Statement of departmental expenditure and appropriations
for the year ended 30 June 2006
This statement shows expenditure incurred by the Department against each departmental output expense appropriation. All appropriations are GST exclusive from the 2006 Main Estimates.
| |
2006 Actual
$000 |
2006 Main
Estimates
$000 |
2006
Appropriation
Changes
$000 |
2006
Supplementary
Estimates
$000 |
2005 Actual
$000 |
Vote Housing -
Departmental output expenses |
| Building Act 2004 Implementation |
3,262 |
4,919 |
(1,309) |
3,610 |
2,996 |
| Building Regulation and Control |
11,124 |
12,265 |
(645) |
11,620 |
7,727 |
| Occupational Licensing |
2,815 |
4,125 |
(20) |
4,105 |
1,278 |
| Purchase and Monitoring Advice - |
|
|
|
|
|
| Housing New Zealand Corporation |
389 |
400 |
2 |
402 |
411 |
| Residential Tenancy Services |
17,740 |
17,838 |
(76) |
17,762 |
17,068 |
| Sector and Regulatory Policy |
3,356 |
3,726 |
212 |
3,938 |
3,315 |
| State Housing Appeals Services |
32 |
67 |
- |
67 |
48 |
Weathertight Homes
Resolution Service |
15,721 |
17,689 |
50 |
17,739 |
- |
Total departmental output
expenses and appropriations |
54,439 |
61,029 |
(1,786) |
59,243 |
32,843 |
For information on major budget variances refer to Note 16 in the Notes to the Financial Statements (page 54).
Memorandum Accounts
for the year ended 30 June 2006
Memorandum accounts are notional accounts to record the accumulated balance of surpluses and deficits incurred for outputs operating on a full cost-recovery basis. They are intended to provide a long-run perspective on the pricing of outputs. The balance of each memorandum account is intended to tend to zero over time.
| |
2006
Actual
$000 |
2005
Actual
$000 |
| Building Controls |
|
|
| Opening balance at 1 July |
(2,996) |
- |
| Revenue (primarily from building levies) |
19,067 |
- |
| Expenses |
(14,386) |
(2,996) |
| Closing balance at 30 June |
1,685 |
(2,996) |
| |
|
|
| Occupational Licensing - Building Practitioners |
|
|
| Opening balance at 1 July |
(1,537) |
- |
| Transfer deficit from Ministry of Economic Development on 1 November 2004 |
- |
(260) |
| Revenue |
6 |
1 |
| Expenses |
(2,815) |
(1,278) |
| Closing balance at 30 June |
(4,346) |
(1,537) |
The $2.809 million deficit on the Occupational Licensing - Building Practitioners memorandum account in 2006 is being temporarily financed by the Crown. Revenue in 2005 and 2006 is for the recovery of superannuation costs from the State Services Commission. Revenue from the Building Practitioner Licensing Scheme is expected to be earned from the 2007/08 financial year.
Statement of Trust Monies
as at 30 June 2006
The Department of Building and Housing operates trust accounts under section 66 of the Public Finance Act 1989. The transactions through these accounts and their balances at 30 June 2006 are not included in the Department's own financial statements. Movements in these accounts during the year ended 30 June 2006 (as reported to the Treasury) were as follows.
| |
Opening Balance
1 July 05
$000 |
Contributions
Received
$000 |
Distributions
Made
$000 |
Cash Receipts
$000 |
Cash Expenses
$000 |
Closing Balance
30 June 06
$000 |
| Trust account |
|
|
|
|
|
|
| Certifiers Bond Trust Account |
85 |
86 |
- |
7 |
- |
178 |
| Residential Tenancies Trust Account |
187,065 |
117,837 |
(97,383) |
- |
- |
207,519 |
Certifiers Bond Trust Account
The Certifiers Bond Trust Account holds in trust deposits received from certifiers of building consents.
Residential Tenancies Trust Account
The Residential Tenancies Trust Account holds all sums paid by way of a bond in respect of any tenancy pursuant to the Residential Tenancies Act 1986.
A full set of audited financial statements for the Trust, prepared on an accrual accounting basis in conformity with generally accepted accounting practice, is provided on pages 66 to 71.
These financial statements are to be read in conjunction with the accompanying accounting policies and notes to the financial statements.
Back to top