The actual outcome for 1992-93 was better than Budget estimates. On the receipts side, recurrent receipts were $12.4 million or 1.1 per cent above estimate. Capital receipts were $18.8 million (14.7 per cent) above estimate. Tax revenue was $19.7 million (4.5 per cent) above estimate due to higher rates and stamp-duty collection. Other tax measures were also above estimate: gaming, petrol, liquor and tobacco.
Commonwealth general grants were down $6.8 million (1.7 per cent) due to CPI and population recalculations.
Expenditure was $31.3 million (2.4 per cent) below estimate. Most was because of a deferral of expenditure to 1993-94 and 1994-95.
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