PART I — EXPLANATORY NOTES ON REVENUE ESTIMATES
Estimate 1963-64
Revised estimate 1962-63
Approved estimate 1962-63
Actual revenue 1961-62
Actual revenue 1960-61
GENERAL
$1,197,065,000
1,207,697,000
1,062,500,000
1,030,447,880
859,234,131
Comparative analyses of the approved and the revised estimates, 1962-63:-
Approved Revised
estimate
estimate
Difference
1962-63
1962-63
$M
$M
SM
Duties
185.8
196.3
+ 10.5
Rates
128.6
129.4
+ 0.8
Internal Revenue (excluding capital duties)
306.3
319.0
+ 12.7
Licences and Franchises
55.4
56.6
+ 1.2
Fines and Forfeitures
4.8
5.1
+
0.3
Fees of Court or Office (excluding capital
receipts)
81.3
89.5
+ 8.2
Water Revenue
24.7
23.8
―
0.9
Post Office
64.1
77.5
+ 13.4
Kowloon-Canton Railway
9.1
9.3
+ 0.2
Revenue from Lands, Interest, Rents, etc.
71.1
87.4
+ 16.3
Total Recurrent Revenue
931.2
993.9
+ 62.7
Internal Revenue (Estate and Excess
Stamp Duties)
20.0
24.0
+ 4.0
Fees of Court or Office (Repayments of
Loans and Contributions)
2.6
Land Sales
106.0
4.7
185.0
+ 2.1
+ 79.0
Colonial Development and Welfare Grants World Refugee Year Grants
2.7
0.1
2.6
Total Revenue
1,062.5
1,207.7
+145.2
Comparative analyses of the revised estimate 1962-63 and the estimate 1963-64:—
Revised
estimate
Estimate 1963-64
Difference
1962-63
$M
$M
$M
Duties
196.3
203.4
+ 7.1
Rates
129.4
141.1
+ 11.7
Internal Revenue (excluding capital duties)
319.0
326.4
+ 7.4
Licences and Franchises
56.6
60.8
+ 4.2
Fines and Forfeitures
5.1
4.8
0.3
Fees of Court or Office (excluding capital
receipts)
89.5
93.2
+ 3.7
Water Revenue
23.8
25.6
+ 1.8
Post Office
77.5
69.1
8.4
Kowloon-Canton Railway
9.3
9.4
+ 0.1
Revenue from Lands, Interest, Rents, etc.
87.4
91.4
+ 4.0
Total Recurrent Revenue
993.9
1,025.2
+ 31.3