Portfolio Budget Statements (PBS)

Portfolio Budget Statements (PBS) informs Parliament and the public of the proposed allocation of resources to Government outcomes. The PBS provides an important means by which the Executive Government remains accountable to the Parliament.

The PBS also assists in the interpretation of the appropriations. There is an interpretation provision in the Appropriation Acts, which will require the PBS to be taken into account when interpreting the items in the Appropriation Acts.

Finance maintains guidelines on the format of the PBS and a Budget timetable that highlights key dates for the preparation of the current year's PBS.

Portfolio Budget Statement reporting is described further in the Guidance for the Preparation of the 2014-15 Portfolio Budget Statements:

Last year's version of the PBS Guidance is provided below for reference when agencies are preparing annual reports:

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For additional information or if you are having difficulty accessing this page, please contact: Budget_Framework@finance.gov.au