APPENDICES
APPENDIX 10
(Chapter 5: The Economy)
Total Government Revenue and Expenditure and Summary of Financial Position
Revenue
$ Million
Actual 1992-93
Actual 1993-94
Revised Estimate
1994-95
Operating Revenue
Direct taxes
Earnings and profits tax
Indirect taxes
Duties
General rates
Internal revenues*
Motor vehicle taxes
55,061
65,439
74,700
7,216
7,113
7,837
4,423
4,461
5,155
23.012
30,020
22,844
4,940
4,192
4,429
Royalties and concessions
1,136
1,379
1,686
Other revenue
Fines, forfeitures and penalties
892
1,123
1,459
Properties and investments
1,821
2,265
1,994
Reimbursements and contributions
3,798
3,755
4,065
Utilities--
Airport and air services
2,373
2,841
3,017
Ferry terminals
251
290
302
Postal services
2,428
2,611
2,796
Tunnels
211
Water
1,911
2,255
2.268
Fees and charges
8,015
8,627
9,747
Interest
1,767
3,387
4,570
Total Operating Revenue
119,255
139,758
146,869
Capital Revenue
Direct taxes
Estate duty
Indirect taxes
1,025
1,186
1,300
Taxi concessions
633
Other revenue
Land transactions
267
264
374
Miscellaneous
234
2,692
1,398
Funds
Capital Works Reserve Fund (Land sales and interest)
8,957
19,112
19,323
Capital Investment Fund
2,368
2,764
2,763
Diaster Relief Fund
1
Loan Fund
686
823
900
Total Capital Revenue
Net borrowing
13,537 2.519
26,841
26,692
3
Total Government Revenue
135,311
166,602
173,561
Note:
* Including bets and sweeps tax, hotel accommodation tax, air passenger departure tax, Cross Harbour Tunnel passage tax and stamp duties.
479