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$89.9m is explained by Departmental head, Mrdak as “nessesary”

Make up your own mind, from the graph of BITRE below:

 

Chart 3.1: Revenue

and the 2010-2011 summary provided:

 

Chart 3.2: Budgeted Assets for 2010-11

CASA’s budgeted liabilities of $40.1m in 2010-11 represent an increase of $0.6m from the 2009-10 estimated closing position. The increase is primarily generated by employee provisions. CASA’s primary liability continues to be accrued employee salary and leave entitlements of $23.8m.

 

Appendix 3.2.1: Total budgeted revenue 2010-2011

2009-10
$’000
2010-11
$’000
2011-12
$’000
2012-13
$’000
2013-14
$’000
Ordinary Appropriation from Government  50 125  42 779  42 757  42 784  42 816
Special Appropriation  79 768  104 646  110 191  116 072  124 447
Appropriations from Government  129 893  147 425  152 948  158 856  167 263
Regulatory service fees  12 000  15 000  15 000  15 000  15 000
Other cost recovery and purchase provider
arrangements
 7 231  2 537  3 084  2 383  3 084
Interest  2 225  1 871  1 986  2 100  2 100
Other   955   800   800   800   800
Revenue from other sources  22 411  20 208  20 870  20 283  20 984
Total revenue   152 304  167 633  173 818  179 139  188 247

How on earth can CASA justify this situation of:

  1. Poor management;
  2. Living outside it’s means;
  3. Poor performance;
  4. Regulatory reform that is out of control;

 

Failure to meet proper performance targets.

[and in 25 years, cost upwards of $250m, and CASA have been given by Albanese another $89.9m].

6 comments to $89.9m is explained by Departmental head, Mrdak as “nessesary”