1998-99 State Budget
The Budget Papers are split into three sections. This was the first year the Budget Papers used accrual output based budgeting.
The 1998-1999 State Budget was released on 21 April 1998.
Accrual budgeting reflects the full cost of government service provision. This prevents liabilities being incurred without planning and managing future payments - as was possible under cash based reporting.
Guide to the Budget Papers
Public Sector Asset Investment Program