Page 713 - Week 03 - Tuesday, 12 April 1994
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Special Fiscal Needs
Allowances for special fiscal needs are intended to ensure that the ACT retains its entitlement to funds provided to the States for functions outside the scope of the Commissions inquiries, yet provided to the ACT through its general revenue grant. It is expected that these allowances will be maintained until they are replaced by alternative funding arrangements. Table 4 shows the allowances for special fiscal needs.
Table 4: Special Fiscal Needs, 1991-92 to 1994-95
91-92 92-93 93-94 94-95
($m) ($m) ($m) ($m)
Family Law Matters 0.1 0.3 0.2 0.2
Canberra Institute of the Arts (a) 2.8 2.6 2.5 1.6
Corporate Affairs Compensation 2.8 3.0 3.2 3.2
Agency Payments 3.2 3.5 - -
Items of a Capital Nature - 11.3 12.2 12.3
TOTAL 8.9 20.6 18.1 17.3
(a) The reduction for the Canberra Institute of the Arts in 1994-95 reflects a half year payment. From 1 January 1995 the Commonwealth will fund the higher education component of CITAs expenditure directly.
Cross Border Allowances
The Commission does not identify Cross Border Allowances explicitly. Instead, cross border influences are included in individual category assessments as disability factors. The categories where a cross border factor is included are shown in Table 5, together with the increase in funding for that category that was assessed in the 1993 -Review. .
In the 1993 Review the Commission provided estimates of the total redistributive effects of factor assessments. These estimates show that as a result of including cross border assessments the ACT received an additional $25m in 1993-94 (excluding Hospital Services). Comparative figures are not available for other years.
Cross border factors for education categories are only assessed for the noncompulsory years of schooling, that is, years 11 and 12. For the compulsory years, the assessments are based on numbers of school-aged children less an adjustment for non-residential students, and therefore cross border influences for these categories cannot be isolated.
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