Licences
Franchises
Total
HEAD 4 - LICENCES AND FRANCHISES
Estimate 1967-68
$83,245,000
Revised estimate 1966-67
94,462,000
Approved estimate 1966-67
85,247,000
Actual revenue 1965-66
82,934,990
Subhead
Approved Estimate
1966-67
Revised Estimate 1966-67
Estimate
1967-68
$45,643,000
39,604,000
$45,822,000
$44,148,000
48,640,000
39,097,000
$85,247,000
$94,462,000
$83,245,000
265
The increase of $9,215,000 in the revised estimate for 1966-67 is largely the result of the un- budgeted collection of $8,776,000 for Taxi Concessions. The decrease estimated for 1967-68 of $2,002,000 on the approved estimate for 1966-67 is due mainly to the reduction of radio licence fees from $20 to nil partly offset by an increase of $2,000,000 in revenue from vehicle licences.
HEAD 5— FINES, FORFEITURES AND PENALTIES
Estimate 1967-68
Revised estimate 1966-67 Approved estimate 1966-67
Actual revenue 1965-66
$9,000,000
8,257,000
8,680,000
8,804,455
Variations from the approved 1966-67 estimate of the revised 1966-67 and the 1967-68 estimates arise from receipts for 1966-67 from Fines being overestimated and from Penalties, underestimated. Charges in respect of vehicles towed away for being improperly parked are the principal items credited to Penalties.
HEAD 6- FEES OF COURT OR OFFICE
Estimate 1967-68
Revised estimate 1966-67
Approved estimate 1966-67
Actual revenue 1965-66
$128,220,000
121,912,000
127,624,000
114,403,568
The revised estimate for 1966-67 shows a decrease of $5,712,000 on the approved estimate but an increase of $6,308,000 is anticipated for 1967-68 bringing its estimate to $596,000 more than that approved for 1966-67. Totals for the subheads under this Head are:
Subhead
Approved Estimate 1966-67
Revised Estimate
1966-67
Fees
Receipts
Reimbursements
Sales
Total
Estimate 1967-68
$ 36,824,000
38,105,000
$ 40,971,000
$ 46,802,000
30,304,000
30,353,000
25,902,000
26,793,000
28,729,000
27,382,000
21,908,000
23,683,000
$127,624,000
$121,912,000
$128,220,000
The large increases in "Fees" are mainly attributable to the ad valorem charges from trade import and export declarations introduced in October 1966 and higher school fees but the subhead also covers a large fall in Building Ordinance revenue due to the decline in building development. "Receipts" are down on the 1966-67 approved estimate principally because of the slower rate of clearance of the advance to the Canton Trust & Commercial Bank Ltd. than expected which more than offsets the expanding revenue accruing from parking charges. Increased "Reimbursements" reflect the higher contributions recovered for pensions and Widows and Orphans pensions consequent upon the implementation of the 1965 Salaries Commission Report. Under "Sales" the decreases relate mainly to sand—again due to the lower level of building work and to a lower quantity of quarry products-production at the quarry being affected by the inclement weather in 1966-67.
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