This report provides information relating to the 2014 budget for the Auditor General’s Office and a budget for approval by the Audit Committee.
An analysis of the budget request is as follows:
|2014 Budget Request||2013 Approved Budget||Increase||%|
The budget request of the Auditor General for 2014 has increased by $461,500 from the 2013 level. The increase in the Auditor General’s budget from 2013 to 2014 is 11.04 percent. This increase is due to the following:
- The filling of two approved positions previously gapped in $295,600
order to meet prior years budget targets
- Cost of living and performance pay increases for existing staff $137,600
- Increase in benefit costs $26,000
- Increase related to “economic factors” $2,300
The increase in the Auditor General’s budget from 2013 to 2014 excluding the filling of the two previously gapped positions would be $165,900. This represents a four per cent increase over the 2013 approved budget.
The majority of the Auditor General’s 2014 budget request consists of salaries and benefits. The percentage of salaries and benefits to the total budget is just under 97 per cent.