Territory Stories

Annual Report 2000/2001 Territory Housing



Annual Report 2000/2001 Territory Housing

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Tabled paper 154


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






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aiiiiaaBBmiEMiauMimatgmMmMBsaHa Territory Housing (b) Charges for Goods and Services The variation between years is primarily due to a reduction in administration fees payable by Territory Housing Business Services as a result o f the reduced administration functions previously carried out by Territory Housing. (c) Other Intrasector Receipts The payment is part o f a jo int project to develop strategies to address issues associated with itinerants with alcohol problems in the Darwin area. 2.4 Reconciliation Schedule There were no adjustments to the agencys schedules to reconcile amounts to the Treasurer's Annual Financial Statements. Note 3 Accountable Officers Trust Account The purpose o f the Accountable Officer's Trust Account is to hold monies received from individuals, firms, companies, etc until such time as the monies are required to be disposed. Territory Housing hold monies o f this nature fo r general purposes o f the Department. Note 4 W rite Offs, Postponements and Waivers There were no write offs, postponements o r waivers during 2000-2001. Note 5 Employee Entitlements Outstanding (a) The value o f recreation leave entitlements is calculated by PIPS based on employees' actual salaries and entitlements as at 30 June 2001. (b) The value o f leave loading entitlements is calculated by PIPS based on employees' actual salaries and entitlements as at 30 June 2001. Long Service Leave entitlement is calculated in accordance with the Australian Accounting Standard AAS30. The calculation takes into account the probability o f employees reaching ten years o f service, the future increases o f salary costs, and discount rates to achieve the net present value o f the future liability.

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