STATEMENT II

COMPARATIVE SUMMARY OF CURRENT AND RELATED REVENUES
1998-99 and 1997-98 Revised
1998-99 1997-98
Estimates Revised

($000)

($000)

PROVINCIAL:

Taxation:

Personal Income Tax

      627,040

      543,870

Sales Tax

      450,000

      444,860

Gasoline Tax

      119,500

      119,000

Payroll Tax

       73,100

       69,600

Tobacco Tax

       69,000

       67,000

Corporate Income Tax

       77,900

       78,069

Natural Resources Taxes and Royalties

       29,825

       26,700

Other

       28,915

       28,320

    1,475,280

    1,377,419

General Revenues:

Newfoundland Liquor Corporation

       81,200

       81,200

Lottery Revenues

       78,000

       78,000

Vehicle and Driver Licences

       49,490

       50,500

Registry of Deeds, Companies and Securities

       11,600

       11,525

Fines and Forfeitures

        6,280

        6,305

Other

       24,381

       30,935

      250,951

      258,465

Expenditure Programs - Related Revenues:

Recoveries - Sinking Fund Surpluses

       10,300

       11,700

Interest Income

       11,056

       15,927

Other

      143,725

       91,244

      165,081

      118,871

TOTAL: PROVINCIAL REVENUES

    1,891,312

    1,754,755

GOVERNMENT OF CANADA:

Fiscal Transfer Payments:

Equalization Payments

      896,000

      995,764

Canada Health and Social Transfer (CHST)

      272,100

      280,000

Sales Tax Transitional Assistance

      127,000

      127,000

Term 29 Award

       40,000

       40,000

Public Utilities Income Tax Transfer Act (PUITTA)

           -

        (742)

Statutory Subsidies

        1,754

        1,754

    1,336,854

    1,443,776

Cost Shared Programs:

Resource

       19,726

       16,259

Offshore Fund

        4,946

        4,067

Human Resources Development

        6,785

        7,660

Native Peoples

        6,199

        6,096

Other

       23,873

       19,783

       61,529

       53,865

TOTAL: GOVERNMENT OF CANADA REVENUES     

     1,398,383

    1,497,641

TOTAL: CURRENT AND RELATED REVENUES      3,289,695

    3,252,396


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