Estimates-1962 — Page 183

PART I — EXPLANATORY NOTES ON REVENUE ESTIMATES

GENERAL

Estimate 1961/62

Revised estimate 1960/61

Approved estimate 1960/61

Actual revenue 1959/60

Actual revenue 1958/59

$913,730,200

826,471,000

712,160,900

664,635,001

629,336,662

Comparative analyses of the approved and the revised estimates, 1960/61:—

Approved

Revised

Estimate

Estimate

Difference

1960/61

1960/61

$M

$M

$M

Duties

154.7

164.2

+ 9.5

Rates

93.5

100.3

+ 6.8

Internal Revenue (excluding capital duties)

169.9

214.6

+ 44.7

Licences and Franchises

40.7

46.4

+ 5.7

Fines and Forfeitures

3.6

10.5

+

6.9

Fees of Court or Office (excluding

capital receipts)

56.3

65.3

+

9.0

Water Revenue

18.9

21.7

+

2.8

Post Office

50.2

57.7

+ 7.5

Kowloon-Canton Railway

7.2

9.0

+ 1.8

Revenue from Lands, Interest, Rents, etc.

56.7

58.1

+ 1.4

Total Recurrent Revenue

651.7

747.8

+ 96.1

Internal

Revenue (Estate & Excess

Stamp Duties)

16.5

15.0

―

1.5

Fees of Court or Office (Repayments of

Loans and Contributions)

0.5

1.3

+ 0.8

Land Sales

35.5

56.0

+ 20,5

Colonial Development & Welfare Grants

0.0

0.0

World Refugee Year Grants

3.8

2.2

1.6

Loans from U.K. Government

4.2

4.2

Total Revenue

712.2

826.5

+114.3

Comparative analyses of the revised estimate 1960/61 and the estimate 1961/62:—-

Revised

Estimate

Estimate

Difference

1960/61

1961/62

$M

$M

$M

Duties

164.2

175.6

+11.4

Rates

100.3

115.6

+15.3

Internal Revenue (excluding capital

duties)

214.6

254.8

+40.2

Licences and Franchises

46.4

46.5

+ 0.1

Fines and Forfeitures

10.5

4.3

6.2

Fees of Court or Office (excluding capital

receipts)

65.3

68.1

+ 2.8

Water Revenue

21.7

23.7

+ 2.0

Post Office

57.7

62.7

+ 5.0

Kowloon-Canton Railway

9.0

9.0

Revenue from Lands, Interest, Rents, etc.

58.1

59.1

+ 1.0

Total Recurrent Revenue

747.8

819.4

+71.6