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.
2010-11 Priorities
Strategic and operational issues to be pursued in 2010‑11 include setting government priorities and policies and implementing strategies to support the delivery of those policies. 
Estimated Employment Level
2008‑09
Actual Outcome		2009-10
Budget
	2009-10
Est. Outcome	2010-11
Budget
	
34	Staffing (FTE) 	37	311	35	
Note:
1.	During 2009-10 some positions were not filled due to individual recruitment decisions taken by members of the Executive. Recruitment will be undertaken in 2010-11 to increase staffing levels. 
Changes to Appropriation
Changes to Appropriation - Departmental						
 	2009-10	2010-11	2011-12	2012-13	2013-14	
Payment for Expenses on Behalf of Territory	Est. Out.	Budget	Estimate	Estimate	Estimate	
 	$'000	$'000	$'000	$'000	$'000	
						
2009-10 Budget	6,246	6,345	6,416	6,526	6,526	
						
2010-11 Budget Technical Adjustment						
Revised Indexation Parameters	- 	- 	- 	- 	100 	
						
2010-11 Budget	6,246	6,345	6,416	6,526	6,626	

ACT Executive
Statement of Income and Expenses on Behalf of the Territory
  2009-10			  2009-10	   2010-11		  2011-12	    2012-13	  2013-14		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		Income								
		Revenue								
6,246		Payment for Expenses on behalf of Territory	6,246	6,345	2	6,416	6,526	6,626		
180		Resources Received Free of Charge	180	180	-	180	180	180		
6,426		Total Revenue	6,426	6,525	2	6,596	6,706	6,806		
		Gains								
0		Total Gains	0	0	-	0	0	0		
6,426		Total Income	6,426	6,525	2	6,596	6,706	6,806		
		Expenses								
4,483		Employee Expenses	4,672	4,739	1	4,796	4,871	4,938		
696		Superannuation Expenses	629	640	2	644	656	667		
1,212		Supplies and Services	1,090	1,112	2	1,122	1,145	1,167		
42		Depreciation and Amortisation	42	44	5	44	44	44		
10		Borrowing Costs	10	10	-	10	10	10		
6,443		Total Ordinary Expenses	6,443	6,545	2	6,616	6,726	6,826		
-17		Operating Result	-17	-20	-18	-20	-20	-20		
-17		Total Comprehensive Income	-17	-20	-18	-20	-20	-20		

ACT Executive
Statement of Assets and Liabilities on Behalf of the Territory
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/10			as at 30/6/10	as at 30/6/11	   Var	as at 30/6/12	as at 30/6/13	as at 30/6/14		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Current Assets								
303		Cash and Cash Equivalents	403	424	5	422	445	468		
303		Total Current Assets	403	424	5	422	445	468		
		Non Current Assets								
113		Property, Plant and Equipment	114	111	-3	110	109	108		
113		Total Non Current Assets	114	111	-3	110	109	108		
416		TOTAL ASSETS	517	535	3	532	554	576		
		Current Liabilities								
184		Payables	269	269	-	270	271	272		
88		Finance Leases	86	80	-7	92	78	99		
558		Employee Benefits	708	734	4	760	786	812		
830		Total Current Liabilities	1,063	1,083	2	1,122	1,135	1,183		
		Non Current Liabilities								
59		Finance Leases	52	70	35	48	77	71		
8		Employee Benefits	78	78	-	78	78	78		
67		Total Non Current Liabilities	130	148	14	126	155	149		
897		TOTAL LIABILITIES	1,193	1,231	3	1,248	1,290	1,332		
-481		NET ASSETS	-676	-696	-3	-716	-736	-756		
		REPRESENTED BY FUNDS EMPLOYED								
-481		Accumulated Funds	-676	-696	-3	-716	-736	-756		
-481		TOTAL FUNDS EMPLOYED	-676	-696	-3	-716	-736	-756		

