Budget 2012-2013 Budget Paper No.3 The Budget
Tabled paper 1785
Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT
Tabled By Delia Lawrie
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309 Revenue Gain/Loss on Disposal of Assets continued The receipts from the sale of Crown land for industrial and residential purposes are not included in the operating statement as only a gain/loss on sale is shown as operating revenue. However, for completeness, these transactions are included in the table below. 2011-12 Estimate 2012-13 Budget Variation $000 $000 $000 Land Sales 42 965 37 680 - 5 285 Department of Lands and Planning 33 749 18 394 - 15 355 Land Development Corporation 9 216 19 286 10 070 The higher land sales in 2011-12 relates to a range of industrial land sales. The increase in sales in 2012-13 for Land Development Corporation represents increased sales for industrial and residential land including Bellamack, Johnston, Zuccoli and at MalukaDrive in Palmerston, including land related to the National Rental Affordability Scheme.
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