Page 2958 - Week 10 - Thursday, 15 August 1991

LAND DEVELOPMENT COSTS AND REVENUES, ACT, 1973/74 - 1987/88 Page 5

1985/86 1986/87 1987/88

Actual June 188 Actual June •88 Actual June 88

$1000 $1000 NO $1000 $1000 S1000

(1987/88 f index) (1.17) (1.08) (1.0)

TOTAL Expenditures)

Construction $68,613,011 $80,277,223 $80,957,147 (87,433,719 $48,710,393 148,710,393

Fees $9,357,925 $10,948,772 $11,493,808 !12,413,313 $8,088,892 18,088,892

Administration costs

dividend 8 surpluses) $23,391,281 127,367,799 127,735,287 $29,954,109 $17,039,786 $17,039,786

Total costs (NCDC) $101,362,217 (118,593,794 !120,186,242 $129,801,141 $73,839,071 $73,839,071

TOTAL REVENUE

Public Housing (NCDC)

Number of dwellings 515 400 216

Est. site vatue(b) (9,785,000 $7,600,000 $4,104,000

Land Sales (c)

Value (ACTH) $106,953,614 (125,135,728 $85,489,692 $92,328,867 $73,390,043 (d) $73,390,043

Land*rents(ACTA) (e) (7,992,807 $9,351,584 $10,950,852 511,826,920 !12,000,000 (f) 512,000,000

Govt. grants 8

Community facilities $2,000,000 $2,000,000 $2,000,000

Total Receipts $146,272,313 $113,755,788 $91,494,043

ESTIMATED ANNUAL

SURPLUS(DEFICIT) $27.678.519 ($16,045,353) $17-654,973

Excluding value of

Public Housing $17,893,519 (923,645,353) $13,550,973

GRAND TOTAL 19(87/88 12

SURPLUS(DEFICIT) _ ($69,087,123)

Exam. value of

Public Housing = ($204,918,123)

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