ENG-1999 — Page 557

APPENDICES

APPENDIX 13

(Chapter 4: The Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

$ Million

Revenue

Actual

1997-98

Actual 1998-99

Revised Estimate 1999-2000

Operating Revenue

Direct taxes

Earnings and profits tax (1)

91,524

75,746

65,350

Indirect taxes

Duties

8.465

7,698

7.413

General rates

6,258

3,614

6,855

Internal revenues (2)

44,263

23,404

22,403

Motor vehicle taxes

4,246

2,237

2,554

Royalties and concessions

1,889

1,286

1,557

Other revenue

Fines, forfeitures and penalties

1,566

1.333

1,084

Properties and investments

7,159

8,335

6,817

Reimbursements and contributions

6,042

6,517

5,454

Utilities-

Airport and air services.

3,968

1,087

Ferry terminals

264

198

187

Postal services

53

Water

2,450

2,415

2,385

Sewage services

700

690

Fees and charges

11,279

10,565

10,823

Interest

8,976

21,568

15,664

Land Fund-Investment income

6,006 #

10,080 #

22,750

Total Operating Revenue

204,408

176,783

171,986

Capital Revenue

Direct taxes

Estate duty

Indirect taxes

1,588

1,237

1,250

Taxi concessions

23

Other revenue

Land transactions

17,864

Miscellaneous

2,264

2,453

2,071

Funds

Capital Works Reserve Fund (Land sales and interest)

48,067 *

25,686

38,387

Capital Investment Fund

3.888

6,329

2,669

Civil Service Pension Reserve Fund

647

1,091

1,128

Disaster Relief Fund

2

3

4

Innovation and Technology Fund

242

Loan Fund

Total Capital Revenue

Total Government Revenue

2,475

2,533

11,585

76,818

39,332

57,336

281,226

216,115

229,322

479