Page 2850 - Week 09 - Thursday, 26 August 1993

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TREASURER FOR THE AUSTRALIAN CAPITAL TERRITORY

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO. 888

Rates Revenue and Expenditure

MRS CARNELL - Asked the Treasurer upon notice on 17 August 1993:

(1) What was the total value of rates collected for the 1991-92 financial year and the total for the 1992-93 financial year.

(2) What programs were these funds then allocated to by program and a brief description of the use put to under each program.

(3) How much was allocated to each program and the use to which the funds were put.

MS FOLLETT - The answer to the Members question is as follows:

(1) General Rates collected in 1991-92 were $71.655m. This information is available in the 1992-93 Budget Paper No 2.

General Rates collected in 1992-93 were $78.295m. This information is available in the Treasurers Quarterly Financial Statement for the period 1 April to 30 June 1993.

(2) 1992-93 Budget Paper No 3 provides estimates of municipal expenditure by program with the largest component being general city services at $43.8m in 1992-93. City services funds activities such as traffic control, road maintenance and waste management. Other descriptions are included in the section titled Municipal Estimates on pages 291 to 301 of 1992-93 Budget Paper No 3.

In 1992-93 municipal rates were estimated to fund approximately 50% of municipal expenditures. The remainder has been estimated to be funded by:

- Commonwealth payments ($44m or 30% of expenditure in 1992-93);

- fees and fines ($20m or 14% of expenditure in 1992-93); and

- notional borrowings from the Territorial level ($7.4m or 5% in 1992-93).

(3) This question is answered in (2).

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