Page 2955 - Week 10 - Thursday, 15 August 1991

LAND DEVELOPMENT COSTS AND REVENUES, ACT, 7973/74 - 1987/88 Page 2

1976/77 1977/78 1978/79

Actual June 88 Actual June 88 Actual June 88

S000 5000 1000 5000 5000 5000

(1987/88 f index) (2.57) (2.4) (2.29)

TOTAL EXPENDITUREW

Construction 134,540,426 (88,768,895 $31,669,139 $76,005,934 $14,331,796 (32,879,813

Fees 52,123,304 55,456,891 (2,238,287 $5,371,889 $1,439,269 (3,295,926

Administration costs

dividend 8 surptus(30%) 570,999,119 $28,267,736 $10,172,228 $24,473,347 14,731,320 (10,834,722

Total costs (NCDC) 547,662,849 $122,493,522 $44,079,654 $105,791,169 520,502,385 $46,950,467

TOTAL REVENUE

Public Housing (NCDC)

Number of dwellings 672 729 201

Est. site vatue(b) $12,768,000 $73,851,000 $3,819,000

Land Sales (e)

Value (ACTH) $22,232,574 157,137,715 $14,415,184 $34,596,442 (18,095,315 541,438,271

Land rents(ACTA) (e) $1,849,434 $4,753,045 $3,085,076 $7,404,182 $2,926,003 $6,700,547

Govt. grants 8

Community facilities 52,000,000 52,000,000 (2,000,000

Total Receipts $76,658,767 $57,851,624 $53,957,878

ESTIMATED ANNUAL

SURPLUS(DEFICIT) (545.834.761) (547.939,545) $7.007.358

Excluding value of

Public Housing (558,602,761) ($61,790,545) $3,188,358

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