Annual Report 2008-2009 - Department of Transport

37 Explanatory statement (continued)
(vi) Significant variances between estimate and actual for 2009, and actuals for 2008 and 2009 – Administered income (continued)
The significant items comprising the variance were:
2009 2008
Actual Actual Variance
$ 000 $ 000 $ 000
1 473 449 1 455 547 17 902
• Increase in Motor Vehicle Licence revenue attributable to the record vehicle sales 49 203
• Increase in the collection of 3rd Party Motor Vehicle Insurance revenue as a result of growth in
the number of motor vehicles
31 141
• The increase in revenue from Motor Vehicle Recording Fee attributable to the increase in the
growth in the number of motor vehicles
5 868
• Recognition of land held for sale on behalf of other agencies was greater than anticipated 5 681
• Increase to Motor Drivers Licence renewals primarily due to Motor Drivers Licence renewals
being dependent upon the time period chosen at the last renewal. Motor Driver Licence
renewals are at the commencement of a 5 year cycle and therefore the number of driver
licences expiring in this period has increased marginally.
• Increase in revenue for the State’s contribution to the design and construction of the Athletics
Facility in accordance with the 2008-09 Capital Works Program.
• Increase in Speed and Red Light Traffic Infringement Fines primarily a result of increase
to fines and penalties partially offset by a slight decrease in the number of infringements
processed.
Increases in revenue are partially offset by :
• Decrease in stamp duty on vehicles primarily a result of changes to the stamp duty thresholds
for light vehicles resulting in reduced stamp duty payable for vehicles in the $20,000 to $50,000
market range.
(67 434)
• Reduced land related income as a result of lower market activity (14 870)
3 893
2 583
1 000
127