The variance between the 2011-2012 planned spending and total authorities is explained by the $1.4 million received for financing of severance pay and parental leave and the $603,000 carried forward from 2010-2011 to 2011-2012. All program activities contributed to the funds carried forward from 2011-2012 to 2012-2013, totalling $1.9 million, in anticipation of payment of the 2011-2012 retroactive salary revisions and the benefits on severance pay related to the program cut announced in the 2012 federal budget. The NFB also wants to set up a reserve to contribute to the financing of its headquarters relocation project.
|(in thousands of dollars)|
|Total planned spending||66,782|
|Carry-forward of funds from 2011-2012||(1,882)|
|Total actual spending||66,904|