Legislative Assembly for the ACT: 2003 Week 9 Hansard (28 August) . . Page.. 3409 ..
(8) The decrease of $42.027m in revenues for the Gungahlin Development Authority is due largely to the default on the sale of the Harrison 1 estate.
The decrease of $19.133m in expenses is also due to the default on the sale of the Harrison 1 estate.
(9) The increase of $1.463m in the outcome for the Home Loan Portfolio is due largely to increases to interest received from the Central Finance Unit and external parties.
(10) The decrease of $0.077m in the operating result for the Independent Competition and Regulatory Commission is due to expenses associated with the Full Retail Competition public information campaign incurring in 2002-03 instead of 2003-04.
(11) The increase of $5.337m in revenue for the Land Development Authority is due largely to the transfer of City Block 11, Section 61, to Land from the Chief Minister's Department.
The increase of $7.227m in expenses is due largely to the transfer of a Totalcare building at Fyshwick to the Property Group in the Department of Urban Services.
(12) The increase of $0.646m in the outcome for the Legal Aid Commission is due to increased general government revenue to fund the Primary Dispute Resolution program, expensive cases and rent subsidies. Increased client contributions and higher interest revenue were also achieved.
(13) The decrease of $0.233m in expenses for the Legislative Assembly Secretariat (Departmental) is driven largely by a decrease in supplies and services expenses, offset by an increase in the value of asset revaluations and write offs.
(14) The increase of $1.270m in the outcome for Totalcare is due largely to an increase in sales resulting from activity relating to the January 2003 bushfire.
(15) The increase of $0.536m in expenses for the Workers Compensation Fund is due largely to increased statistical analysis relating to the Accident Information Management System database, and unrealised losses on investment assets.
(16) The decrease of $1.999m in revenue for the Superannuation Provision Account is due to decreased interest received from banks and decreased superannuation employer contributions from agencies.
The decrease of $14.889m in expenses is due largely to decreased equity revaluation losses resulting from the strong rebound in global equity markets. There was also an under-spend on contractors and consultants.
(17) The decrease of $63.376m in the operating result for the Central Finance Unit is due largely to the impact of decreased levels of transfer revenue and increased transfer expenses from agencies.
(18) The increase of $0.350m in the outcome for the Legislative Assembly Secretariat (Territorial) is due largely to expenses associated with supplies and services that were not brought to account as at 30 June 2003, but will be included as part of the Audited Financial Result.