504) - 2,914
8,491 96,096 (96,596) - 7,991

Act glossary:
FMA Act = Financial Management and Accountability Act 1997
FMLA Act 1999 = Financial Management Legislation Amendment Act 1999
NBF Act 2008 = Nation-building Funds Act 2008
PGPA Act = Public Governance, Performance and Accountability Act 2013

Notes:

  1. The Christmas Island Phosphate Mining Rehabilitation Special Account established under the FMA Act Determination 2006/11 was closed and a new account established under subsection 78(1) of the PGPA Act with effect from 23 August 2016.
  2. The Indian Ocean Territories Special Account 2014 and the Jervis Bay Territory Special Account 2014 were both established under section 78(1)(a) of the PGPA Actwith effect from 3 December 2014.
  3. The Melbourne Airport New Runway Land Acquisition Special Account was established under subsection 78(1) of the PGPA Act with effect from 22 September 2015.

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