❓ Mr. Tinley asks about Keystart revenue usage by the Housing Authority since 2004-2005. The Minister confirms the revenue contributes to the overall cost of the social and affordable housing program, with specific amounts detailed for certain years.
AnsweredQoN 3144Legislative Assembly
QuestionView source ↗
I refer to revenue generated by Keystart and ask: (a) can the Minister confirm that this revenue is used by the Housing Authority and spent in pursuit of its strategic objectives; (b) for each financial year since 2004–2005, how much revenue from Keystart was used by the Housing Authority; and (c) for each financial year since 2004–2005, how was this revenue spent by the HousingAuthority including the purpose and outcomes of that spending?
AnswerView source ↗
Answered
25 November 2014
Responded by
Minister for Housing
Response time
33 days
The Department of Housing advises:
(a)
The Keystart revenue is spent in pursuit of the Housing Authority's strategic objectives.
(b)
2004-05: $0
2005-06: $16 600 000
2006-07: $24 000 000
2007-08: $16 118 839
2008-09: $0
2009-10: $0
2010-11: $25 000 000
2011-12: $73 470 000
2012-13: $56 000 000
2013-14: $78 200 000
(c)
The Keystart dividend is not earmarked for any specific expenditure.
The dividend contributes towards defraying the overall cost of the social and affordable housing program.
(a)
The Keystart revenue is spent in pursuit of the Housing Authority's strategic objectives.
(b)
2004-05: $0
2005-06: $16 600 000
2006-07: $24 000 000
2007-08: $16 118 839
2008-09: $0
2009-10: $0
2010-11: $25 000 000
2011-12: $73 470 000
2012-13: $56 000 000
2013-14: $78 200 000
(c)
The Keystart dividend is not earmarked for any specific expenditure.
The dividend contributes towards defraying the overall cost of the social and affordable housing program.
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