ENG-1982 — Page 369

286

Appendix 9

(Chapter 3: Financial System and Economy)

Comparative Statement of Recurrent and Capital Income and Expenditure

Income

Actual

1980-81

Actual 1981-82

$ Million

Estimate 1982-83

Direct taxes

Indirect taxes

Duties

General rates

Recurrent Account

Earnings and profits tax

Recurrent Account

Personal emoluments

7,964.6

10,566.6

11,216.0

Departmental recurrent expenditure

917.4

937.0

986.5

986.1

1,050.9

691.3

Internal revenue (Note 1)

2,961.9

3,275.6

3,105.0

Public Works Recurrent

Subventions

Motor vehicle taxes

Royalties and concessions

423.3

483.8

492.3

128.3

200.2

230.0

University and Polytechnic Grants Committee

Defence

Other revenue

Fines, forfeitures and penalties

213.0

291.1

301.3

Pensions

Revenue from properties and investments

2,286.3

3,564.9

4,424.0

Reimbursements and contributions

321.1

363.9

419.5

Public Debt

Utilities-

Miscellaneous

Airport and air services

461.3

$60.4

614.9

Government quarries

Car parks

Kowloon-Canton Railway

Postal services

Tunnels

51.3

63.4

69.1

Transfer to Capital Account

35.8

56.9

50.0

76.3

78.6

115.1

Surplus

388.4

488.5

522.9

16.1

21.1

46.3

Water

362.2

387.1

359.6

Fees and charges (Note 2)

1,358.2

1,623.6

1,664.4

18,951.6

24,013.6

25,308.2

287

$ Million

Expenditure

Actual

Actual

Estimate

1980-81

1981-82

1982-83

4,670.6

6,026.2

6,653.7

1,741.3

2,525.1

3,788.4

739.0

1,162.5

1,257.8

2,633.1

3,258.7

3,791.9

580.5

745.5

841.9

618.9

1,206.6

1,314.8

423.7

600.5

606.7

34.8

21.3

26.5

477.2

748.5

1,184.3

335.7

1,184.0

3,059.4

6,696.8

6,534.7

2,782.8

18,951.6

24,013.6

25,308.2

Capital Account

Capital Account

Direct taxes

Estate duty

Indirect taxes

Taxi concessions

251.4

315.9

Public Works Programme (other than New Towns and Housing)

238.0

Buildings

333.4

481.4

Engineering

1,244.3

1,875.1

287.9

208.3

177.8

Waterworks

192.1

389.2

Other revenue

Land transactions

10,769.8

9,676.5

12.452.0

Donations and grants

55.3

125.8

Public Works Programme (New Towns and Housing) Land Acquisitions

1,385.8

2,295.4

636.2

1,897.1

Repayments of loans and advances

15.3

43.3

3.6

Transfer to Capital Works Reserve Fund

11,000.0

Sale of Associated Properties Limited shares

14.3

Transfer to Development Loan Fund for Housing Authority

1,831.0

2,114.0

2,432.0

Deficit on Capital Account met by transfer from Revenue Account

335.7

1,184.0

3,059.4

Transfer to Home Ownership Fund

80.0

332.0

wwwwwwww

Subventions

144.8

207.5

373.9

University and Polytechnic Grants Committee

237.1

148.9

263.9

Departmental special expenditure

247.0

373.8

563.8

Defence Costs Agreement: Capital works

18.0

55.6

153.2

;

Defence: Miscellaneous Measures

Other Transfers

Development Loan Fund Emergency Relief Fund Mass Transit Fund Student Loan Fund

Public Debt

Miscellaneous

912.5

207.4

426.4

400.0

7.9

10.8

4.0

3,539.6

437.0

36.5

65.2

104.1

277.1

81.3

23.2

151.1

511.6

712.1

11,674.4

11,483.3

16,056.6

11,674.4

11,483.3

16,056.6

Note:

1. Comprising taxes on bets and sweeps, entertainment, hotel accommodation and stamp duties. 2. Including business registration fees.