Estimates-1963 — Page 193

PART I— EXPLANATORY NOTES ON REVENUE ESTIMATES

Estimate 1962-63

Revised estimate 1961-62

Approved estimate 1961-62

Actual revenue 1960-61

Actual revenue 1959-60

GENERAL

$1,062,500,000

1,019,735,000

913,730,200

859,234,131

664,635,001

Comparative analyses of the approved and the revised estimates, 1961-62:—

Approved Revised

estimate

estimate

Difference

1961-62

1961-62

SM

$M

$M

Duties

175.6

174.8

0.8

Rates

115.6

116.6

+ 1.0

Internal Revenue (excluding capital duties)

254.8

295.4

+ 40.6

Licences and Franchises

46.5

51.3

+ 4.8

Fines and Forfeitures

4.3

4.9

+ 0.6

Fees of Court or Office (excluding capital

receipts)

68.1

81.0

+ 12.9

Water Revenue

23.7

24.7

+ 1.0

Post Office

62.7

80.2

+ 17.5

Kowloon-Canton Railway

9.0

9.1

+ 0.1

Revenue from Lands, Interest, Rents, etc.

59.1

71.4

+ 12.3

Total Recurrent Revenue

819.4

909.4

+ 90.0

Internal Revenue (Estate and Excess

Stamp Duties)

16.5

19.0

+ 2.5

Fees of Court or Office (Repayments of

Loans and Contributions)

2.1

1.2

0.9

Land Sales

68.5

86.1

+ 17.6

Colonial Development and Welfare Grants

0.4

0.4

World Refugee Year Grants

6.8

3.6

3.2

Loans from U.K. Government

Total Revenue

913.7

1,019.7

+106.0

Comparative analyses of the revised estimate 1961-62 and the estimate 1962-63:-

Revised

estimate

Estimate 1962-63

Difference

1961-62

SM

$M

$M

Duties

174.8

185.8

+11.0

Rates

116.6

128.6

+12.0

Internal Revenue (excluding capital duties)

295.4

306.3

+10.9

Licences and Franchises

51.3

55.4

+ 4.1

Fines and Forfeitures

4.9

4.8

0.1

Fees of Court or Office (excluding capital

receipts)

81.0

81.3

+ 0.3

Water Revenue

24.7

24.7

Post Office

80.2

64.1

- 16.1

Kowloon-Canton Railway

9.1

9.1

Revenue from Lands, Interest, Rents, etc.

71.4

71.1

-

0.3

Total Recurrent Revenue

909.4

931.2

+21.8