Territory Stories

Annual Report 2000/2001 Territory Housing

Details:

Title

Annual Report 2000/2001 Territory Housing

Other title

Tabled paper 154

Collection

Tabled Papers for 9th Assembly 2001 - 2005; Tabled Papers; ParliamentNT

Date

2001-11-29

Description

Deemed

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

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/284047

Citation address

https://hdl.handle.net/10070/751358

Page content

Territory Housin (c) Public Housing - Community Service Obligations Community service obligations represent funding to Territory Housing Business Services. The variation between years is due to additional funding fo r rental subsidies. (d) Home Ownership - Community Service Obligations The reduction in community service obligations funding is due to a re-calculation o f requirements for Territory Housing Business Servicess. $3.75M previously paid by Home Ownership fo r stamp duty on the First Home Ownership Scheme is now paid direct by NT Treasury. This is offset by $ 1.4M interest subsidy fo r low interest home loans. (e) Aboriginal Housing The higher amount in 2000-2001 results from a three year increase to Commonwealth State Housing Agreement funding effective from I July 2001. 2.2 Expenditure by Standard Classification (a) Personnel Costs The variation between years results from a transfer o fTerritory Housing staff to Territory Housing Business Services. (b) Operational Costs The reduction in operational costs is largely due to a reduction in information technology services associated with the transfer o f staff to Territory Housing Business Services. (c) Grants and Subsidies The higher amount in 2000-2001 results from a three year increase to Commonwealth State Housing Agreement funding effective from I July 2001. The variance in subsidies between years is due to the re-calculation o f existing community service obligations, including rental subsidies and stamp duty obligations. 2.3 Receipts by Account (a) Commonwealth Grants The higher amount in 2000-2001 results from a three year increase to Commonwealth State Housing Agreement funding effective from I July 2001.