Budget Operations Framework

Overview

The Budget Operations Framework (BOF) serves to assist Victorian Government departments in understanding and applying the financial and legislative framework that underpins budgeting and funding processes.


General Information

The BOF includes mandatory requirements for Departments on matters relating to appropriation funding (including supplementary funding requests), trust accounts, carryovers, and other specific budget and funding topics. It also includes extensive guidance material.

All Victorian government departments are required to apply the BOF under the Standing Directions of the Minister for Finance 2016, which formally commenced on 1 July 2016.

Budget Operations Framework

The BOF has been recently updated (in February 2017), and can now be downloaded from Planning, Budgeting and Financial Reporting Frameworks publications.

Fact Sheet

A fact sheet provides further information on the BOF.

Queries

Any questions related to the BOF should be emailed to financial.frameworks@dtf.vic.gov.au.