Territory Stories

Budget 2011-12 Budget Paper No.3 The Budget



Budget 2011-12 Budget Paper No.3 The Budget

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Tabled paper 1279


Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT




Tabled By Delia Lawrie


Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.




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248 Land Development Corporation Economic Sustainability The corporation plans to continue its development of strategic industrial land in the Darwin Business Park and East Arm Area including: completing Darwin Business Park South and commencing development of Darwin Business Park North; planning for development of the Muramats Road project; continuing the planning and development of the East Arm Marine Services Precinct and its associated infrastructure; and consolidating and enhancing the Common User Area and Defence Support Hub for use by industry. Outputs and Performance Output Group: Land Development Outcome: Availability, development and management of strategic industrial land at East Arm, the Defence Support Hub and other locations, as well as provision of an increased range of housing options for Territorians. Output Group/Output 2010-11 Budget 2010-11 Estimate 2011-12 Budget $000 $000 $000 Land Development 3 804 3 819 3 942 Land Development 3 804 3 819 3 942 Key Variations The funding increase in 2011-12 reflects additional activity in the residential sector. Land Development Key Deliverables 2010-11 Budget 2010-11 Estimate 2011-12 Estimate Industrial land sales 15 11 16 Industrial tenancies managed 9 8 11 Rents collected on time 95% 95% 95% Residential projects managed 3 4 5

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