(1) Before 31 March in each year or a later date agreed to by the Treasurer,
the Minister must--
(a) prepare and, subject to the Treasurer's agreement,
adopt a funding target for the State Emergency Service for the next financial
year (the
"SES funding target" ), and
(b) prepare and adopt an estimate of the amount
of the SES funding target applicable to the area of each local council for the
next financial year.
(2) The Minister is to calculate the SES funding target
for the financial year using the following formula--
"FTt" is the SES funding target for the financial year (represented by "t").
"EEt" is the estimated SES expenditure for the financial year.
"AEt-2" is the actual SES expenditure for the financial year that commenced 2
years before the period "t" (represented as "t-2").
"EEt-2" is the estimated SES expenditure for the financial year that commenced
2 years before the period "t" (represented as "t-2").
(3) To avoid doubt, if
AE t-2 −EE t-2 is a negative amount, that amount is subtracted from EE
t.
(4) The estimate of SES expenditure for a financial year is to be reduced,
as necessary, by the amount it is estimated will be paid to the Fund for the
financial year (other than from contributions made by the Treasurer).
(5) The
actual SES expenditure for a financial year is to be reduced, as necessary, by
the amount paid to the Fund for the financial year (other than from
contributions made by the Treasurer).
(6) Without limiting subsections (4)
and (5), the Minister may, with the Treasurer's agreement, decide that
adjustments are not to be made to the SES funding target in respect of--
(a)
certain money paid into the Fund, or
(b) certain amounts it is estimated will
be paid to the State Emergency Service for the financial year.
(7) In
determining the amount of the SES funding target for each local council area,
the Minister may apportion the total estimated expenditure between local
council areas in the way the Minister thinks fit.
