314
Appendix 7
(Chapter 4: The Economy)
Total Government Revenue and Expenditure
315
$ Million
Expenditure
Actual
1984-85
Actual 1985-86
Estimate 1986-87
$ Million
Operating Expenditure
Revenue
Actual 1984-85
Actual 1985-86
Estimate 1986-87
Recurrent Expenditure
Personal Emoluments
9,603
10,963
11,062
Operating Revenue
Direct taxes
Earnings and profits tax
Indirect taxes
Duties
General rates
Internal revenue (Note 1)
Motor vehicle taxes
Personnel Related Expenses
1,094
1,183
1,377
Pensions
1,055
1,226
1,250
13,515
16,603
16,988
Departmental Expenses
2,829
2,907
3,311
Other Charges
4,407
4,838
6,754
Subventions -
2,344
3,092
3,392
Education
3,762
4,228
4,486
1,222
1,770
1,190
Medical
941
1,060
1,135
4,049
5,182
5,585
Miscellaneous
374
491
503
350
634
670
Social Welfare
375
448
478
Royalties and concessions
359
378
409
University and Polytechnic Grants Committee
1,325
1,562
1,672
Vocational Training Council
226
260
335
Other revenue
Fines, forfeitures and penalties
365
364
366
Capital Expenditure of a Regular Nature
655
619
759
Revenue from properties
457
516
514
Reimbursements and contributions
1,021
1,073
1,451
Utilities-
Airport and air services
753
791
829
Car parks
5
5
5
Government quarries
57
50
30
Postal services
752
915
1,000
Tunnels
72
1.14
122
Water
683
758
867
Fees and charges
2,640
3,101
3,381
Total Operating Expenditure
26,646
29,785
33,122
Interest
1,938
1,116
1,400
Total Operating Revenue
30,582
36,462
38,199
Capital Expenditure
General Revenue
Defence cost agreement
75
35
27
Capital Revenue
Direct taxes
Capital subventions
675
508
795
Refund of land premia
418
|
Estate duty
Indirect taxes
Taxi concessions
༞སི ནྟི ཨུབྷཱཌྜྷྱཊྚཙདྡྷི
300
391
120
51
Other revenue
Land transactions
4,267
3,895
Borrowing
1,005
Others (Note 2)
Repayment and interest on loans and other funds revenue
443
Capital works reserve fund (Land sales and interest)
586
2,053
Development loan fund
625
668
Home ownership fund
1,509
1,142
Total Capital Expenditure
9,508
10,907
9,880
Student loan fund
48
57
Total Government Expenditure
36,154
40,692
43,002
Total Capital Revenue
7,943
7,233
5,210
Total Government Revenue
38,525
43,695
43,409
Funds
Capital works reserve fund
5,808
5,706
6,380
Development loan fund
1,740
1,651
1,720
Home ownership fund
1,059
755
772
Student loan fund
86
90
104
Mass transit fund
65
1,744
82
Notes: J.
2.
Comprising taxes on bets and sweeps, entertainments, hotel accommodation, air passenger departures, Cross-Harbour Tunnel passages and stamp duties.
Includes $800 million transferred from Home Ownership Fund in 1986–87.
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