APPENDICES
APPENDIX 10
(Chapter 5: The Economy)
Total Government Revenue and Expenditure and Summary of Financial Position
$ Million
Revenue
Actual 1991-92
Actual
Revised Estimate
1992-93
1993-94
Operating Revenue
Direct taxes
Earnings and profits tax
Indirect taxes
Duties
General rates
Internal revenue§
Motor vehicle taxes
44,870
55,061
65,150
6,844
7,216
7.154
3,494
4.423
4,425
18,406
23,012
29,335
3,437
4,940
4,045
Royalties and concessions
886
1,136
1,366
Other revenue
Fines, forfeitures and penalties
885
892
1,073
Properties and investments
1,572
1,821
2,027
Reimbursements and contributions
2,777
3,798
3,765
Utilities—
Airport and air services
2,106
2,373
2,770
Ferry terminals
218
251
288
Government quarries
1
Postal services
2,198
2,428
2,557
Tunnels
302
211
Water
1,825
1,911
2,257
Fees and charges
7,170
8,015
8,534
Interest
2,982
1,767
3,280
Total Operating Revenue
99,973
119,255
138,026
Capital Revenue
Direct taxes
Estate duty
Indirect taxes
683
1,025
1,000
Taxi concessions
302
Other revenue
Land transactions
412
267
242
Miscellaneous
86
234
2,702
Funds
Capital Works Reserve Fund (Land sales and interest) Capital Investment Fund
9,074
8,957
19,072
2,468
2,368
2,577
Loan Fund
603
686
793
Total Capital Revenue
Net borrowing
Total Government Revenue
13,628 1,098
114,699
13,537
26,386
2,519
135,311
164,412
Note:
§ Including bets and sweeps tax, entertainment tax, hotel accommodation tax, air passenger departure tax, Cross Harbour Tunnel passage tax
and stamp duties.
449
450