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WEDNESDAY, FEBRUARY 27, 1985
CAPITAL EXPENDITURE CLIMBS IN ALMOST EVERY SECTOR
****
A FOOTNOTE TO SIR JOHN'S SPEECH GIVES AN INSIGHT INTO THE WAY IN WHICH CONSOLIDATED ACCOUNT CAPITAL EXPENDITURE HAS GROWN IN RECENT YEARS.
THE ACTUAL EXPENDITURE IN 1983-84 IN EACH SECTOR IS COMPARED WITH THE ESTIMATES FOR 1985-86, THE FINAL 1984-85 FIGURES NOT YET BEING AVAILABLE.
($ MILLIONS)
1983-84 ACTUAL
1985-86 ESTIMATE PERCENTAGE
GROWTH
TRANSPORT
2 151
1 683
-21.8
LAND AND CIVIL
ENGINEERING
2 424
2 230
- 8.0
WATER
586
648
+10.6
PUBLIC SAFETY
144
271
+88.2
RECREATION AND
CULTURE
593
846
+42.7
ENVIRONMENTAL
PROTECTION
399
507
+27.1
*
EDUCATION
632
911
+44.1
*
MEDICAL
419
498
+18,1
AND
* A LARGE PART OF CAPITAL EXPENDITURE FOR EDUCATION+ +MEDICAL+ IS ACCOUNTED FOR FROM CAPITAL SUBVENTIONS AND IS NOT FUNDED FROM THE CAPITAL WORKS RESERVE FUND.
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