2012-13 Government Mid-year Financial Projections Statement

2012-13 Government Mid-year Financial Projections StatementBotanic Gardens and Parks AuthorityExpensesExternally Funded ContractsAn additional $7.9 million will be spent over four years, commencing in 2013-14, toprogress the Restoration Seedbank Initiative, the Fire Ecology project, the Kings ParkFestival and stage two of a contract to provide improved and additional visitor facilities tothe Kings Park Precinct. These initiatives are externally funded and negotiations with theassociated proponents are in the process of being finalised.WaterExpensesOperational Expenditure SavingsThe Department’s operating expenditure has been revised down by $5.1 million overthree years, commencing in 2012-13, due to the implementation of operationalefficiencies, which are to fund increased groundwater investigations in the AssetInvestment Program.Asset InvestmentIncreased Groundwater InvestigationAn additional $5.1 million will be spent over three years, commencing in 2012-13,for groundwater investigations, funded from the operational expenditure savings notedabove.Bunbury Water BoardAsset InvestmentWater Quality CentreAn additional $1.9 million will be spent over 2012-13 and 2013-14 to construct a WaterQuality Centre and Storage Facility and ongoing maintenance of the Board’s reservoirsand mains replacement program.122