PART I-EXPLANATORY NOTES ON REVENUE ESTIMATES
Estimate 1964-65
Revised estimate 1963-64
Approved estimate 1963-64
Actual revenue 1962-63
Actual revenue 1961-62
GENERAL
$1,381,695,700
1,354,133,000
1,197,065,000
1,253,064,583
1,030,447,880
Comparative analyses of the approved and the revised estimates, 1963-64:-
Approved Revised
estimate
estimate
Difference
1963-64
1963-64
$M
$M
$M
Duties
203.4
222.5
+ 19.1
Rates
141.1
141.9
+ 8
Internal Revenue (excluding capital duties)
326.4
374.5
+48.1
Licences and Franchises
60.8
66.5
+ 5.7
Fines and Forfeitures
4.8
7.4
+ 2.6
Fees of Court or Office (excluding capital
receipts)
93.2
104.1
+ 10.9
Water Revenue
25.6
14:4
11.2
Post Office
69.1
72.2
+ 3.1
Kowloon-Canton Railway
9.4
9.8
+ 0.4
Revenue from Lands, Interest, Rents, etc.
91.4
107.0
+ 15.6
Total Recurrent Revenue
1,025.2
1,120.3
+ 95.1
Internal Revenue (Estate and Excess
Stamp Duties)
20.0
31.0
+ 11.0
Fees of Court or Office (Repayments of
Loans and Contributions)
2.1
9.8
+ 7.7
Land Sales
146.4
190.2
+ 43.8
Colonial Development and Welfare Grants
0.6
+
0.6
World Refugee Year Grants
3.4
2.2
1.2
Total Revenue
1,197.1
1,354.1
+157.0
195
Comparative analysis of the revised estimate 1963-64 and the estimate 1964-65 (allowing for the transfer of certain items between Heads, as noted in the relevant paragraphs relating to individual Heads):—
Revised
estimate
Estimate 1964-65
Difference
1963-64
SM
$M
$M
Duties
Rates
222.5
237.5
+ 15.0
142.0
156.1
+ 14.1
Internal Revenue (excluding capital duties)
374.5
398.1
+ 23.6
Licences and Franchises
64.8
68.7
+ 3.9
Fines and Forfeitures
7.4
6.0
1
1.4
Fees of Court or Office (excluding capital
receipts)
90.9
93.0
+ 2.1
Water Revenue
14.4
19.9
+ 5.5
Post Office
72.2
71.1
-
1.1
Kai Tak Airport and Air Services
17.7
18.9
+ 1.2
Kowloon-Canton Railway
9.8
9.8
Revenue from Lands, Interest, Rents, etc.
105.4
112.2
0.0 + 6.8
Total Recurrent Revenue
1,121.6
1,191.3
+ 69.7
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