286
Appendix 9
(Chapter 3: Financial System and Economy)
Comparative Statement of Recurrent and Capital Income and Expenditure
Income
Actual
1980-81
Actual 1981-82
$ Million
Estimate 1982-83
Direct taxes
Indirect taxes
Duties
General rates
Recurrent Account
Earnings and profits tax
Recurrent Account
Personal emoluments
7,964.6
10,566.6
11,216.0
Departmental recurrent expenditure
917.4
937.0
986.5
986.1
1,050.9
691.3
Internal revenue (Note 1)
2,961.9
3,275.6
3,105.0
Public Works Recurrent
Subventions
Motor vehicle taxes
Royalties and concessions
423.3
483.8
492.3
128.3
200.2
230.0
University and Polytechnic Grants Committee
Defence
Other revenue
Fines, forfeitures and penalties
213.0
291.1
301.3
Pensions
Revenue from properties and investments
2,286.3
3,564.9
4,424.0
Reimbursements and contributions
321.1
363.9
419.5
Public Debt
Utilities-
Miscellaneous
Airport and air services
461.3
$60.4
614.9
Government quarries
Car parks
Kowloon-Canton Railway
Postal services
Tunnels
51.3
63.4
69.1
Transfer to Capital Account
35.8
56.9
50.0
76.3
78.6
115.1
Surplus
388.4
488.5
522.9
16.1
21.1
46.3
Water
362.2
387.1
359.6
Fees and charges (Note 2)
1,358.2
1,623.6
1,664.4
18,951.6
24,013.6
25,308.2
287
$ Million
Expenditure
Actual
Actual
Estimate
1980-81
1981-82
1982-83
4,670.6
6,026.2
6,653.7
1,741.3
2,525.1
3,788.4
739.0
1,162.5
1,257.8
2,633.1
3,258.7
3,791.9
580.5
745.5
841.9
618.9
1,206.6
1,314.8
423.7
600.5
606.7
34.8
21.3
26.5
477.2
748.5
1,184.3
335.7
1,184.0
3,059.4
6,696.8
6,534.7
2,782.8
18,951.6
24,013.6
25,308.2
Capital Account
Capital Account
Direct taxes
Estate duty
Indirect taxes
Taxi concessions
251.4
315.9
Public Works Programme (other than New Towns and Housing)
238.0
Buildings
333.4
481.4
Engineering
1,244.3
1,875.1
287.9
208.3
177.8
Waterworks
192.1
389.2
Other revenue
Land transactions
10,769.8
9,676.5
12.452.0
Donations and grants
55.3
125.8
Public Works Programme (New Towns and Housing) Land Acquisitions
1,385.8
2,295.4
636.2
1,897.1
Repayments of loans and advances
15.3
43.3
3.6
Transfer to Capital Works Reserve Fund
11,000.0
Sale of Associated Properties Limited shares
14.3
Transfer to Development Loan Fund for Housing Authority
1,831.0
2,114.0
2,432.0
Deficit on Capital Account met by transfer from Revenue Account
335.7
1,184.0
3,059.4
Transfer to Home Ownership Fund
80.0
332.0
wwwwwwww
Subventions
144.8
207.5
373.9
University and Polytechnic Grants Committee
237.1
148.9
263.9
Departmental special expenditure
247.0
373.8
563.8
Defence Costs Agreement: Capital works
18.0
55.6
153.2
;
Defence: Miscellaneous Measures
Other Transfers
Development Loan Fund Emergency Relief Fund Mass Transit Fund Student Loan Fund
Public Debt
Miscellaneous
912.5
207.4
426.4
400.0
7.9
10.8
4.0
3,539.6
437.0
36.5
65.2
104.1
277.1
81.3
23.2
151.1
511.6
712.1
11,674.4
11,483.3
16,056.6
11,674.4
11,483.3
16,056.6
Note:
1. Comprising taxes on bets and sweeps, entertainment, hotel accommodation and stamp duties. 2. Including business registration fees.