ENG-1993 — Page 513

APPENDICES

APPENDIX 10

(Chapter 5: The Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

$ Million

Revenue

Actual 1991-92

Actual

Revised Estimate

1992-93

1993-94

Operating Revenue

Direct taxes

Earnings and profits tax

Indirect taxes

Duties

General rates

Internal revenue§

Motor vehicle taxes

44,870

55,061

65,150

6,844

7,216

7.154

3,494

4.423

4,425

18,406

23,012

29,335

3,437

4,940

4,045

Royalties and concessions

886

1,136

1,366

Other revenue

Fines, forfeitures and penalties

885

892

1,073

Properties and investments

1,572

1,821

2,027

Reimbursements and contributions

2,777

3,798

3,765

Utilities—

Airport and air services

2,106

2,373

2,770

Ferry terminals

218

251

288

Government quarries

1

Postal services

2,198

2,428

2,557

Tunnels

302

211

Water

1,825

1,911

2,257

Fees and charges

7,170

8,015

8,534

Interest

2,982

1,767

3,280

Total Operating Revenue

99,973

119,255

138,026

Capital Revenue

Direct taxes

Estate duty

Indirect taxes

683

1,025

1,000

Taxi concessions

302

Other revenue

Land transactions

412

267

242

Miscellaneous

86

234

2,702

Funds

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

9,074

8,957

19,072

2,468

2,368

2,577

Loan Fund

603

686

793

Total Capital Revenue

Net borrowing

Total Government Revenue

13,628 1,098

114,699

13,537

26,386

2,519

135,311

164,412

Note:

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

and stamp duties.

449

450