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APPENDICES
APPENDIX 13
(Chapter 4: The Economy)
Total Government Revenue and Expenditure and
Summary of Financial Position
$ Million
Revenue
Actual
Actual
Revised Estimate
1996-97
1997-98
1998-99
Operating Revenue
Direct taxes
Earnings and profits tax (1)
83,966
91,524
74,190
Indirect taxes
Duties
8,450
8,465
8,004
General rates
6,285
6,258
3,624
Internal revenues (2)
34,552
44,263
24,844
Motor vehicle taxes
3,249
4,246
2,345
Royalties and concessions
1,755
1,889
1.311
Other revenue
Fines, forfeitures and penalties
1,592
1,566
1,359
Properties and investments
2,926
7,159
8.316
Reimbursements and contributions
5,044
6,042
6,375
Utilities-
Airport and air services
3,793
3,968
1.089
Ferry terminals
298
264
196
Postal services
94
53
Water
2.423
2,450
2,409
Sewage services
700
Fees and charges
10,766
11,279
10,866
Interest
5,616
8,976
20,170
Total Operating Revenue
170,809
198,402
165,798
Capital Revenue
Direct taxes
Estate duty
Indirect taxes
1,510
1,588
1,230
Taxi concessions
23
Other revenue
Land transactions
451
Miscellaneous
1,087
17,864 2,264
2,483
Funds
Capital Works Reserve Fund (Land sales and interest)
**
29,057
Capital Investment Fund
3,023
48,067 3,888
24,403 6.462
Civil Service Pension Reserve Fund
501
647
1,037
Disaster Relief Fund
1
2
2
Loan Fund
1,919
2,475
2,516
Land Fund
Total Capital Revenue
Total Government Revenue
6,006 #
8,899 #
37,549
82,824
47,032
208,358
281,226
212,830