Organisation—net recurrent operational expenditure, total Australian currency N[N(9)]
Identifying and definitional attributes
|Metadata item type:||Data Element|
|Short name:||Net recurrent operational expenditure|
|Synonymous names:||Net recurrent operational costs|
|Registration status:||Housing assistance, Standard 01/05/2013|
The net recurrent operational cost that an organisation incurs maintaining housing stock, including expenses related to repair and maintenance, rates, cost of disposals, market rent paid, and interest expense, expressed in dollars.
|Data Element Concept:||Organisation—net recurrent operational housing expenditure|
Value domain attributes
|Maximum character length:||10|
|Unit of measure:||Australian currency (AU$)|
Data element attributes
Collection and usage attributes
|Guide for use:|
Operational costs include:
1. Repairs and maintenance: costs incurred which restore an asset to its original condition, including:
2. Rates: e.g. water, shire.
3. Cost of disposals: such as the cost of removal of housing stock, including:
4. Market rent paid: such as from headleasing properties.
5. Interest expense: e.g. interest on loans.
Operational costs are typically measured for a financial year (1 July to 30 June the following year).
|Related metadata references:|
Supersedes Housing assistance agency—recurrent expenditure (operational costs), total Australian currency N[N(9)] Housing assistance, Retired 01/05/2013
|Implementation in Data Set Specifications:|
Administrator net recurrent cost cluster Housing assistance, Standard 01/05/2013