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has worked well and most fees and charges have now been reviewed and duly updated. It is essential to maintain the yield in real
terms if we are to continue with low rates of direct taxation.
99.
In 1981-82 revenue from Government utilities and fees
and charges represented 9% of the total revenue. This year the percentage has increased to 14% and I expect it to increase further to 17% by 1987-88 as we progressively update. Given the growing importance that revenue from this source is
from this source is assuming in
the overall budget strategy, we will endeavour to maintain or improve the real yield through more frequent but smaller increases. Sudden shocking increases are rightly unpopular. We are also moving from reviews of isolated items towards major departmental reviews whereby controlling officers are encouraged to consider value for money and to take the initiative in proposing rationalised packages for establishing their fees and charges in the context of overall Government policy. Services should be paid for by those who use them.
100.
Last year the estimates showed revenue of $4.78 billion
from utilities and fees and charges. Our latest outturn forecast suggests that we will exceed this target by some $260 million.
101.
For 1985-86 I propose to raise an estimated $5.8 billion from utilities and fees and charges. Most of this will be forthcoming without any adjustment to existing fee and charge
levels.
In addition, however, to the proposed increase in business registration fees, approximately $415 million must be found elsewhere. I expect to raise $220 million through departmental reviews currently under consideration, including Water Supplies, Marine, Customs and Excise and the Registrar
will
General's Department. The remaining $195 million derived from relatively small increases in the following:
postal and telecommunication fees and charges;
tolls for Government-operated tunnels;
be
G.F. 316
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