Statement of Trust Monies
For the year ended 30 June 2015
As at 1 July 2014 $000
As at 30 June 2015 $000
Prison trust accounts
Total prison trust accounts
Prison trust accounts represent funds held in trust at each prison on behalf of prisoners, to account for prisoner earnings reduced by purchases while in prison and other receipts/withdrawals of prisoner funds.
Money held in trust is not included in the department’s reported bank balances. Trust money is held on behalf of prisoners in the bank accounts maintained by each prison (one bank account per prison).
The accompanying notes form part of these financial statements.