Net Cwlth DCA Fund DCA levy DCA Fund financing Cwlth accum share(1) Earnings(3) requiremnt(2) balance $M $M $M $M 2014-15 2,687 364 58 2,381 2015-16 2,864 588 176 4,833 2016-17 3,008 1,551 278 6,568 3,158 4,605 293 5,414 2017-18 Notes: (1) From Table 3 (2) From Table 2A for 2014-15 and 2015-16, Table 6 for 2016-17 and 2018-19 (3) DisabilityCare Australia Fund earnings assumed at 5% pa; 6 months earnings assumed in year of collection on levy net financing requirement Table 8 shows the build-up of surpluses in the DCA Fund that arise from the States’ share of the DCA levy less the payments made to the States from the DCA Fund, plus the States’ share of the earnings on the accumulated balances in the DCA Fund. The surplus is held by the Commonwealth. TABLE 8: DCA Fund: States’ share DCA Fund DCA levy Payments DCA Fund States’ accum States’ share(1) to States(2) Earnings(3) balance(4) $M $M $M $M 2014-15 825 0 21 846 2015-16 854 68 62 1,694 2016-17 884 186 102 2,494 2017-18 915 321 140 3,228 2018-19 947 1,813 140 2,502 Notes: (1) From Table 3 (2) 2015-16 Budget No 3, Table 2.7, P 39 (3) DisabilityCare Australia Fund earnings assumed at 5% pa; 6 months earnings in year of collection (4) Notional States’ share, but held by Commonwealth
DCA levy share(1) $M Net Cwlth financing requiremnt(2) $M DCA Fund Earnings(3) $M DCA Fund Cwlth accum balance $M 2014-15 2,687 364 58 2,381 2015-16 2,864 588 176 4,833 2016-17 3,008 1,551 278 6,568 2017-18 3,158 4,605 293 5,414 Notes: (1) From Table 3 (2) From Table 2A for 2014-15 and 2015-16, Table 6 for 2016-17 and 2018-19 (3) DisabilityCare Australia Fund earnings assumed at 5% pa; 6 months earnings assumed in year of collection on levy net financing requirement Table 8 shows the build-up of surpluses in the DCA Fund that arise from the States’ share of the DCA levy less the payments made to the States from the DCA Fund, plus the States’ share of the earnings on the accumulated balances in the DCA Fund. The surplus is held by the Commonwealth. TABLE 8: DCA Fund: States’ share DCA levy States’ share(1) $M Payments to States(2) $M DCA Fund Earnings(3) $M DCA Fund States’ accum balance(4) $M 2014-15 825 0 21 846 2015-16 854 68 62 1,694 2016-17 884 186 102 2,494 2017-18 915 321 140 3,228 2018-19 947 1,813 140 2,502 Notes: (1) From Table 3 (2) 2015-16 Budget No 3, Table 2.7, P 39 (3) DisabilityCare Australia Fund earnings assumed at 5% pa; 6 months earnings in year of collection (4) Notional States’ share, but held by Commonwealth
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