Portfolio Budget Statements 2004-2005
Environment and Heritage Portfolio
Budget Initiatives and Explanations of Appropriations 2004-2005
Budget Related Paper No. 1.7
ISSN 1448-1219 (Online), 1448-1200 (Print)
Part C - Agency Budget Statements (continued)
Sydney Harbour Federation Trust (continued)
Section 4 - Purchaser/Provider and Cost Recovery Arrangements
PURCHASER/PROVIDER ARRANGEMENTS
There are no formal purchaser provider arrangements for the Harbour Trust.
COST RECOVERY ARRANGEMENTS
SUMMARY OF COST RECOVERY IMPACT STATEMENT
The Harbour Trust is committed to implementing the Commonwealth's formal cost recovery policy. In accordance with this policy the Harbour Trust will adhere to the Commonwealth's cost recovery guidelines when:
- undertaking reviews consistent with the Government's five-year review schedule for existing cost recovery arrangements;
- new cost recovery arrangements are proposed;
- significant amendments to existing arrangements are being considered; and
- periodic reviews of cost recovery arrangements are required.
The Harbour Trust's business plan provides for progressive increases in revenue as buildings are made available for commercial or other uses with the objective that the Harbour Trust will become self-funding at the end of its 10 year life.
Budget statements
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