Territory Stories

Budget 2013/14 Budget Paper No.3 Agency Budget Statements

Details:

Title

Budget 2013/14 Budget Paper No.3 Agency Budget Statements

Other title

Tabled paper 292

Collection

Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT

Date

2013-05-14

Description

Tabled by David Tollner

Notes

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.

Language

English

Subject

Tabled papers

Publisher name

Department of the Treasury and Finance

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00868

Parent handle

https://hdl.handle.net/10070/273749

Citation address

https://hdl.handle.net/10070/426371

Page content

102 Department of Treasury and Finance Output Group: Territory Revenue Outcome: Provision of fair, efficient and timely Territory own-source revenue management services and advice in a manner that is responsive and transparent to deliver benefits for all Territorians. Output Group/Output 2012-13 Mini Budget 2012-13 Estimate 2013-14 Budget $000 $000 $000 Territory Revenue 22 799 22 400 25 340 Territory Revenue 7 459 7 061 7 540 Tax-Related Subsidies 15 340 15 339 17 800 Key Variations The increase in the Tax-Related Subsidies output in 2013 -14 reflects increases payments under the home-owner incentive programs and an increase in the cost of tax compliance activities. Territory Revenue Provide fair, efficient and timely management and advice on issues affecting the Territorys own source revenue, and ensure the transparency and responsiveness of the Territorys revenue policy. Key Deliverables 2012-13 Mini Budget 2012-13 Estimate 2013-14 Budget Territory revenue collected1 $632.63M $650.55M $683.46M Subsidy/grant payments $15.34M $15.34M $17.80M Stakeholder satisfaction:2 taxpayers3 85% 85% 85% Treasurer 5 5 5 Assessment accuracy 99% 99% 99% Accuracy of grant payments 100% 100% 100% Revenue received within agreed timeframes > 95% > 95% > 95% Services completed within agreed service standards > 95% > 95% > 95% 1 Includes taxes, gambling revenue and mining royalties. 2 Measures range from a rating of 1 = extremely dissatisfied through to 6 = extremely satisfied. 3 Taxpayers satisfaction rating represents the percentage of respondents who indicate a score of 5. Output Group: Superannuation Outcome: Effective and responsive superannuation services that meet the expectations of fund beneficiaries, members and employers. Output Group/Output 2012-13 Mini Budget 2012-13 Estimate 2013-14 Budget $000 $000 $000 Superannuation 3 841 4 279 4 131 Superannuation 3 841 4 279 4 131 Key Variations There are no significant variations.