Budget Tool

The Budget Tool is used for current and forward budget planning for Social Services funding. It has been designed to capture whether funding has been committed in contract, committed to go-to-market or uncommitted and available for use. It has also been designed to support a changed Certification of Funds process on funding memos.

The Budget Tool is a standalone planning tool that provides the necessary information for decision making and is primarily used by finance and commissioning area staff as part of their forward planning and monitoring budget commitments. Commitments are identified through an approved commissioning plan and these commitments are then recorded in the Budget Tool. Subsequent approvals to go to market and enter into a contract in P2i are dependent upon the budget commitments being certified as available under an approved commissioning plan.

Key Benefits

• Multi-view across all years aligning to Forward Estimates
• Ability to record additional information at a budget line level for different Treasury and program initiatives.
• Improved reporting for various stakeholders