ENG-1985 — Page 382

300

Appendix 9

(Chapter 3: The Economy)

Comparative Statement of Recurrent and Capital Income and Expenditure

301

Income

Actual

1983-84

Actual 1984-85

$ Million

Estimate 1985-86

$ Million

Expenditure

Actual

Actual

Estimate

1983-84

1984-85

1985-86

Recurrent Account

Earnings and profits tax

Recurrent Account

Direct taxes

Indirect taxes

Duties

General rates

Internal revenue (Note (a))

Motor vehicle taxes

Royalties and concessions

Personal Emoluments

8.334.8

9,602.6

10,066.2

11.422.9

13,515.2

14,675.0

Personnel Related Expenses

1.880.7

2.148.6

2,352.7

2.583.6

2.343.6

3,149.0

1.155.5

1,222.2

1,760.0

3.184.5

4,049.0

4,942.0

Departmental Expenses

Other Charges

2.742.3

2,829.3

3.246.9

316.3

349.7

400.0

269.7

358.6

355.3

Additional Commitments

Defence Costs Agreement

1,700.0

1.172.8

1,247.8

1,379.4

Other revenue

Fines, forfeitures and penalties

343.1

365.5

396.0

Revenue from properties and investments

2.638.3

2,395.0

2,250:0

Reimbursements and contributions

831.4

1,021.0

1,061.8

Public Debt

Other

Subventions

Education

29.3

79.1

132.8

2.794.9

3.080.4

3,204.6

3,270.3

3,762.1

3,985.1

Medical

813.7

941.3

987.3

Utilities---

Airport and air services

690.6

753.4

804.8

Miscellaneous

325.2

374.3

472.9

Car parks

Government quarries

Postal services

Tunnels

Water

Fees and charges (Note (b))

69.3

4.8

4.9

Social Welfare

321.8

374.6

420.0

52.4

57.1

58.0

University and Polytechnic Grants Committee

1.009.3

1,325.3

1,476.8

656.9

751.6

891.0

Vocational Training Council

180.9

226.2

260.0

48.2

71.7

103.0

Transfer to Capital Account

4,374.6

4.589.6

5,186.5

575.4 2.412.5

682.6

836.4

2.640.2

3,184.0

27,250.6

30,581,2

34,871,2

27.250.6

30,581.2

34,871.2

Capital Account

Direct taxes

Estate duty

Indirect taxes

Taxi concessions

315.8

300.4

300.0

Capital Account

Plant, Equipment and Works

191.5

119.7

40.0

Other Non-Recurrent

Other revenue

Land transactions

2.267.1

4,267.2

1,700.0

Defence Costs Agreement Other

Additional Commitments

Public Debt

80.8 546.3

75.0

113.0

443.2

470.8

100.0

39.1

42.9

54.1

Donations and grants

111.5

51.0

80.0

Repayments of loans and advances

13.2

18.5

10.0

Proceeds from the issue of bonds

1,004.5

Other (Note (c))

250.0

400.0

Other

Subventions

Education

209.6

168.6

63.0

114.9

161.8

190.8

Transfer from Revenue Account

4,374.6

4.589.6

5,186.5

Medical

98.6

62.8

142.6

Miscellaneous

15.5

71.2

15.8

Deficit

2.993.4

559.2

960.4

Social Welfare

11.4

9.1

1.2

University and Polytechnic Grants Committee

150.2

200.5

222.4

Vocational Training Council

70.7

169.4

173.2

Transfers to Funds

Capital Works Reserve Fund

7.700.0

7,757.5

5,800.0

Development Loan Fund

1.400.0

1,305.0

1,300.0

Mass Transit Fund

40.0

408.1

Student Loan Fund

40.0

35.0

30.0

10,517.1

10,910.1

8,676.9

10,517.1

10,910.1

8,676.9

Notes: (a) Comprising taxes on bets and sweeps, entertainments, hotel accommodation, air passenger departures. Cross Harbour Tunnel passages and

stamp duties.

(b) From 1984-85 onwards, Fees and charges includes business registration fees.

(c) Includes $250 million transferred from the Exchange Fund in 1983-84 and $400 million transferred from the Home Ownership Fund in

1985-86.