Report on Vote Fisheries Non-Departmental Funds managed by the Ministry of Fisheries
These public funds cover revenues received from the commercial fishing industry through cost recovery levies that recover the costs of fisheries-related conservation services and fisheries services:
(a) provided to manage the harvesting or farming of fisheries resources; or
(b) provided to avoid, remedy, or mitigate a risk to, or an adverse effect on, the aquatic environment or the biological diversity of the aquatic environment.
The cost of fisheries services provided by the Ministry of Fisheries during the period 1 July 2007 to 30 June 2008 is being recovered from the commercial fishing sector over the period 1 October 2007 to 30 September 2008.
The cost of fisheries services provided by the Ministry of Fisheries is accounted for through the departmental financial statements included earlier in this report. Expenditure on conservation services is reported separately by the Department of Conservation.
The following table shows cost recovery levies (both planned and actual) for the period from 2004/05 through to 2007/08 and what is planned for 2008/09.
|1 October cost recovery levies planned for each year (excluding the settlement credit and prior year’s under and over recoveries)
Amount recoverable through levies after the application of the settlement credit and under and over recoveries from previous years
* Figures not available at time of this report.
The following non-departmental statements and schedules record the income, expenses, assets, liabilities, contingent liabilities, contingent assets and trust accounts that the Ministry manages on behalf of the Crown.