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Revenue Occurring After Balance Date

3. Revenue from State Government
Revenue from Government includes revenue from appropriations, including appropriations carried forward under section 8A of the Public Account Act 1986, and from Items Reserved by Law

 

2004 2004 2003
Actual Orginial Budget Actual
$'000 $'000 $'000
Recurrent Appropriation 44,332 44,460 43,072
Works and Services Appropriation 66,513 67,145 75,645
Appropriation Carried Forward under section 8A of the Public Account Act 1986 3,421 . 1,278
Less Revenue Received in Advance -450
Total Revenue from Government 113,816 111,605 119,995

 Section 8A of the Public Account Act 1986 allows for an unexpended balance of an appropriation to be transferred to an Account in the Special Deposits and Trust Fund for such purposes and conditions as approved by the Treasurer. In the initial year, the carry forward is recognised as a liability, Revenue Received in Advance. The carry forward is recognised as revenue in the following year, assuming that the conditions of the carry forward are met and the funds are expended.