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Key points in the ACT budget for 2019/20

The Australian Capital Territory government has handed down a deficit budget for 2019/20 but aims for surpluses in coming years.

ACT BUDGET AT A GLANCE

- Deficit of $89.1 million for 2019/20

- Net surplus of $392.6 million over the next four years

- Net debt forecast at $2.7 billion at June 30, 2020

- Forecast revenue of $5.9 billion in 2019/20

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- Rates revenue $388.4 million in 2019/20

SNAPSHOT OF 2019/20 SPENDING

- Health $1.8 billion

- Education $1.4 billion

- Transport $271 million

- Housing $209 million

- Environment $173 million

- Justice $262 million


1 min read

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Source: AAP



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