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Appendicies, including acronyms and abbreviations (PDF - 194Kb)

Appendicies, including acronyms and abbreviations (PDF - 194Kb)

Appendicies, including acronyms and abbreviations (PDF - 194Kb)

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The variances for controlled items can beexplained as follows:Most reductions in the level of cash flows relateto the impact of the machinery-of-governmenttransfer effective from 31 December 2006through which responsibility for the VictorianLearning <strong>and</strong> Employment Skills Commission<strong>and</strong> TAFE institutes transferred to theDepartment of Innovation, Industry <strong>and</strong>Regional Development <strong>and</strong> Adult, Community<strong>and</strong> Further Education transferred to theDepartment for Victorian Communities.Comments below relate to the movementsother than machinery-of-government transfer.Note 1Refer to note 1 of the Operating Statement.Note 2Refer to note 2 <strong>and</strong> note 3 of the BalanceSheet.Note 3Refer to note 3 <strong>and</strong> note 5 of the OperatingStatement.Note 4The variance refl ects a higher return onschools’ investments than originally budgeted.Note 5Refer to note 2 of the Operating Statement.Note 6Refer to note 4 of the Operating Statement <strong>and</strong>note 4 of the Balance Sheet.Note 7Refer to note 7 of the Operating Statement.Note 8Refer to note 2 of the Balance Sheet.114DoE Annual Report 2006—07

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