DOCUMENT 3
IR 21/22-036 Annual performance statements
Aspiration 3: A financially sustainable scheme
A financially sustainable Scheme focuses on outcomes that will support participants now and across their lifetime. In line with the metrics and performance targets used in the NDIA Corporate Plan 2018-2022 the ‘a financially sustainable Scheme’
Target and results
aspiration is measured by Scheme support costs, community inclusion and capacity development grant costs and Agency operating costs.
Table 3.2.5 illustrates the 2018-19 targets for Aspiration 3 from the NDIA Corporate Plan 2018-22 and the results achieved as at 30 June 2019.
Table 3.2.5: A financially sustainable scheme
| Metric | Target | Baseline: Based on PBS 2018-19 (Program 1.1) | Result |
|---|---|---|---|
| Scheme Support Costs ($m) | 15,139 | $10,460M | |
| Community inclusion and capacity development grant costs ($m) | 114 | Baseline: Based on PBS 2018-19 (Program 1.2) | $111M |
| Agency operating costs ($m) | 1,478 | Baseline: Based on PBS 2018-19 (Program 1.3) | $1,310M |
| TOTAL ($m) | 16,731 Result: $11,881M |
The NDIS has been within budget each year of its operation and remained within budget for 2018-19.
States and territories have entered the Scheme on time and according to schedule together with a large number of new participants who have not received funding before. Lower costs primarily reflect fewer participants entering the Scheme because of the shortfall in actionable records
Scheme support costs increased by 142% between 2016-17 and 2017-18 and then by another 93% between 2017-18 and 2018-19 due to similar levels of growth in participant numbers.
Grant costs increased by 84% between 2016-17 and 2017-18 and then by another 55% between 2017-18 and 2018-19 including to lay foundations for the new Information, Linkages and Capacity Building (ILC) Investment Strategy.
In 2018-19 the NDIA continued to manage its budget closely to ensure taxpayer funds are not spent unnecessarily on Agency operations, particularly while participant numbers remain below expectations.
Agency operating costs increased by 44% between 2017-18 and 2018-19 at the same time that Scheme costs increased by 93% as per above.
See above.
Further information on Aspiration 3 is provided in Chapter 1.3.
81
Page 3 of 3