Annual report / State of Brunei.

Date:: [1955]

Catalogue details

Licence: Public Domain Mark

Credit: Annual report / State of Brunei. Source: Wellcome Collection.

40/254 page 24

PUBLIC FINANCE AND TAXATION Revenue and Expenditure: THE surplus of Revenue over Expenditure, other than Develop¬ ment Expenditure, for the year 1955 was $73,735,464 compared with $72,674,509 in 3 954 and $76,329,946 in 1953. Revenue and Expenditure figures for the years 1953, 1954 and 1955 are given below: — Revenue Expenditure Surplus $ $ $ 1953 98,976,643 22,646,697 76,329,946 1954 96,035,394 23,360,885 72,674,509 1955 102,669,423 28,933,959 73,735,464 Development Expenditure during 1955 amounted to $14,068,315 bringing total expenditure to $43,002,274 or almost $720 per head of population. Revenue: Details of revenue collected during 1955 are given below. The 1953 and 1954 figures are also shown for comparison: — 1953 1954 1955 $ $ $ Duties, Licenses & Taxes 65,293,794 58,845,608 54,225,597 Fees of Court etc. ... 205,907 373,275 432,545 Government Undertakings 516,785 694.881 4,036.163 Revenue from Government Property . 25,688,983 26,811,723 31.896,451 Interest ... 6,640,452 8,747,719 11,176,716 Miscellaneous . 501,313 418,838 552,892 Land Sales . 129,409 143,350 349,059 $98,976,643 $96,035,394 $102,669,423

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