Budget Paper No. 2
2008-09 Budget Statement
Contents 
Chapter 1: Budget Position
1.1 Introduction
1.2 Budget Results
1.3 Capital Expenditure
1.4 Balance Sheet
1.5 Cash Flow
1.6 Key Budget Risks
Chapter 2: Fiscal Strategy and Outlook
2.1 Introduction
2.2 Fiscal Strategy
2.3 2008-09 Budget
2.4 Budget Trends
2.5 Capital Expenditure
Chapter 3: General Government Expenditure
3.1 Introduction
3.2 Performance Budgeting
3.3 Expenditure Trends and Composition
3.4 Service Delivery
Chapter 4: General Government Revenues
4.1 Introduction
4.2 Taxation Policy Measures
4.3 Revenue Trends and Composition
4.4 Taxation Revenue
4.5 Grant Revenue
4.6 Other Revenues
Chapter 5: Tax Expenditures and Concessions
5.1 Introduction
5.2 Concepts and Methods
5.3 Tax Expenditures
5.4 Concessions
Chapter 6: Balance Sheet Management
6.1 Introduction
6.2 Net Debt
6.3 Net Financial Liabilities
6.4 Net Worth
6.5 Unfunded Superannuation
6.6 Insurance
6.7 Financial Asset Management
6.8 Financial Risk Management
Chapter 7: Public Trading Enterprises
7.1 Introduction
7.2 Commercial Policy Framework
7.3 Operating Performance
7.4 Capital Expenditure
7.5 Major Sectors
Chapter 8: Commonwealth-State Financial Arrangements
8.1 Introduction
8.2 New COAG Reform Agenda
8.3 Specific Purpose Payments Reform
8.4 Commonwealth Grants
Chapter 9: The Economy
9.1 Introduction
9.2 Overview
9.3 Recent Performance
9.4 Outlook for 2008-09
9.5 Economic Risks
Chapter 10: Uniform Reporting Framework
10.1 Introduction
10.2 Uniform Presentation Framework
10.3 Uniform Presentation Tables
10.4 Loan Council Allocation
Appendices
A. Progress against Fiscal Responsibility Act 2005 Targets and Principles
B. Statement of Accounting Principles and Policies
C. Classification of Agencies
D. 2007-08 Budget - Summary of Variations
E. Tax Expenditure and Concessional Charges Statement
Glossary
Index
For further information about the New South Wales Budget Papers, contact the New South Wales Treasury, Governor Macquarie Tower, 1 Farrer Place, Sydney 2000 or Email to Francess Lavorato, NSW Treasury.