Finance-General Division

The set of statements classified administered encompasses all activities of the Finance-General Division that are administered on behalf of Government (refer to Note 1 of the Financial Statements). The revenue and expenditure that are managed through the Finance-General Division reflect whole-of-government activities. These include management of the Government's financial assets and liabilities; accounting for State taxation receipts and Australian Government General Purpose Payments; meeting the Government's pension and other superannuation commitments; administration of the Tasmanian Risk Management Fund; management of the Government's light vehicle fleet and property portfolio; and transactions with Government businesses.

The Controlled and Administered Expense summaries are based on ordinary expenditure before transfers to the Government, so Transfers to the Consolidated Fund are excluded from the above.