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Between 1999-2000 and 2000-01, State taxation revenue decreased and current grants and subsidies increased, as a result of the cessation of some State taxes in conjunction with the implementation of the Commonwealth GST.

STATE TOTAL PUBLIC SECTOR OPERATING STATEMENT, Tasmania
				1998-99	1999-2000	2000-01
Item				$m	$m	$m
	GFS Revenue
		Taxation revenue		618	654	516
		Current grants and subsidies		1,111	1,227	1,555
		Sales of goods and services		1,277	1,298	1,271
		Interest income		133	202	276
		Other		150	213	163
		Total		3,289	3,594	3,780
less
	GFS Expenses
		Gross operating expenses
			Depreciation	241	298	311
			Employee expenses	1,242	1,266	1,362
			Other operating expenses	1,016	1,045	1,076
			Total	2,498	2,610	2,748
		Nominal superannuation interest expenses		69	68	67
		Other interest expenses		406	429	440
		Current grants and transfers		224	254	351
		Capital grants and transfers		9	14	3
		Total		3,206	3,375	3,609
equals
	GFS Net Operating Balance			83	219	172
less
	Net acquisition of non-financial assets			28	-53	-69
equals
	GFS Net Lending(+)/Borrowing(-)			56	272	241
Source: Government Finance Statistics, Australia (Cat. no. 5512.0) and ABS data available on request, Government Finance Statistics Collection.