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1384.6 - Statistics - Tasmania, 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 13/09/2002   
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Tasmanian local government taxation consists entirely of the municipal general rate. The fire levy is not treated as revenue of local government in GFS, as it collected on behalf of the State Fire Commission. Only the fees retained for collecting the fire levy are included as local government revenue. Service components of annual rates and charges, such as those for water, sewerage and garbage, are included in sales of goods and services.

LOCAL TOTAL PUBLIC SECTOR OPERATING STATEMENT, Tasmania

1998-99
1999-2000
2000-01

Item
$m
$m
$m

GFS Revenue
Taxation revenue
149
150
164
Current grants and subsidies
63
72
68
Sales of goods and services
177
189
191
Interest income
8
9
10
Other
28
19
32
Total
425
439
465

less
GFS Expenses
Gross operating expenses
Depreciation
121
123
121
Employee expenses
124
135
138
Other operating expenses
154
154
173
Total
399
412
431

Interest expense
15
15
15
Grants and transfers
11
12
9
Total
424
438
455

equals
GFS Net Operating Balance
1
1
9

less
Net acquisition of non-financial assets
-14
-13
-4

equals
GFS Net Lending(+)/Borrowing(-)
15
14
14

Source: Government Finance Statistics, Australia (Cat. no. 5512.0) and ABS data available on request, Government Finance Statistics Collection.


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