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Review: Draft 2016 Budget Statement

Committee/Panel: Corporate Services Panel
Launch Date: 3 November 2015 Close Date: To be advised
Submissions Deadline: To be advised Ministerial Response Date: To be advised
Review Status: Report published

About

​A review of the Draft 2016 Budget Statement

Terms of reference

​1. To consider the proposals of the Minister for Treasury and Resources in the Draft 2016 Budget Statement in respect of:
a) Income Tax;
b) Goods and Services Tax (GST);
c) Impôts;
d) Stamp Duty; and
e) Other tax proposals;
2. To consider the Capital Programme for 2016 as presented in the Draft 2016 Budget Statement;
3. To consider any transfers which the Minister may propose in the Draft 2016 Budget Statement between the Consolidated Fund and other Funds and reserves;
4. To consider the economic implications of the Minister’s proposals in the Draft 2016 Budget Statement;
5. To consider the impact of the updated financial forecasts and the status of Long Term Revenue Planning;
6. Consider how the likely outturn for 2015 including carry forwards is going to impact the 2016 base budget position including the position on reserves and funds;
7. To consider progress being achieved in the identification of savings and how they will impact 2016.

  • Janice Hales

    Janice Hales