ENG-1992 — Page 479

APPENDICES

APPENDIX 10

(Chapter 5: The Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

$ Million

Revenue

Revised

Actual 1990-91

Actual

Estimate

1991-92

1992-93

Operating Revenue

Direct taxes

Earnings and profits tax

Indirect taxes

Duties

General rates

Internal revenue§

Motor vehicle taxes

36,341

44,870

55,831

5,729

6,844

7,183

3,039

3,494

4,360

13,143

18,406

22,967

2,054

3,437

4,956

Royalties and concessions

816

886

1,105

Other revenue

Fines, forfeitures and penalties

652

885

864

Properties and investments

1,341

1,572

1,715

Reimbursements and contributions

2,172

2,777

3,855

Utilities-

Airport and air services

1,774

2,106

2,373

Ferry terminals

177

218

245

Government quarries

21

1

Postal services

1,777

2,198

2,421

Tunnels

289

302

210

Water

1,579

1,825

1,893

Fees and charges

5,992

7,170

7,993

Interest

4,505

2,982

1,866

Total Operating Revenue

81,401

99,973

119,837

Capital Revenue

Direct taxes

Estate duty

Indirect taxes

656

683

1,000

Taxi concessions

136

302

Other revenue

Land transactions

241

412

245

Miscellaneous

240

86

186

Funds

Capital Works Reserve Fund (Land sales and interest) Capital Investment Fund

4,002

9,074

9,018

2,341

2,468

2,358

Loan Fund

506

603

702

Total Capital Revenue

8,122

13,628

13,509

Net borrowing

1,098

2,300

Total Government Revenue

89,523

114,699

135,646

Note:

420

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

and stamp duties.