ENG-1977 — Page 313

244

Appendix 9

(Chapter 3: Financial Structure)

ין

245

Comparative Statement of Recurrent and Capital Income and Expenditure

Actual

Actual

Actual 1975-6

Actual 1976-7

Estimate 1977-8

1975-6

1976-7

$ Million

Estimate 1977-8

Recurrent Account

Recurrent Account

Personal emoluments

1781.5

2135.0

2421.0

Direct taxes

Earnings and profits tax

2234-0

2 698-7

2926-0

Departmental recurrent expenditure

781.2

793.8

991.3

Indirect taxes

Public Works Recurrent

277.4

287-1

360.4

Duties

558-3

680-7

.730-1

Subventions

949.5

1121-7

1 295.5

General rates

534-4

618-7

721-0

Internal revenue (note 1)

571-5

730-3

762-0

University and Polytechnic Grants Committee

216.8

255.4

293.9

Motor vehicles taxes

48-8

102.0

120-0

Defence

51-4

194-8

252.6

Franchises

50-9

51.3

57-9

Airport concessions

50-7

61.8

60-0

Pensions

165.8

193.9

229.1

Other revenue

Miscellaneous

226.5

241.7

392.5

Fines, forfeitures and penalties

54-7

70-5

73-5

Transfer to Capital Account

906-0

723.4

1073.3

Licences (note 2)

218-7

237-0

267-4

Fees and receipts

Surplus

487-3

902.6

29.3

339-0

417-4

459-4

Revenue from properties and investments

411-5

322-9

289-8

Reimbursements

130-7

140-0

142.0

Water

187-3

222-2

250-2

Postal services

250-5

288-0

249.7

Airport and air services

167.8

175.2

186-6

Kowloon-Canton Railway

34-6

32-7

43-3

5 843-4

6849.4

7338.9

5843-4

6849-4

7338-9

Capital Account

Direct taxes

Estate duty

Indirect taxes

Taxi concessions

Other revenue

Capital Account

Public Works Programme (other than New Towns and

Housing)

64.6

85.2

88-0

Building

116-4

143.7

226.8

Engineering

308.8

254.9

369.2

110-0

Waterworks

295-6

268.4

147.0

Public Works Non-recurrent: Headquarters

38.2

60.1

90.1

Land sales

345-9

Loan repayments

1-7

557-3 1.6

736-0

1.6

Public Works Programme (New Towns and Housing) Transfer to Development Loan Fund for Housing Authority

387-8

400.9

631.0

125.0

Loans and grants

263-9

Transfer to Home Ownership Fund

102.5

Deficit on Capital Account met by transfer from Revenus

Account

Other capital expenditure

906-0

723-4

1073-3

Subventions

44.3

32.1

88.3

University and Polytechnic Grants Committee

92.6

40.1

57.0

Departmental special expenditure

69.3

74.4

158.3

Defence Cost Agreement: Capital works

44.4

22.0

28.3

Miscellaneous (including public debt)

59.7

70.9

110-4

1582.1

1367.5

2008.9

1582-1

1367-5

2008-9

Nota: 1 Compriting taxes on bear and sweeps, entertainment, hotel accommodation and stamp duties,

2. Including business registration fear,