19 Introduction This part of the Statement of Intent of the New Zealand Law Commission includes the forecast financial statements for 2009 2012. These set out how the Law Commissionfs role in promoting the systematic review, reform and development of the law of New Zealand will be funded. The 2008/2009 estimates are based on actual plus projected outturn. For the year ending 30 June 2010 in relation to Output Class One (Policy Advice), the Law Commission expects: to earn $4.8 million in revenue from the Crown, $0.084 million in interest revenue and $0.015 million from the sale of its publications; and to incur expenses of $5.094 million. Forecast statement of financial performance E  STIMATEF  ORECASTF  ORECASTF  ORECAST 2008/09 $000fs 2009/10 $000fs 2010/11 $000fs 2011/12 $000fs i ncome Government funding 4,841 4,800 4,723 4,120 Interest 72 84 83 72 Sale of publications 20 15 12 10 4,933 4,899 4,818 4,202 Expenditure Personnel 3,578 3,494 3,268 3,054 Library 117 104 106 109 Admin 675 670 687 703 Projects 324 398 410 422 Depreciation 240 297 280 275 Lease Costs 105 105 105 105 Audit Fee 28 26 26 26 5,067 5,094 4,882 4,694 s  urplus/ d  eficit (134) (195) (64) (492) Capital Expenditure 195 277 200 184