ACT EXECUTIVE
Objectives
The ACT Executive consists of the Chief Minister and other Ministers appointed by the Chief Minister.  The ACT Executive has powers under the Australian Capital Territory (Self Government) Act 1988 to govern the Territory and execute and maintain enactments and laws.
2009-10 Priorities
Strategic and operational issues to be pursued in 2009-10 include setting government priorities and policies and implementing strategies to support the delivery of those policies.

Estimated Employment Level
2008-09
Budget			2008-09
Est. Outcome	2009-10
Budget	
32		  Staffing  (FTE)1	361	37	
Note:
1.	The increase in the staffing level is due to additional funding provided in the 2008-09 Budget Second Appropriation.

Changes to Appropriation
Changes to Appropriation - Territorial						
 	2008-09	2009-10	2010-11	2011-12	2012-13	
Payment for Expenses on Behalf of Territory	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2008-09 Budget	5,582	5,700	5,781	5,833	5,833	
						
2nd Appropriation						
Enhanced Accountability	414	549	567	586	606	
						
2009-10 Budget Technical Adjustment						
Revised Indexation Parameters	 - 	(3)	(3)	(3)	87	
						
2009-10 Budget	5,996	6,246	6,345	6,416	6,526	

ACT Executive
Statement of Income and Expenses on Behalf of the Territory
2008-09			2008-09	2009-10		2010-11	2011-12	2012-13		
Budget			Est.Outcome	Budget	   Var	  Estimate	   Estimate	  Estimate		
$'000			$'000	$'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
5,582		Payment for Expenses on behalf of Territory	5,996	6,246	4	6,345	6,416	6,526		
180		Resources Received Free of Charge	180	180	-	180	180	180		
5.762		Total Revenue	6,176	6,426	4	6,525	6,596	6,706		
		Gains								
0		Total Gains	0	0	-	0	0	0		
5,762		Total Income	6,176	6,426	4	6,525	6,596	6,706		
		Expenses								
3,899		Employee Expenses	4,282	4,483	5	4,554	4,627	4,697		
653		Superannuation Expenses	684	696	2	695	693	703		
1,197		Supplies and Services	1,164	1,212	4	1,242	1,242	1,272		
13		Depreciation and Amortisation	41	42	2	44	44	44		
5		Borrowing Costs	10	10	-	10	10	10		
5,767		Total Ordinary Expenses	6,181	6,443	4	6,545	6,616	6,726		
-5		Operating Result	-5	-17	-240	-20	-20	-20		

ACT Executive
Statement of Assets and Liabilities on Behalf of the Territory
Budget			Est.Outcome	Planned		Planned	Planned	Planned		
as at 30/6/09			as at 30/6/09	as at 30/6/10	Var	as at 30/6/11	as at 30/6/12	as at 30/6/13		
$'000			$'000	$'000	%	$'000	$'000	$'000		
		Current Assets								
1,292		Cash and Cash Equivalents	256	303	18	324	322	345		
4		Other	0	0	-	0	0	0		
1,296		Total Current Assets	256	303	18	324	322	345		
		Non Current Assets								
55		Property, Plant and Equipment	143	113	-21	110	109	108		
55		Total Non Current Assets	143	113	-21	110	109	108		
1,351		TOTAL ASSETS	399	416	4	434	431	453		
		Current Liabilities								
95		Payables	178	184	3	184	185	186		
53		Finance Leases	74	88	19	82	94	80		
563		Employee Benefits	533	558	5	584	610	636		
711		Total Current Liabilities	785	830	6	850	889	902		
		Non Current Liabilities								
3		Finance Leases	70	59	-16	77	55	84		
0		Employee Benefits	8	8	-	8	8	8		
3		Total Non Current Liabilities	78	67	-14	85	63	92		
714		TOTAL LIABILITIES	863	897	4	935	952	994		
637		NET ASSETS	-464	-481	-4	-501	-521	-541		
		REPRESENTED BY FUNDS EMPLOYED								
637		Accumulated Funds	-464	-481	-4	-501	-521	-541		
637		TOTAL FUNDS EMPLOYED	-464	-481	-4	-501	-521	-541		

