LOCAL GOVERNMENT FINANCE
In the 2006-07 financial year, Northern Territory (NT) local governments had total current expenses of $401 million and total revenues of $395 million. This is slightly higher than the previous financial year where total revenues were $364 million and current expenses were $358 million. The Darwin region (comprising all local governments located in the NT Government Statistical Region of Darwin) accounted for 45% of current expenses and 43% of total revenue in the NT. In the NT, current grants accounted for approximately 40% of total revenue received by local government councils between 2004-05 to 2006-07.