Initiative
Develop a single integrated budget management system for NT Government agencies, providing cost centre level budget allocation and expenditure tracking.
Overview
Planning for an NT Government integrated budget management system is well progressed. The system, SAGE, will enable disciplined budget management monitoring, real-time financial performance and cash flow analysis as recommended in 'A plan for budget repair – final report'.
Benefits
An integrated budget management system will provide a common and rigorous solution that improves financial management, reduces monthly reporting effort and lowers the risk of errors.
Agency Chief Executives will also be better supported to manage their budget.