Revenue
8.07. Revenue collected by the department totalled $142,704,000 compared with $155,759,000 in the previous year. The following summary indicates the main revenue accounts concerning this Department and shows where the major increases and decreases occurred.
1965-66 $ 1966-67 $ Percentage Over/Under Crown Lands Sales 66,624,000 42,413,000 36.33 Under Crown Lands Fees 6,378,000 5,803,000 9.01 Under Water Account 50,704,000 68,938,000 35.96 Over Quarry Products 3,376,000 3,288,000 2.60 Under Building Ordinance (Balcony fees ($2,703,000) and Building Contractor's registration fees, etc.) 4,916,000 2,707,000 44.93 Under Other Receipts 23,761,000(1) 19,555,000(2) 17.70 Under 155,759,000 142,704,000Note: (1) Includes $6,052,000 Reimbursements: "Works executed on private accounts'. (2) Includes $6,490,000 Reimbursements: 'Works executed on private accounts'.
Works Executed on Private Account
Deposit Accounts
8.08. Developers requiring roads and drainage works to be carried out by this Department, are required to pay the estimated cost of such works in advance. All amounts so paid are placed in a specific deposit account which is cleared as the works are completed. The same procedure is followed for other works executed on private account. The total payments for 1966-67 amounted to $6,490,000. The balance of all deposit accounts as at 31st March, 1967 was $4,562,000.
General
8.09. The additional responsibilities arising from the Department taking over the maintenance of Services' property from the Ministry of Public Building and Works, led to a systems investigation by a Treasury Accountant made available by the Accountant General. The purpose of this investigation was to establish uniform works and accounting procedures for civil and military works and services.
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Revenue
8.07. Revenue collected by the department totalled $142,704,000 compared with $155,759,000 in the previous year. The following sum- mary indicates the main revenue accounts concerning this Department and shows where the major increases and decreases occured.
1965-66 $
1966-67 $
Percentage
Over
Under
Crown Lands Sales
Crown Lands Fees
66,624,000
42,413,000
36.33
6,378,000
5,803,000
9.01
Water Account
50,704,000
68,938,000
35.96
Quarry Products
3,376,000
3,288,000
2.60
Building Ordinance (Balcony
fees ($2,703,000) and Build-
ing Contractor's registration
fees, etc.)
4,916,000
2,707,000
44.93
Other Receipts
23,761,000(1)
19,555,000(2)
17.70
155,759,000
142,704,000
Note: (1) Includes $6,052,000 Reimbursements: "Works executed on private accounts'. (2) Includes $6,490,000 Reimbursements: 'Works executed on private accounts'.
Works Executed on Private Account
Deposit Accounts
8.08. Developers requiring roads and drainage works to be carried out by this Department, are required to pay the estimated cost of such works in advance. All amounts so paid are placed in a specific deposit account which is cleared as the works are completed. The same pro- cedure is followed for other works executed on private account. The total payments for 1966-67 amounted to $6,490,000. The balance of all deposit accounts as at 31st March, 1967 was $4,562,000.
General
8.09. The additional responsibilities arising from the Department taking over the maintenance of Services' property from the Ministry of Public Building and Works, led to a systems investigation by a Treasury Accountant made available by the Accountant General. The purpose of this investigation was to established uniform works and accounting pro- cedures for civil and military works and services.
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