Media release FROM THE OFFICE OF THE SECRETARY 11 November 2014 REQUEST FOR COSTING OF ELECTION COMMITMENT Pursuant to section 6.42 of the 2014 Guidelines on the Caretaker Conventions the Liberal National Coalition Party of Victoria has requested the Department of Treasury and Finance (DTF) undertake an election policy costing for the following election commitment: Coalition 025 – Revitalisation of Arts Precinct The election policy costing will be completed in accordance with DTF’s Guidelines for managing requests from a political party for costing of its own policies (the policy costing guidelines) available at: www.dtf.vic.gov.au/election2014. The election policy costing request is attached to this media release. A further media release will be issued when the costing has been completed. David Martine Secretary Department of Treasury and Finance Consistent with the DTF policy costing guidelines, the contact for Parties requesting DTF costings is: Mr Ismo Rama Telephone: 9651 5368 Email: ismo.rama@dtf.vic.gov.au For media inquiries please contact: Mr Bruce Atherton Telephone: 0404 097 654 Email: bruce.atherton@dtf.vic.gov.au Department of Treasury and Finance 1 Treasury Place Melbourne Victoria 3002 Ph: +61 3 9651 5111 Fax: +61 3 9651 2062 Website: dtf.vic.gov.au Costing Request Received: NAME OF INITIATIVE: Revitalisation of Arts Precinct BRIEF DESCRIPTION OF INITIATIVE: Contribution to progress the Melbourne Arts Precinct Blueprint, including a business case for capital works options and consultation. DELIVERY DEPARTMENT/AGENCY: TYPE OF FUNDING: FUNDING SOURCE: DPC Output Budget 201415 $m Contribution Total operating impact 0.0 201516 $m 1.0 1.0 201617 $m 201718 $m 201819 $m 0.0 0.0 0.0 ASSUMPTIONS: 1) Capped contribution. 5 yr TOTAL $m 1.0 1.0