Reducing Annual Administered Operating Appropriations Section 11 of Appropriation Act (No. 1) 20X1-X2 and section 12 of both Appropriation Act No. 2 20X1-20X2 and Appropriation (Parliamentary Departments) Act 1 (and equivalent sections for the Additional Estimates and Supplementary Additional Estimates) limit each administered operating appropriation to the amount reported for that item in an agency’s financial statements. Finance issues an annual Estimates Memorandum (EM) to assist agencies with the process for reducing their annual administered operating appropriations. A copy of the EM can be obtained by agencies from their Finance Agency Advice Unit (AAU), the Finance OPA Administration Team at or via the Knowledge Management menu in CBMS. General Disclosure of Appropriations Division 104 of the FMOs sets out the general financial statements disclosure requirements for appropriations. Other Guidance The FMOs require appropriation disclosures to be completed in tabular form. The PRIMA Forms provide the required financial statements disclosure tables in an Excel format to assist agencies in completing these disclosures. Additional information regarding accounting for the transfer of appropriations under section 32 of the FMA Act is located in . Further detail with respect to the policy on departmental and administered repayments to the Commonwealth is contained in . Located on Finance’s website are a number of Finance publications that provide guidance on appropriations. Key topics to search on include: Retained Agency Receipts FMA Regulations 15; – Appropriation Repayments FMA Act Section 28; – Reinstatement of Appropriations; and Transfer of Agency Functions FMA Act Section 32. – Agencies should also have regard to: Estimates Memorandum available through the Knowledge Database (CBMS) or Finance – Agency Advice Units. FinanceBriefs available via Finance website; – Finance Circulars available via Finance website; and – Accounting Guidance available via Finance website. –
Reducing Annual Administered Operating Appropriations Section 11 of Appropriation Act (No. 1) 20X1-X2 and section 12 of both Appropriation Act No. 2 20X1-20X2 and Appropriation (Parliamentary Departments) Act 1 (and equivalent sections for the Additional Estimates and Supplementary Additional Estimates) limit each administered operating appropriation to the amount reported for that item in an agency’s financial statements. Finance issues an annual Estimates Memorandum (EM) to assist agencies with the process for reducing their annual administered operating appropriations. A copy of the EM can be obtained by agencies from their Finance Agency Advice Unit (AAU), the Finance OPA Administration Team at or via the Knowledge Management menu in CBMS. General Disclosure of Appropriations Division 104 of the FMOs sets out the general financial statements disclosure requirements for appropriations. Other Guidance The FMOs require appropriation disclosures to be completed in tabular form. The PRIMA Forms provide the required financial statements disclosure tables in an Excel format to assist agencies in completing these disclosures. Additional information regarding accounting for the transfer of appropriations under section 32 of the FMA Act is located in . Further detail with respect to the policy on departmental and administered repayments to the Commonwealth is contained in . Located on Finance’s website are a number of Finance publications that provide guidance on appropriations. Key topics to search on include: Retained Agency Receipts – FMA Regulations 15; Appropriation Repayments – FMA Act Section 28; Reinstatement of Appropriations; and Transfer of Agency Functions – FMA Act Section 32. Agencies should also have regard to: Estimates Memorandum – available through the Knowledge Database (CBMS) or Finance Agency Advice Units. FinanceBriefs – available via Finance website; Finance Circulars – available via Finance website; and Accounting Guidance – available via Finance website.
AGN-2013-1-Annual-Appropriations-Reporting.docx