446

APPENDICES

$ Million

Summary of Financial Position

Revised

Actual

Actual

Estimate

1994-95

1995-96

1996–97

Total Government Revenue

174,998

180,045

202,276

Less total Government Expenditure and

Equity Investments

164,155

183,158

187,164

Consolidated cash surplus/(deficit)

10,843

(3,113)

15,112

Reserve balance at 1 April

140,197

151,040

147,927

Reserve balance at 31 March

151,040

147,927

163,039

Notes: (1) Include salaries tax, property tax and personal assessment tax.

(2) Include bets and sweeps tax, hotel accomodation tax, air passenger departure tax, Cross Harbour Tunnel passage tax and stamp duties. (3) Include the repayment of Government bonds in 1994–95.

Source: Finance Branch, Government Secretariat.

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