244
Appendix 9
(Chapter 3: Financial Structure)
ין
245
Comparative Statement of Recurrent and Capital Income and Expenditure
Actual
Actual
Actual 1975-6
Actual 1976-7
Estimate 1977-8
1975-6
1976-7
$ Million
Estimate 1977-8
Recurrent Account
Recurrent Account
Personal emoluments
1781.5
2135.0
2421.0
Direct taxes
Earnings and profits tax
2234-0
2 698-7
2926-0
Departmental recurrent expenditure
781.2
793.8
991.3
Indirect taxes
Public Works Recurrent
277.4
287-1
360.4
Duties
558-3
680-7
.730-1
Subventions
949.5
1121-7
1 295.5
General rates
534-4
618-7
721-0
Internal revenue (note 1)
571-5
730-3
762-0
University and Polytechnic Grants Committee
216.8
255.4
293.9
Motor vehicles taxes
48-8
102.0
120-0
Defence
51-4
194-8
252.6
Franchises
50-9
51.3
57-9
Airport concessions
50-7
61.8
60-0
Pensions
165.8
193.9
229.1
Other revenue
Miscellaneous
226.5
241.7
392.5
Fines, forfeitures and penalties
54-7
70-5
73-5
Transfer to Capital Account
906-0
723.4
1073.3
Licences (note 2)
218-7
237-0
267-4
Fees and receipts
Surplus
487-3
902.6
29.3
339-0
417-4
459-4
Revenue from properties and investments
411-5
322-9
289-8
Reimbursements
130-7
140-0
142.0
Water
187-3
222-2
250-2
Postal services
250-5
288-0
249.7
Airport and air services
167.8
175.2
186-6
Kowloon-Canton Railway
34-6
32-7
43-3
5 843-4
6849.4
7338.9
5843-4
6849-4
7338-9
Capital Account
Direct taxes
Estate duty
Indirect taxes
Taxi concessions
Other revenue
Capital Account
Public Works Programme (other than New Towns and
Housing)
64.6
85.2
88-0
Building
116-4
143.7
226.8
Engineering
308.8
254.9
369.2
110-0
Waterworks
295-6
268.4
147.0
Public Works Non-recurrent: Headquarters
38.2
60.1
90.1
Land sales
345-9
Loan repayments
1-7
557-3 1.6
736-0
1.6
Public Works Programme (New Towns and Housing) Transfer to Development Loan Fund for Housing Authority
387-8
400.9
631.0
125.0
Loans and grants
263-9
Transfer to Home Ownership Fund
102.5
Deficit on Capital Account met by transfer from Revenus
Account
Other capital expenditure
906-0
723-4
1073-3
Subventions
44.3
32.1
88.3
University and Polytechnic Grants Committee
92.6
40.1
57.0
Departmental special expenditure
69.3
74.4
158.3
Defence Cost Agreement: Capital works
44.4
22.0
28.3
Miscellaneous (including public debt)
59.7
70.9
110-4
1582.1
1367.5
2008.9
1582-1
1367-5
2008-9
Nota: 1 Compriting taxes on bear and sweeps, entertainment, hotel accommodation and stamp duties,
2. Including business registration fear,