ACT Executive
Budgeted Statement of Cash Flows on Behalf of the Territory
2008-09			2008-09	2009-10		2010-11	2011-12	2012-13		
Budget			Est.Outcome	Budget	Var	Estimate	Estimate	Estimate		
$'000			$'000	$'000	%	$'000	$'000	$'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
5,582		Cash from Government for EBT	5,996	6,246	4	6,345	6,416	6,526		
105		Other Revenue	95	97	2	102	104	104		
5,687		Operating Receipts	6,091	6,343	4	6,447	6,520	6,630		
		Payments								
3,868		Related to Employees	4,282	4,483	5	4,554	4,627	4,697		
652		Related to Superannuation	684	696	2	695	693	703		
1,017		Related to Supplies and Services	944	963	2	1,012	1,035	1,040		
5		Borrowing Costs	5	10	100	10	10	10		
105		Other	95	97	2	102	104	104		
5,647		Operating Payments	6,010	6,249	4	6,373	6,469	6,554		
40		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	81	94	16	74	51	76		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Payments								
11		Repayment of Finance Lease	47	47	-	53	53	53		
11		Financing Payments	47	47	-	53	53	53		
-11		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	-47	-47	-	-53	-53	-53		
29		NET INCREASE/ (DECREASE) IN CASH HELD	34	47	38	21	-2	23		
1,263		CASH AT BEGINNING OF REPORTING PERIOD	222	256	15	303	324	322		
1,292		CASH AT THE END OF THE REPORTING PERIOD	256	303	18	324	322	345		

ACT Executive
Statement of Changes in Equity on Behalf of the Territory
Budget			Est.Outcome	Planned		Planned	Planned	Planned		
as at 30/6/09			as at 30/6/09	as at 30/6/10	Var	as at 30/6/11	as at 30/6/12	as at 30/6/13		
$'000			$'000	$'000	%	$'000	$'000	$'000		
642		Opening Balance	-459	-464	1	-481	-501	-521		
		Accumulated Funds								
-5		Operating Result for the Period	-5	-17	-240	-20	-20	-20		
		Reserves								
-5		Total Income And Expense For The Period	-5	-17	-240	-20	-20	-20		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
637		Closing Balance	-464	-481	-4	-501	-521	-541		
Notes to the Budget Statements
Significant variations are as follows:
Statement of Incomes and Expenses on Behalf of the Territory
•	payment for expenses on behalf of Territory:
•	the increase of $0.414 million in the 2008-09 estimated outcome from the original budget is due to the 2008-09 Budget Second Appropriation which provided for additional capacity within the Executive and wage increases; and
•	the increase of $0.250 million in the 2009-10 Budget from the 2008-09 estimated outcome reflects the full year effect of the 2008-09 Budget Second Appropriation and indexation.
•	employee expenses:
•	the increase of $0.383 million in the 2008-09 estimated outcome from the original budget is due to the 2008-09 Budget Second Appropriation which provided for additional capacity within the Executive and wage increases; and
•	the increase of $0.201 million in the 2009-10 Budget from the 2008-09 estimated outcome reflects the full year effect of the 2008-09 Budget Second Appropriation and wage increases.
•	depreciation:  the increase of $0.028 million in the 2008-09 estimated outcome from the original budget is due to increased depreciation expenses associated with leased vehicles.

Statement of Assets and Liabilities on Behalf of the Territory
•	cash at bank:
•	the decrease of $1.036 million in the 2008-09 estimated outcome from the original budget is due to 2007-08 audited outcome flow on effects; and
•	the increase of $0.047 million in the 2009-10 Budget from the 2008-09 estimated outcome is due to positive cash flows from operations.
•	property, plant and equipment:  the increase of $0.088 million in the 2008-09 estimated outcome from the original budget is due to the value of leased vehicles.
•	current and non current finance leases:  the increase of $0.088 million in the 2008-09 estimated outcome from the original budget relates to new finance leases on vehicles.