23 May 2018 (12pm) provided to DTF. forecasting requirements. Thursday 31 May 2018 (5pm) Contentious accounting treatment issues to be emailed to your DTF relationship manager. Thursday 31 May 2018 (5pm) Material entities only Confirm with your DTF relationship manager that the shell accounts have been provided to VAGO. The departmental model report is available as a guide in preparing the shell accounts - . Friday 15 June 2018 (12pm) Update of the CFO forecast incorporating May actuals to be provided to DTF. DTF will provide instruction on the year-end forecasting requirements. Friday 13 July 2018 (12pm) June YTD trial balance (by output and including related party information) to be loaded into SRIMS. The trial balance is loaded using the User Work Tray > Financials > Actuals Monitoring document in SRIMS. Friday 20 July 2018 (12pm) Actuals variance commentary on June YTD trial balance to be emailed to your DTF relationship manager. The reports are available in SRIMS on the Dashboards menu under Annual Financial Report > AFR Variance Commentary. Friday 20 July 2018 (12pm) Revenue certification submissions to be loaded into SRIMS. Revenue certification information is loaded using the Service Delivery > Revenue Certification document in SRIMS. To review the invoice, run the reports available on the Dashboards menu under Service Delivery > Revenue Certification. Monday 23 July 2018 (5pm) Material entities only Confirmed draft accounts that have been provided to VAGO to be emailed to your DTF relationship manager The departmental model report is available as a guide in preparing the report of operations . Thursday 2 August 2018 (12pm) Revised June YTD trial balance (by output and including related party information) to be loaded into SRIMS. The trial balance is loaded using the User Work Tray > Financials > Actuals Monitoring document in SRIMS. Thursday 9 August 2018 (12pm) All supplementary information to be loaded into SRIMS. The supplementary information is loaded using the User Work Tray > Financials > Supplementary Information – Part A and Supplementary Information – Part B documents in SRIMS. An Excel template is available for preparation of FINSI data in the Information and Guidance tab in SRIMS.
3 August 2018 (5pm) the full year ending 30 June 2018 to be emailed to your DTF relationship manager. into SRIMS using the User Work Tray > Service Delivery > Revenue Certification document. To review the annual invoice, run the reports available in the Dashboards menu under Service Delivery > Revenue Certification. This invoice can be printed or saved and then emailed to DTF. Further guidance material is available in SRIMS on the Homepage under Information and Guidance. 2017-18 end of year processes and requirements As part of legislative and reporting requirements, funding authority for the current financial year needs to be finalised before 30 June, and confirmation of Treasurer’s Advance (TA) and carryover approvals is required to provide TA and carryover authority, which is tabled in the State of Victoria’s Financial Report. BOF Chapter 1: Mechanisms available to manage departmental funding levels Date Event Further Information Wednesday 30 May 2018 (5pm) Ministers to finalise written requests for authorisation to access prior year appropriation (section 33) and all other written authorities (eg. section 10 and sufficient warrant coverage for special appropriations) to spend specified sums during the financial year from the Consolidated Fund, which must be signed by the Treasurer, the AuditorGeneral and the Governor. Any negative movements in the Consolidated Fund SAU balances are required to be authorised under section 33 of the FMA on or before 30 June by accessing appropriation funding set aside in prior years. Departments should engage DTF relationship managers early on any proposed year end requests. Tuesday 12 June 2018 (5pm) Ministers to finalise all other written departmental funding requests including annotated receipt agreements (section 29 for new 2017-18 agreements and all 2018-19 agreements), appropriation transfers (section 30), Treasurer’s Advances (TA) and advances provided under section 35, and any adjustments to Section 37 loan schedules. Budget supplementation requests should be restricted to 2017-18 amounts only. Templates available in SRIMS on the Homepage under Information and Guidance. Further guidance on s 29 and budget supplementation is available in the Budget Operations Framework, which can be downloaded from . Departments should engage DTF prior to the new funding requests being submitted for Treasurer consideration. New funding requests need to be accompanied by a separate ministerial letter. These requirements are consistent with mandatory
2019-20 Budget The 2019-20 budget is expected to be tabled in Parliament on Tuesday 7 May 2019. In preparation for budget consideration and publication in the budget papers, departments are required to submit the following information. Further details relating to budget submissions and input of departmental information for publication in the budget papers will be made available under 2019-20 budget guidance – submission process on the webpage (expected to be published late 2018). PMF 2.2: Medium-term planning Date Event Further Information Monday 22 October 2018 (5pm) Departments provided proposed 2018-19 departmental performance statements for discussion with your DTF relationship manager. Departments provided their proposed departmental performance statements on a no policy change basis for review and discussion with their DTF relationship manager before an updated departmental performance statement (approved by Portfolio Ministers) in February 2018. This will provide an opportunity to discuss proposed/potential changes to the structure, measures and targets. At the end of this review process, DTF and Departments should agree on any outstanding issues in order to brief their Ministers. Monday 14 January 2019 (5pm) Departments to provide 201718 Expected Outcomes (full year) to DTF relationship manager. Departments are to provide 2017-18 Expected Outcomes information to DTF to help inform departmental performance statement discussions on a no policy change basis. This information will formally be submitted as part of the Output Performance Report for the six months ending December 2017 on 10 January 2018 (refer to section on ). DTF and Departments will notify their respective Secretaries of any outstanding issues on proposed structures and targets by their respective departments by 19 January 2018, before portfolio ministers approve the statement for submission by 2 February 2018. Friday 1 February 2019 (5pm) Updated departmental performance statement (approved by Portfolio Ministers, Parliament/VAGO) provided to DTF. Statements are to be approved by Portfolio Ministers. To be provided to your DTF relationship manager. TBC Stage 1 Information on Stage 1 of the 2019-20 Budget will be confirmed by DTF in the second half of 2018.