300
Appendix 9
(Chapter 3: The Economy)
Comparative Statement of Recurrent and Capital Income and Expenditure
301
Income
Actual
1983-84
Actual 1984-85
$ Million
Estimate 1985-86
$ Million
Expenditure
Actual
Actual
Estimate
1983-84
1984-85
1985-86
Recurrent Account
Earnings and profits tax
Recurrent Account
Direct taxes
Indirect taxes
Duties
General rates
Internal revenue (Note (a))
Motor vehicle taxes
Royalties and concessions
Personal Emoluments
8.334.8
9,602.6
10,066.2
11.422.9
13,515.2
14,675.0
Personnel Related Expenses
1.880.7
2.148.6
2,352.7
2.583.6
2.343.6
3,149.0
1.155.5
1,222.2
1,760.0
3.184.5
4,049.0
4,942.0
Departmental Expenses
Other Charges
2.742.3
2,829.3
3.246.9
316.3
349.7
400.0
269.7
358.6
355.3
Additional Commitments
Defence Costs Agreement
1,700.0
1.172.8
1,247.8
1,379.4
Other revenue
Fines, forfeitures and penalties
343.1
365.5
396.0
Revenue from properties and investments
2.638.3
2,395.0
2,250:0
Reimbursements and contributions
831.4
1,021.0
1,061.8
Public Debt
Other
Subventions
Education
29.3
79.1
132.8
2.794.9
3.080.4
3,204.6
3,270.3
3,762.1
3,985.1
Medical
813.7
941.3
987.3
Utilities---
Airport and air services
690.6
753.4
804.8
Miscellaneous
325.2
374.3
472.9
Car parks
Government quarries
Postal services
Tunnels
Water
Fees and charges (Note (b))
69.3
4.8
4.9
Social Welfare
321.8
374.6
420.0
52.4
57.1
58.0
University and Polytechnic Grants Committee
1.009.3
1,325.3
1,476.8
656.9
751.6
891.0
Vocational Training Council
180.9
226.2
260.0
48.2
71.7
103.0
Transfer to Capital Account
4,374.6
4.589.6
5,186.5
575.4 2.412.5
682.6
836.4
2.640.2
3,184.0
27,250.6
30,581,2
34,871,2
27.250.6
30,581.2
34,871.2
Capital Account
Direct taxes
Estate duty
Indirect taxes
Taxi concessions
315.8
300.4
300.0
Capital Account
Plant, Equipment and Works
191.5
119.7
40.0
Other Non-Recurrent
Other revenue
Land transactions
2.267.1
4,267.2
1,700.0
Defence Costs Agreement Other
Additional Commitments
Public Debt
80.8 546.3
75.0
113.0
443.2
470.8
100.0
39.1
42.9
54.1
Donations and grants
111.5
51.0
80.0
Repayments of loans and advances
13.2
18.5
10.0
Proceeds from the issue of bonds
1,004.5
Other (Note (c))
250.0
400.0
Other
Subventions
Education
209.6
168.6
63.0
114.9
161.8
190.8
Transfer from Revenue Account
4,374.6
4.589.6
5,186.5
Medical
98.6
62.8
142.6
Miscellaneous
15.5
71.2
15.8
Deficit
2.993.4
559.2
960.4
Social Welfare
11.4
9.1
1.2
University and Polytechnic Grants Committee
150.2
200.5
222.4
Vocational Training Council
70.7
169.4
173.2
Transfers to Funds
Capital Works Reserve Fund
7.700.0
7,757.5
5,800.0
Development Loan Fund
1.400.0
1,305.0
1,300.0
Mass Transit Fund
40.0
408.1
Student Loan Fund
40.0
35.0
30.0
10,517.1
10,910.1
8,676.9
10,517.1
10,910.1
8,676.9
Notes: (a) Comprising taxes on bets and sweeps, entertainments, hotel accommodation, air passenger departures. Cross Harbour Tunnel passages and
stamp duties.
(b) From 1984-85 onwards, Fees and charges includes business registration fees.
(c) Includes $250 million transferred from the Exchange Fund in 1983-84 and $400 million transferred from the Home Ownership Fund in
1985-86.