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
(Appropriation Bill No. 1)

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
Totals by appropriation type

      

Departmental expenses:

      

Ordinary annual services
(Appropriation Bill No. 1)

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.