![]() ![]() The State Budget Papers provide published budgeted financial and non-financial information for the Budget year. The Long-Term Financial Management Frameworkdescribes the department’s framework for delivering cost effective services, maximising value and planning for future resource allocation. The Strategic Plan outlines the department’s vision for Queensland children and students, workplaces and communities and its people. Business units must notify the department’s Chief Finance Officer when surplus budget is identified.Budgets should be developed and monitored to ensure the department is managing its operations efficiently, effectively and economically and resourcing is aligned to strategic priorities.Budgets must be identified and recorded accurately in the department’s accounting systems, in a manner, which maintains an adequate audit trail and allows reporting objectives and accountability requirements to be satisfied. ![]() Budgets are reported, disclosed and recognised in the State Budget Papers.Budgets are only developed for authorised and permitted purposes.The Executive Management Board may make decisions that require variations to budgets throughout the financial year. The department prioritises and manages its budget in line with funding provided by government. The department’s budget is monitored through monthly financial performance reporting to ensure issues are appropriately managed. The department ensures funding is managed efficiently and effectively to meet government and departmental priorities. Budgets are reported to Parliament through the State Budget Papers and reviewed through a series of parliamentary estimates hearings, which comprise government and opposition members. All departmental budgets are developed and managed in accordance with Queensland Treasury guidelines. ![]()
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