Part 5 Financial report
Financial report as at 30 June 2019
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| 2018–19 Budget $'000 |
2018–19 Actual $'000 |
Variation (Column 2–1) $'000 |
2019–20 Budget $'000 |
|
| Salaries/Commissioners' fees | 425 | 428.3 | 3.3 | 397 |
| Revenue | 0 | 0 | 0 | 0 |
| Supplier expenses | 19 | 27.2 | 8.2 | 43 |
| TOTAL | 444 | 455.5 | 11.5* | 440 |
| Holders of public office | 3 | 3 | 3 | |
| Staff | 1.6 | 1.6 | 1.6 |
Explanatory notes
The The Commission’s financial report is prepared on an accrual budgeting basis.
The Commission’s budget is provided from funds allocated to the Aviation and Airports Division within the Department of Infrastructure, Transport, Cities and Regional Development. The Commission’s offices are in a departmental building.
In financial year 2018–19, the Commission’s small overspend met superannuation benefits not originally included in the salary projections and slightly higher travel arrangements for interstate Commissioners to attend meetings in Canberra.