XN000022-1985-02-27 — Page 40

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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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