[DoF] October Balance and November Budget

Day 3,275, 07:39 • Published in Australia Australia • by Reserve Bank of Australia


Hey all,

Below find the Accounts after the month of October.

For some reason the image won't upload so I'll tray again later.

Due to the invasion we lost approximately $120,000 in Tax Revenue.

However, we still made a profit of $44,000 which keeps our Finances ticking over.

I haven't an image for the Budget for November, as it will be the same as last month, so have a look at the previous image.

Tax Revenue is set at a prudent $1,400 per day. I'm anticipating a greater drop in Tax Reveneu given the situation with Peru, but it won't affect our financial situation too greatly.

Taxes are as base rate at the moment and I will be giving my plan for this to Cabinet in the coming days and then onto Congress.

We expect to sign 5 MPP's again this month.

I have allowed $10,000 for Community initatives which will include competitions and engaging activities.

$50,000 has been allocated for Back-up CO's and can be used at any time by the MoD for Military Activity.


All the Best,
Elite C,
MoF