Environment and Heritage
Sydney Harbour Federation Trust - rent
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | |
| Sydney Harbour Federation Trust | 1.5 | 2.5 | 4.0 | 5.5 |
The Sydney Harbour Federation Trust receives commercial rent from Trust properties. Revenue from the sale of Trust property is included in the Contingency Reserve for commercial-in-confidence reasons.
The implementation of the Trust's business masterplan for the remediation and rehabilitation of the Trust's properties will be funded from internal funding sources including asset sales of ex-Defence housing and rentals together with Commonwealth contribution of $115.5 million over eight years commencing in 2003-04. The business masterplan will facilitate the protection and conservation of the environmental and heritage values of Trust lands and will enhance public access to the Trust's unique sites.
See also the related expense and capital measures titled Sydney Harbour Federation Trust in the Environment and Heritage portfolio.