ENG-2008 — Page 529

Appendices ❘ 449

Expenditure

HK$ Million

Revised

Actual

Actual

2003-2004

2007-2008

estimate 2008-2009

Operating Expenditure

Recurrent expenditure

Personal emoluments

49,263

46,658

50,026

Personnel related expenses

4,881

3,694

3,644

Pensions

13,482

14,736

15,916

Departmental expenses

15,073

18,079

19,401

Other charges

34,628

37,164

42,180

Subventions-

Education

25,798

26,518

28,890

Health

29,112

29,241

31,122

Social welfare

6,922

6,908

8,060

Universities

12,904

11,534

11,717

Vocational Training Council

1,926

1,631

1,771

Miscellaneous

3,302

3,283

3,123

Non-recurrent

5,943

5,288

44,141

Total Operating Expenditure

203,234

204,734

259,991

Capital Expenditure

General Revenue Account

Plant, equipment and works

764

1,033

1,181

Capital subventions

1,022

1,252

1,327

Funds

Capital Works Reserve Fund

34,486

23,065

47,920

Disaster Relief Fund

16

272

345

Innovation and Technology Fund

471

483

659

Loan Fund

2,181

3,053

2,492

Lotteries Fund

1,039

823

942

Total Capital Expenditure

39,979

29,981

54,866

Total Government Expenditure

243,213

234,715

314,857

Equity Investments (Capital Investment Fund)

4,253

100

209

Repayment of bonds and notes

2,700

Total Government Spending

247,466

234,815

317,766