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Statement of Unappropriated Expenditure for the Year Ended 30 June 2003


This Document is Archived


Report of the Ministry of Economic Development for the Year Ended 30 June 2003

[ Last Updated 5 January 2006 ]


Figures are GST inclusive where applicable)

The Statement of Unappropriated Expenditure details the amount of expenditure incurred above appropriation.

2002200320032003
AppropriationUnappropriated
ActualActualVotedExpenditure
$000$000$000$000
 
Vote: Economic, Industry and Regional Development 
Non-Departmental Output Class 
Coordination and Facilitation of Sector Strategies13,14513,04897
Delivery of Business Success and Outreach Programmes8,3758,248127
Vote: Energy
Non-Departmental Output Class
Blenheim Wells1,193840353
Other Expenses to be incurred by the Crown
188Blenheim Bore Remediation------

This statement is to be read in conjunction with the Statement of Accounting Policies and Notes to the Financial Statements.

Vote: Economic, Industry and Regional Development

For both Non-Departmental Output Classes the unappropriated expenditure has occurred due to a technical breach of the appropriation. Prior year expenditure (for the June 2002 month) was understated by the GST component of the year-end accrual and as a result these costs have been charged against the 2002/2003 appropriation.

The Minister of Finance has approved the unappropriated expenditure in terms of section 12 of the Public Finance Act 1989.

Vote: Energy

Remedial work was required to plug two historic oil wells in New Plymouth. Work on the first well went according to programme but took longer than expected. Work on the second well was more complex than anticipated due to the worse than expected condition of the well that was not known at the time of the Cabinet approval or in time for inclusion in the 2002/2003 Supplementary Estimates.

The Minister of Finance has approved $243,000 of this unappropriated expenditure in terms of section 12 of the Public Finance Act 1989. The remaining $110,000 requires validating legislation.

This statement is to be read in conjunction with the Statement of Accounting Policies and Notes to the Financial Statements.


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