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 Chapter Title - Outcome 1 - Sustainable Government Finances
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Chapter contents | Performance Information for Outcome 1 - Output 1.1.4—Ownership and Advice to Government< Performance Information for Outcome 1 - Output 1.1.5—Budget Management> Resources for Outcome 1—Sustainable Government Finances

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PERFORMANCE INFORMATION FOR OUTCOME 1

Output 1.1.5—Budget Management

QUALITY
Target Result

One per cent difference between first forward year estimated operating result and final outcome.

Not applicable—use of this target does not produce results that are a meaningful assessment of performance. Accordingly, Finance has developed a more appropriate indicator for 2001–02.1

0.5 per cent difference between revised estimated operating result and final outcome.

Not applicable—use of this target does not produce results that are a meaningful assessment of performance. Accordingly, Finance has developed a more appropriate indicator for 2001–02.1

0.3 per cent difference between revised estimated operating result at Mid-term Review and final outcome.

Not applicable—use of this target does not produce results that are a meaningful assessment of performance. Accordingly, Finance has developed a more appropriate indicator for 2001–02.1

0.25 per cent difference between revised estimated operating result at Budget time and final outcome.

Not applicable—use of this target does not produce results that are a meaningful assessment of performance. Accordingly, Finance has developed a more appropriate indicator for 2001–02.1

90 per cent of briefings and Ministerial replies rated excellent or above average.

Achieved—94 per cent of Ministerials and 93 per cent of briefings were rated excellent or above average.

90 per cent of Ministerial letters turned around within two days.

Surpassed—99 per cent of standard Ministerial letters were completed within two calendar days or less.

QUANTITY
TargetResult

11 major Budget documents.

All major Budget documents prepared.

80 briefings to the Minister.

65—Demand driven.

40 briefings in the Budget context.

33—Demand driven.

200 written Ministerial replies.

246—Demand driven.

1,000 in-person, electronic or telephone items briefings to the Minister and the Minister's Office.

579—Demand driven.
55 staff days ERC support.

50 staff days—In line with target.

  1. Finance has changed the measure of performance in the 2001–02 Portfolio Budget Statements to be the difference between estimated expenses and the final outcome, which is a more appropriate measure of performance. On this basis performance against these targets was 3, 4, 3 and 0 per cent respectively, which means the first three targets would not have been met and the fourth target would have been achieved.

    The operating result of $6.0 billion is the difference between much bigger figures of $161.6 billion revenue and $155.6 billion expenses. A very small percentage change in either the revenue or the expenses estimate can thus have a huge impact on the operating result. For this reason the performance measure has been changed to estimated expenses (including capital) to better correspond to the equivalent performance measure of accuracy of outlays estimates which was used in reports prior to 1999–2000
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