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.
2006‑07 Priorities
Strategic and operational issues to be pursued in 2006‑07 include setting government policies and implementing strategies to support the delivery of those policies. 

Changes to Appropriation
Changes to Appropriation - Territorial						
 	2005-06	2006-07	2007-08	2008-09	2009-10	
Payment for Expenses on Behalf of Territory	Est. Outc.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2005-06 Budget	4,749	4,818	4,902	4,984	4,984	
						
2006-07 Budget Policy Adjustments						
Consolidating Information Technology Services	 - 	(52)	(53)	(53)	(53)	
Additional Strategic Advice	 - 	150	152	155	157	
2006-07 Budget Technical Adjustments						
Revised Indexation Parameters	 - 	 - 	 - 	 - 	79	
Increased Notional Superannuation Contribution Rates 	 - 	126	128	129	130	
						
2006-07 Budget	4,749	5,042	5,129	5,215	5,297	

ACT Executive	
Statement of Income and Expenses on Behalf of the Territory	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		Income								
		Revenue								
4,749		Payment for Expenses on behalf of Territory	4,749	5,042	6	5,129	5,215	5,297		
180		Resources Received free of charge	180	180	-	180	180	180		
4,929		Total Revenue	4,929	5,222	6	5,309	5,395	5,477		
		Gains								
0		Total Gains	0	0	-	0	0	0		
4,929		Total Income	4,929	5,222	6	5,309	5,395	5,477		
		Expenses								
3,275		Employee Expenses	3,295	3,442	4	3,485	3,529	3,574		
508		Superannuation Expenses	528	683	29	691	699	706		
1,139		Supplies and Services	1,099	1,090	-1	1,126	1,160	1,190		
2		Depreciation and Amortisation	2	2	-	2	2	2		
4,924		Total Ordinary Expenses	4,924	5,217	6	5,304	5,390	5,472		
5		Operating Result	5	5	-	5	5	5		

ACT Executive	
Statement of Assets and Liabilities on Behalf of the Territory	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
474		Cash	884	897	1	925	955	985		
11		Receivables	0	0	-	0	0	0		
0		Other	1	1	-	1	1	1		
485		Total Current Assets	885	898	1	926	956	986		
		Non Current Assets								
11		Property, Plant and Equipment	10	8	-20	6	4	2		
11		Total Non Current Assets	10	8	-20	6	4	2		
496		TOTAL ASSETS	895	906	1	932	960	988		
		Current Liabilities								
50		Payables	256	256	-	256	256	256		
365		Employee Benefits	338	344	2	365	388	411		
415		Total Current Liabilities	594	600	1	621	644	667		
		Non Current Liabilities								
47		Employee Benefits	23	23	-	23	23	23		
47		Total Non Current Liabilities	23	23	-	23	23	23		
462		TOTAL LIABILITIES	617	623	1	644	667	690		
34		NET ASSETS	278	283	2	288	293	298		
		REPRESENTED BY FUNDS EMPLOYED								
34		Accumulated Funds	278	283	2	288	293	298		
34		TOTAL FUNDS EMPLOYED	278	283	2	288	293	298		

ACT Executive	
Budgeted Statement of Cashflows on Behalf of the Territory	
  2005-06			  2005-06	   2006-07		  2007-08	  2008-09	  2009-10		
    Budget			Est.Outcome	   Budget	   Var	  Estimate	   Estimate	  Estimate		
    $'000			   $'000	   $'000	    %	   $'000	    $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
4,749		Cash from Government for EBT	4,749	5,042	6	5,129	5,215	5,297		
108		Other Revenue	108	103	-5	104	104	104		
4,857		Operating Receipts	4,857	5,145	6	5,233	5,319	5,401		
		Payments								
3,770		Related to Employees	3,837	4,119	7	4,155	4,205	4,257		
959		Related to Supplies and Services	919	910	-1	946	980	1,010		
108		Other	108	103	-5	104	104	104		
4,837		Operating Payments	4,864	5,132	6	5,205	5,289	5,371		
20		NET CASH INFLOW/(OUTFLOW) FROM OPERATING ACTIVITIES	-7	13	286	28	30	30		
20		NET INCREASE/(DECREASE) IN CASH HELD	-7	13	286	28	30	30		
454		CASH AT BEGINNING OF REPORTING PERIOD	891	884	-1	897	925	955		
474		CASH AT THE END OF THE REPORTING PERIOD	884	897	1	925	955	985		

ACT Executive	
Statement of Changes in Equity on Behalf of the Territory	
    Budget			Est.Outcome	   Planned		   Planned	   Planned	   Planned		
as at 30/6/06			as at 30/6/06	as at 30/6/07	   Var	as at 30/6/08	as at 30/6/09	as at 30/6/10		
   $'000			   $'000	    $'000	    %	    $'000	    $'000	    $'000		
29		Opening Balance	274	278	1	283	288	293		
		Accumulated Funds								
0		Net Effect of Change in Accounting Policy	-1	0	-100	0	0	0		
5		Operating Result for the Period	5	5	-	5	5	5		
		Reserves								
5		Total Income And Expense For The Period	4	5	25	5	5	5		
		Transactions Involving Equity Holders Affecting Accumulated Funds								
34		Closing Balance	278	283	2	288	293	298		
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 the Territory:  the increase of $0.293 million in the 2006‑07 Budget from the 2005‑06 estimated outcome is primarily due to increased funding for the provision of additional strategic advice to the Executive, increased notional superannuation contribution rates and indexation, partially offset by information and communication technology savings; 
•	employee expenses:  the increase of $0.147 million in the 2006‑07 Budget from the 2005‑06 estimated outcome is primarily due to a projected increase in staffing; and
•	superannuation expenses:  the increase of $0.155 million in the 2006‑07 Budget from the 2005-06 estimated outcome is primarily due to increased notional superannuation contribution rates.
Statement of Assets and Liabilities on Behalf of the Territory
•	cash:  the increase of $0.410 million in the 2005‑06 estimated outcome from the original budget is due to a higher level of cash identified in the 2004‑05 audited outcome.
Statement of Changes in Equity on Behalf of the Territory
•	accumulated funds:  the increase of $0.244 million in the 2005‑06 estimated outcome from the original budget relates to the flow‑on effect of the 2004‑05 audited outcome.