FINANCIAL RESULT
FWBC had total income of $30.251 million for 2012-13 which included appropriation funding of $29.877 million in 2012-13. The appropriation was inclusive of funding reductions of $3 million for operational efficiencies upon formation of the FWBC and $0.103 million for targeted savings of public service efficiencies.
FWBC recorded an operating surplus of $0.047 million for 2012-13.
Refer to part 4 of this report for the FWBC financial statements.
Table 3.4 summarises the total resources in comparison to the total payments made during the year.
TABLE 3.4 FWBC RESOURCE STATEMENT 2012-13
Actual available appropriation for
2012-13
$’000 (a)
|
Payments made
2012-13
$’000 (b)
|
Balance remaining
$’000 (a) – (b)
|
|
Ordinary annual services |
|||
Prior year departmental appropriation
|
42,314
|
28,259
|
14,055
|
Departmental appropriation1
|
30,871
|
3,989
|
26,882
|
s. 31 FMA Act relevant agency receipts
|
–
|
–
|
–
|
Total ordinary annual services
|
73,185
|
32,248
|
40,937
|
Total net resourcing for the Office of the Fair Work Building Industry Inspectorate
|
73,185
|
32,248
|
40,937
|
1. Appropriation Bill (No. 1) 2012-13
TABLE 3.5 FWBC EXPENSES AND RESOURCES FOR OUTCOME
Outcome 1 Enforce workplace relations laws in the building and construction industry and ensure compliance with those laws by all participants in the building and construction industry through the provision of education, assistance and advice. |
Budget*
2012-13 $’000 (a) |
Actual expenses 2012-13 $’000 (b) |
Variation $’000 (a) – (b) |
Program 1.1: Education, advice and compliance functions |
|||
Departmental expenses: |
|||
Ordinary annual services |
30,251 |
28,948 |
1,303 |
Expenses not requiring appropriation in the budget year |
– |
1,256 |
(1,256) |
Total for Program 1.1 |
30,251 |
30,204 |
47 |
Outcome 1 |
|||
Departmental expenses: |
|||
Ordinary annual services |
30,251 |
28,948 |
1,303 |
Expenses not requiring appropriation in the budget year |
– |
1,256 |
(1,256) |
Total expenses for Outcome 1 |
30,251 |
3,325 |
47 |
* Full year budget, including any subsequent adjustment made to the 2012-13 Budget.
TABLE 3.6 FWBC STAFFING LEVELS
|
2012-13 (Actual) |
2013-2014 (Budget) |
Average staffing level (number) |
134.5 |
100 |
Table 3.5 summarises expenses and resources required for FWBC to achieve its outcome.