ACT Executive
Budgeted Statement of Cash Flows on Behalf of the Territory
  2009-10			  2009-10	   2010-11		  2011-12	    2012-13	  2013-14		
    Budget			Est.Outcome	   Budget	     Var	  Estimate	    Estimate	  Estimate		
    $'000			    $'000	   $'000	      %	    $'000	     $'000	   $'000		
		CASH FLOWS FROM OPERATING ACTIVITIES								
		Receipts								
6,246		Cash from Government for EBT	6,246	6,345	2	6,416	6,526	6,626		
97		Other Revenue	97	102	5	104	104	104		
6,343		Operating Receipts	6,343	6,447	2	6,520	6,630	6,730		
		Payments								
4,483		Related to Employees	4,672	4,739	1	4,796	4,871	4,938		
696		Related to Superannuation	629	640	2	644	656	667		
963		Related to Supplies and Services	841	882	5	915	913	935		
10		Borrowing Costs	10	10	-	10	10	10		
97		Other	97	102	5	104	104	104		
6,249		Operating Payments	6,249	6,373	2	6,469	6,554	6,654		
94		NET CASH INFLOW/ (OUTFLOW) FROM OPERATING ACTIVITIES	94	74	-21	51	76	76		
		CASH FLOWS FROM FINANCING ACTIVITIES								
		Payments								
47		Repayment of Finance Lease	47	53	13	53	53	53		
47		Financing Payments	47	53	13	53	53	53		
-47		NET CASH INFLOW/ (OUTFLOW) FROM FINANCING ACTIVITIES	-47	-53	-13	-53	-53	-53		
47		NET INCREASE/ (DECREASE) IN CASH HELD	47	21	-55	-2	23	23		
256		CASH AT BEGINNING OF REPORTING PERIOD	356	403	13	424	422	445		
303		CASH AT THE END OF THE REPORTING PERIOD	403	424	5	422	445	468		

ACT Executive
Statement of Changes in Equity on Behalf of the Territory
    Budget			Est.Outcome	    Planned		   Planned	   Planned	   Planned		
as at 30/6/10			as at 30/6/10	as at 30/6/11	   Var	as at 30/6/12	as at 30/6/13	as at 30/6/14		
   $'000			   $'000	     $'000	    %	    $'000	    $'000	    $'000		
		Opening Equity								
-464		Opening Accumulated Funds	-659	-676	-3	-696	-716	-736		
-464		Balance at the Start of the Reporting Period	-659	-676	-3	-696	-716	-736		
		Comprehensive Income								
-17		Operating Result for the Period	-17	-20	-18	-20	-20	-20		
-17		Total Comprehensive Income	-17	-20	-18	-20	-20	-20		
0		Total Movement in Reserves	0	0	-	0	0	0		
		Transactions Involving Owners Affecting Accumulated Funds								
		Closing Equity								
-481		Closing Accumulated Funds	-676	-696	-3	-716	-736	-756		
-481		Balance at the End of the Reporting Period	-676	-696	-3	-716	-736	-756		
Notes to the Budget Statements
Significant variations are as follows:
Statement of Income and Expenses on Behalf of the Territory
•	payment for expenses on behalf of the Territory:  the increase of $0.099 million in the 2010‑11 Budget from the 2009‑10 estimated outcome reflects indexation. 
Statement of Assets and Liabilities on Behalf of the Territory
•	cash and cash equivalents:
–	the increase of $0.1 million in the 2009‑10 estimated outcome from the original budget is due to 2008‑09 audited outcome flow‑on effects; and
–	the increase of $0.021 million in the 2010‑11 Budget from the 2009‑10 estimated outcome is due to positive cash flows from operations.
•	payables:  the increase of $0.085 million in the 2009‑10 estimated outcome from the original budget relates to the flow‑on effects of the 2008‑09 audited outcome. 
•	current and non current employee benefits:  the increase of $0.220 million in the 2009‑10 estimated outcome from the original budget is due to 2008‑09 audited outcome flow‑on effects, which included a change in the methodology for determining employee benefits.