PART I — EXPLANATORY NOTES ON REVENUE ESTIMATES
GENERAL
Estimate 1961/62
Revised estimate 1960/61
Approved estimate 1960/61
Actual revenue 1959/60
Actual revenue 1958/59
$913,730,200
826,471,000
712,160,900
664,635,001
629,336,662
Comparative analyses of the approved and the revised estimates, 1960/61:—
Approved
Revised
Estimate
Estimate
Difference
1960/61
1960/61
$M
$M
$M
Duties
154.7
164.2
+ 9.5
Rates
93.5
100.3
+ 6.8
Internal Revenue (excluding capital duties)
169.9
214.6
+ 44.7
Licences and Franchises
40.7
46.4
+ 5.7
Fines and Forfeitures
3.6
10.5
+
6.9
Fees of Court or Office (excluding
capital receipts)
56.3
65.3
+
9.0
Water Revenue
18.9
21.7
+
2.8
Post Office
50.2
57.7
+ 7.5
Kowloon-Canton Railway
7.2
9.0
+ 1.8
Revenue from Lands, Interest, Rents, etc.
56.7
58.1
+ 1.4
Total Recurrent Revenue
651.7
747.8
+ 96.1
Internal
Revenue (Estate & Excess
Stamp Duties)
16.5
15.0
―
1.5
Fees of Court or Office (Repayments of
Loans and Contributions)
0.5
1.3
+ 0.8
Land Sales
35.5
56.0
+ 20,5
Colonial Development & Welfare Grants
0.0
0.0
World Refugee Year Grants
3.8
2.2
1.6
Loans from U.K. Government
4.2
4.2
Total Revenue
712.2
826.5
+114.3
Comparative analyses of the revised estimate 1960/61 and the estimate 1961/62:—-
Revised
Estimate
Estimate
Difference
1960/61
1961/62
$M
$M
$M
Duties
164.2
175.6
+11.4
Rates
100.3
115.6
+15.3
Internal Revenue (excluding capital
duties)
214.6
254.8
+40.2
Licences and Franchises
46.4
46.5
+ 0.1
Fines and Forfeitures
10.5
4.3
6.2
Fees of Court or Office (excluding capital
receipts)
65.3
68.1
+ 2.8
Water Revenue
21.7
23.7
+ 2.0
Post Office
57.7
62.7
+ 5.0
Kowloon-Canton Railway
9.0
9.0
Revenue from Lands, Interest, Rents, etc.
58.1
59.1
+ 1.0
Total Recurrent Revenue
747.8
819.4
+71.6