ENG-1974 — Page 312

228

Appendix !

(Chapter 3: Financial structure)

Comparative Statement of Recurrent and Capital Income and Expenditure

Recurrent Account

Duties

Rates

Internal revenue

Motor vehicle taxes

Fines, forfeiture and penalties

Licences

Franchises

Fees and receipts

Revenue from properties and investments

Water

Postal services

Airport and air services

Kowloon-Canton Railway

Reimbursements

Capital Account

Estate duty

Taxi concession

Land sales

:

:

:

:

Actual 1972-3

Actual 1973-4

Estimate 1974-5

Recurrent Account

471.4

388.7

441.7

568.6 Personal emoluments...

368.9

1,892.7

2,219.3

2,270.5

57.0

46.4

67.0

417.8 Departmental recurrent expenditure (excluding unallocated

stores)

Public Works recurrent

:

:

42.3

54.4

69.3

Subventions

:

98.7

110.6

179.2

University and Polytechnic grants

Defence

35.4

34.2

50.8

::

Pensions

252.5

250.4

287.2

Miscellaneous

418.2

403.2

442.2

:

148.3

171.9

194.9

Transfer to Capital Account

173.8

173.6

183.7

Surplus...

122.3

155.0

194,8

22.8

24.5

37.3

51.0

320.3

372.5

4,175.1

4,774.4

5,335.8

Contributions towards projects

Loan repayments

:

:

Deficit on Capital Account met by transfer from Revenue

Account

Capital Account

40.3

50.1

34.0 Capital works

38.7

84.8

Buildings

669.5

318.6

459.0

Engineering

5.1

10.3

12.4

Waterworks

7.6

2.6

3.6

Miscellaneous

838.7

1,246.5

1,323.9

:

229

$ Million

Actual

Actual

1972-3

1973-4

Estimate 1974-5

1,242.9

1,561.4

1,676.2

396.0

498.1

674.8

198.3

224.1

235.3

550.5

742.2

843.0

93.2

159.1

138.5

56.4

56.3

60.0

97.0

116.7

123.0

65.4

98.4

163.1

838.7

1,246.5

1,323.9

636.7

71.6

98.0

::

:

:

:

::

:

::

:

::

:

:

Departmental special expenditure

Capital subventions

-

...

Special works and purchases for the Armed Services

University and Polytechnic grants

Contribution to Mass Transit Fund

Miscellaneous (including public debt)

Transfer to Development Loan Fund

1,599.9

1,712.9

1,832.9

Note: From April 1, 1973 revenue and expenditure exclude those transferred to the Hong Kong Housing Authority and the

iban Council.

4,175.1

4,774.4

5,335.8

207.7

251.0

253.4

267.7

391.9

579.4

266.3

371.3

387.8

31.6

133.9

187.6

62.0

50.1

118.1

41.9

73.7

95.0

50.8

32.2

33.7

28.7

25.6

25.5

500.0

300.0

143.2

83.2

101.9

50.5

1,599.9

1,712.9

1,832.9