Estimates-1964 — Page 198

PART I — EXPLANATORY NOTES ON REVENUE ESTIMATES

Estimate 1963-64

Revised estimate 1962-63

Approved estimate 1962-63

Actual revenue 1961-62

Actual revenue 1960-61

GENERAL

$1,197,065,000

1,207,697,000

1,062,500,000

1,030,447,880

859,234,131

Comparative analyses of the approved and the revised estimates, 1962-63:-

Approved Revised

estimate

estimate

Difference

1962-63

1962-63

$M

$M

SM

Duties

185.8

196.3

+ 10.5

Rates

128.6

129.4

+ 0.8

Internal Revenue (excluding capital duties)

306.3

319.0

+ 12.7

Licences and Franchises

55.4

56.6

+ 1.2

Fines and Forfeitures

4.8

5.1

+

0.3

Fees of Court or Office (excluding capital

receipts)

81.3

89.5

+ 8.2

Water Revenue

24.7

23.8

―

0.9

Post Office

64.1

77.5

+ 13.4

Kowloon-Canton Railway

9.1

9.3

+ 0.2

Revenue from Lands, Interest, Rents, etc.

71.1

87.4

+ 16.3

Total Recurrent Revenue

931.2

993.9

+ 62.7

Internal Revenue (Estate and Excess

Stamp Duties)

20.0

24.0

+ 4.0

Fees of Court or Office (Repayments of

Loans and Contributions)

2.6

Land Sales

106.0

4.7

185.0

+ 2.1

+ 79.0

Colonial Development and Welfare Grants World Refugee Year Grants

2.7

0.1

2.6

Total Revenue

1,062.5

1,207.7

+145.2

Comparative analyses of the revised estimate 1962-63 and the estimate 1963-64:—

Revised

estimate

Estimate 1963-64

Difference

1962-63

$M

$M

$M

Duties

196.3

203.4

+ 7.1

Rates

129.4

141.1

+ 11.7

Internal Revenue (excluding capital duties)

319.0

326.4

+ 7.4

Licences and Franchises

56.6

60.8

+ 4.2

Fines and Forfeitures

5.1

4.8

0.3

Fees of Court or Office (excluding capital

receipts)

89.5

93.2

+ 3.7

Water Revenue

23.8

25.6

+ 1.8

Post Office

77.5

69.1

8.4

Kowloon-Canton Railway

9.3

9.4

+ 0.1

Revenue from Lands, Interest, Rents, etc.

87.4

91.4

+ 4.0

Total Recurrent Revenue

993.9

1,025.2

+ 31.3