Northern Territory budget papers 2003 - 2004
2003/04 Budget paper
Northern Territory. Department of Treasury
Northern Territory budget papers; E-Journals; PublicationNT
2003-05-29
Made available via the Publications (Legal Deposit) Act 2004 (NT).; Please Note: This can't be read online. Please download to read the documents
Northern Territory Budget paper No. 01 2003-04 Speech and Appropriation Bill -- Northern Territory Budget paper No. 02 2003-04 Fiscal and Economic Outlook -- Northern Territory Budget paper No. 03 2003-04 The Budget -- Northern Territory Budget paper No. 04 2002-03 Capital Works Program -- Northern Territory Budget paper No. 05 2002-03 Budget Overview -- Budget paper No. 06 2002-03 NT Economy -- Northern Territory Budget paper No. 07 2002-03 Regional Highlights -- Northern Territory Budget paper No. 08 2002-03 Building Territory Business
English
Appropriations and expenditures; Periodicals; Budget; Finance, Public
Northern Territory Government
Darwin
2003/04
application/pdf
Attribution International 4.0 (CC BY 4.0)
Northern Territory Government
https://creativecommons.org/licenses/by/4.0/
https://hdl.handle.net/10070/591859 [LANT: E-Journals: Northern Territory Budget paper No. 01 2003-04 The Speech and Appropriation Bill]; https://hdl.handle.net/10070/591861 [LANT: E-Journals: Northern Territory Budget paper No. 02 2003-04 Fiscal and Economic Outlook]; https://hdl.handle.net/10070/591863 [LANT: E-Journals: Northern Territory Budget paper No. 03 2003-04 The Budget]; https://hdl.handle.net/10070/591865 [LANT: E-Journals: Northern Territory Budget paper No. 04 2003-04 Capital Works Program]; https://hdl.handle.net/10070/591867 [LANT: E-Journals: Northern Territory Budget paper No. 05 2003-04 Budget Overview]; https://hdl.handle.net/10070/591869 [LANT: E-Journals: Northern Territory Budget paper No. 06 2003-04 NT Economy]; https://hdl.handle.net/10070/591871 [LANT: E-Journals: Northern Territory Budget paper No. 07 2003-04 Regional Highlights]; https://hdl.handle.net/10070/591873 [LANT: E-Journals: Northern Territory Budget paper No. 08 2003-04 Building Territory Business]
https://hdl.handle.net/10070/244898
https://hdl.handle.net/10070/591861
https://hdl.handle.net/10070/591865; https://hdl.handle.net/10070/591867; https://hdl.handle.net/10070/591869; https://hdl.handle.net/10070/591871; https://hdl.handle.net/10070/591873; https://hdl.handle.net/10070/591859; https://hdl.handle.net/10070/591863
Fiscal and Economic Outlook 76 _______________________________________________________________________________________________ Revenue capacity is calculated as the ratio of: the Commonwealth Grants Commission-assessed per capita revenue a State could raise by applying the average rate (standardised revenue per capita); to the Australian average per capita revenue actually raised (standard revenue per capita). Revenue effort compares actual revenue collections with revenue capacity. Thus revenue effort introduces a policy element to the analysis given the linkage to the actual tax rates and base set by each jurisdiction. Revenue effort is calculated as the ratio of: the actual per capita revenue raised by each State; to the Commonwealth Grants Commission-assessed per capita revenue that a State could raise by applying the average rate (standardised revenue per capita). The Commonwealth Grants Commission (the Commission) assesses revenue capacity in its analysis of the relative fiscal needs of the States for Commonwealth financial assistance. The comparisons of the States assessed revenue-raising capacity and effort were made using 2001-02 data as this was the most recent data used by the Commission. Figure 7.1 provides a comparison of the Commissions assessment of total taxation plus public safety and emergency services charges and mineral royalties revenue-raising capacity and effort in 2001-02 for the States. The Territorys assessed effort and capacity in relation to dividends is not included in Figure 7.1. FIGURE 7.1: 2001-02 REVENUE CAPACITY AND EFFORT BY JURISDICTION TOTAL TAXATION PLUS PUBLIC SAFETY AND EMERGENCY SERVICES CHARGES AND MINERAL ROYALTIES Source: Commonwealth Grants Commission 2003 Update Report Note 1: 100 per cent represents national average. The assessment in Figure 7.1 shows that the Territory has the second lowest revenue-raising capacity of any State in relation to the total of taxation, mineral royalties and public safety and emergency services, and that its revenue-raising effort is the lowest of any State. It should be noted that this assessment relates to 2001-02, which covers the period during which the Temporary Budget Improvement Levy was introduced. It is expected 0 20 40 60 80 100 120 140 NSW Vic Qld WA SA Tas ACT NT Revenue Capacity Revenue Effort %