Estimates-1963 — Page 195

HEAD 4 · LICENCES AND FRANCHISES

Estimate 1962-63

Revised estimate 1961-62

Approved estimate 1961-62

$55,375,000

51,256,000

46,456,400

50,835,951

189

Actual revenue 1960-61

Both the revised estimate for 1961-62 and the estimate for 1962-63 show increases compared with the approved estimate for 1961-62. In the main the changes in licence revenue has arisen from variations in the licencing regulations while increased royalties are due to the prevailing level of business activity.

HEAD 5 - FINES AND FORFEITURES

Estimate 1962-63

Revised estimate 1961-62

Approved estimate 1961-62

Actual revenue 1960-61

$4,795,000

4,861,000

4,250,000

9,686,991

Both the revised estimate for 1961-62 and the estimate for 1962-63 show increases compared with the approved estimate for 1961-62, due mainly to increases in the numbers of court cases.

HEAD 6— FEES OF COURT OR OFFICE

Estimate 1962-63

Revised estimate 1961-62

Approved estimate 1961-62

Actual revenue 1960-61

$83,867,000

82,238,000

70,154,900

70,195,450

The estimate for 1962-63 shows an increase of $13,712,100 over the approved estimate for 1961-62 and an increase of $1,629,000 over the revised estimate for that year. Figures for each of the sub- heads under this Revenue Head are given below:-

Fees

Subhead

Approved Estimate 1961-62

Revised Estimate

Estimate

1962-63

1961-62

Remarks

$28,888,700 $39,333,000 $39,178,000 (1) Air services account for

$3,000,000 of the in- crease due to:-

(a) increase in air traffic; (b) completion of the Permanent Terminal Building;

(c) operation of airport

on a 24-hour basis. |(2) Schools account for $1,800,000 due to revi- sion of school fees. |(3) Buildings Ordinance ac- counts for $5,000,000 due to increases in revenue from fees for projection of balconies over public streets and the continuing pro- gramme of construction of large buildings. (4) The estimate for conser

vancy charges has been reduced by $2,250,000 in expectation of these charges being abolished during the year.

Receipts

7,064,900

8,264,000

Reimbursements

13,910,700

16,023,000

9,286,000

15,290,000

Sales

18,223,500

17,456,000

17,556,000

Contributions

2,067,100

1,162,000

2,557,000

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