ENG-1991 — Page 465

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APPENDICES

APPENDIX 10

(Chapter 5: The Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

Revenue

Actual 1989-90

Actual 1990-91

$ Million

Revised

Estimate

1991-92

Operating Revenue

Direct taxes

Earnings and profits tax

Indirect taxes

Duties

General rates

33,549

36,341

44,343

4,628

5,729

6,931

1.663

3,039

3,560

Internal revenue (Note 1)

11,558

13,143

17,649

Motor vehicle taxes

1,735

2,054

2,769

Royalties and concessions

746

816

864

Other revenue

Fines, forfeitures and penalties

578

652

739

Properties and investments

2,337

1,341

1,556

Reimbursements and contributions

1,705

2,172

2,723

Utilities

Airport and air services

1,475

1,774

2,083

Car parks

2

Ferry terminals

148

177

225

Government quarries

19

21

Postal services

Tunnels

Water

Fees and charges

Interest

Total Operating Revenue

Capital Revenue

Direct taxes

Estate duty

Indirect taxes

Taxi concessions

1,648

1,777

2,197

165

289

289

1,400

1,579

1,816

5,132

5,992

7,004

4,942

4,505

2,771

73,430

81,401

97,520

490

656

650

208

136

191

Other revenue

Land transactions

212

241

396

Repayment of loans, donations and other receipts

25

Miscellaneous

240

86

Funds

Capital Works Reserve Fund (Land sales and interest)

7,457

4,002

9,091

Development Loan Fund

518

Student Loan Fund

89

Capital Investment Fund

2,341

2,315

Loan Fund

506

571

Total Capital Revenue

8,999

8,122

13,300

Net borrowing

1,200

Total Government Revenue

82,429

89,523

112,020

Note 1: Including bets and sweeps tax, entertainment tax, hotel accommodation tax, air passenger departure tax, Cross Harbour Tunnel passage tax and

stamp duties.

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