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Specific Purpose Funds (SPFs) are moneys and property received
by public health services from various sources and may include
donations, bequests and research funding.
Public health services disclosed in excess of
$255 million in SPF reserves and more than $45 million in trust
funds in their 30 June 2007 financial statements. Our audit covered
4 public health services which disclosed a total of around $118
million in SPF reserves and $28 million in trust funds in their
financial statements.
This audit examined how well 4 public health services
managed such funds for the period May 2006 through April 2007.
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