When a CMP must be revisedĪll entities are required to provide Finance with a CMP in February prior to the commencement of the Budget update. See Appendix 3 under Tools and templates. ![]() Right of Use (RoU) Assets should be excluded from the CMP as, even though they are being recorded onto the balance sheet, they are not funded through capital appropriations. To aid reconciliation of the CMP with CBMS, entities that do not budget for assets under construction in the CBMS ‘Asset Movement Table’ until they are capitalised, should note this in their CMP. Portfolio departments should ensure that the CMPs across the portfolio are presented consistently to aid analysis and comparability across the portfolio.Īssets under construction should be recorded against the relevant asset class. be consistent with capital expenditure estimates in CBMS.įor entities with significant long-lived asset holdings or future budget pressures, budgeted capital expenditure data beyond the FEs should be included in their CMP.the entity’s corporate plans and internal budgets Reference material / Annual estimates -> CMP PCEF Template Minimum requirements and presentation for CMPsĬMPs should reflect the entity’s strategic budget priorities, as agreed by the government, and must: The CMP template is available to Australian Government officials through CBMS from: incur other capital expenditure across the budget and forward-year estimates.Įntities that do not meet these requirements should advise their AAU that a CMP is not required.Entities that must prepare CMPsĬMPs must be prepared by all GGS entities (except for GBEs) that: It is generally assumed that any request for capital funding would have been preceded by a need for funding identified in the CMP. assisting internal budget decision-making by entities and providing information to support the entity’s capital expenditure estimates in CBMS. ![]()
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