 |
Forecast of State Revenues and Borrowing, 1996-1998
(Thousands of New shekels)
1998 |
1997 |
199 6Actual Budget |
||
1. |
Grand Total |
207,377,617 ======= |
189,953,447 ======= |
172,444,331 ======= |
Part A: |
current revenues |
149,240,590 |
138,112,673 |
124,257,298 |
Part B: |
revenues from loans and capital account |
56,637,027 |
50,382,774 |
45,167,078 |
Part C: |
revenues from Bank of Israel |
1,500,000 |
1,458,000 |
3,019,955 |
Part A: |
current revenues |
149,240,590 |
138,112,673 |
124,257,298 |
Taxes and obligatory payments |
124,400,000 ---------------- |
114,205,000 ---------------- |
95,838,616 ---------------- |
|
Income and property taxes |
67,750,000 ---------------- |
61,300,000 ---------------- |
50,795,658 ---------------- |
|
001 |
Income tax |
58,070,000 |
51,360,000 |
41,045,664 |
002 |
Value Added tax on nonprofit |
|||
and financial institutions |
4,680,000 |
4,390,000 |
5,210,500 |
|
003 |
Land Betterment tax |
1,180,000 |
1,270,000 |
1,210,155 |
004 |
Real-estate pruchase tax |
1,350,000 |
1,850,000 |
1,467,289 |
005 |
Propery tax |
910,000 |
1,040,000 |
820,764 |
007 |
Payroll tax |
1,560,000 |
1,390,000 |
1,041,286 |
Taxes on expenditure |
56,650,000 --------------- |
52,905,000 --------------- |
45,042,958 --------------- |
|
011 |
Tariffs and import duties |
1,310,000 |
1,200,000 |
1,060,268 |
012 |
VAT, including VAT on defense imports |
35,760,000 |
33,305,000 |
28,446,888 |
013 |
Purchase tax |
8,850,000 |
8,870,000 |
7,672,030 |
015 |
Excise tax |
950,000 |
940,000 |
737,283 |
018 |
Fuel tax |
5,620,000 |
5,170,000 |
4,158,959 |
020 |
Stamp tax |
860,000 |
580,000 |
750,718 |
024 |
Motor vehicle fees |
1,850,000 |
1,570,000 |
1,087,390 |
025 |
Other fees and licenses |
1,450,000 |
1,270,000 |
1,129,422 |
Forecast of State Revenues and Borrowing, 1996-1998 (Cont.)
(Thousands of New shekels)
1998 |
1997 |
199 6Actual Budget |
||
Interest and profits |
3,180,000 --------------- |
2,840,000 --------------- |
2,464,797 --------------- |
|
034 |
Foreign-exchange interest |
430,000 |
390,000 |
241,074 |
035 |
Interest collected |
2,750,000 |
2,450,000 |
2,223,723 |
Royalties |
1,676,100 --------------- |
1,611,100 --------------- |
1,134,158 --------------- |
|
042 |
Royalties from business enterprises |
1,100 |
1,100 |
29 |
043 |
Royalties on natural resources |
65,000 |
70,000 |
44,820 |
044 |
Royalties from Government companies |
750,000 |
740,000 |
554,337 |
045 |
Dividends from Government companies |
860,000 |
800,000 |
534,972 |
Miscellaneous revenues |
3,550,000 --------------- |
1,570,000 --------------- |
2,234,538 --------------- |
|
046 |
Reimbursements on account of |
520,000 |
60,000 |
98,398 |
047 |
Revenues from miscellaneous services |
1,100,000 |
550,000 |
433,532 |
050 |
Fees for use of government properties |
150,000 |
140,000 |
119,145 |
048 |
Earmarked revenue in excess of estimate |
180,000 |
180,000 |
140,463 |
049 |
Bank of Israel profits received |
1,600,000 |
640,000 |
1,443,000 |
Transfer from Part B |
16,434,490 --------------- |
17,886,573 --------------- |
22,585,189 --------------- |
|
Part B: |
Revenues from Loans and Capital Account |
56,637,027 |
50,382,774 |
45,167,078 |
Repayment of government investments and loans |
6,615,000 --------------- |
6,110,000 --------------- |
5,522,343 --------------- |
|
051 |
Collection of principal |
5,300,000 |
4,500,000 |
3,699,470 |
053 |
Collection of principal in foreign exchange |
100,000 |
100,000 |
108,000 |
063 |
Income from Israel Lands Administration |
1,215,000 |
1,510,000 |
1,714,873 |
Pension & compensation provisions |
44,000 --------------- |
43,000 --------------- |
32,403 --------------- |
|
071 |
Provisions of administrative units |
11,000 |
11,500 |
8,548 |
072 |
Provisions of business enterprises |
11,000 |
10,500 |
8,282 |
073 |
Pension provisions-corporations |
22,000 |
21,000 |
15,573 |
Forecast of State Revenues and Borrowing, 1996-1998(Cont.)
(Thousands of New shekels)
1998 |
1997 |
199 6Actual Budget |
||
Capital gains |
4,300,000 --------------- |
4,300,000 --------------- |
349,443 --------------- |
|
075 |
Sale of companies and banks |
4,300,000 |
4,000,000 |
349,443 |
076 |
Other capital gains |
300,000 |
||
Domestic borrowing |
41,062,517 --------------- |
35,571,347 --------------- |
39,376,205 --------------- |
|
081 |
Loans from National Insurance Institute |
6,600,000 |
6,871,811 |
5,370,000 |
082 |
Income from issues and deposits |
34,462,517 |
28,699,536 |
34,006,205 |
Loans and grants from overseas |
21,050,000 --------------- |
22,245,000 --------------- |
22,471,873 --------------- |
|
900 |
“Israel Bonds” |
3,136,500 |
2,932,500 |
3,114,215 |
901 |
Less distribution expenses |
-184,500 |
-172,500 |
-163,147 |
Loans and grants from the United States: |
||||
902 |
-- Defense |
6,642,000 |
6,555,000 |
5,969,944 |
904 |
-- Civilian aid |
4,428,000 |
4,140,000 |
7,015,506 |
906 |
Loan from Germany |
188,847 |
||
908 |
Other loans |
7,028,000 |
8,790,000 |
6,346,508 |
Transfer to Part A |
-16,434,490 --------------- |
-17,886,573 --------------- |
-22,585,189 --------------- |
|
Part C: |
Revenues from bank of Israel |
1,500,000 |
1,458,000 |
3,019,955 |
Advance for financing of debt to BOI |
1,500,000 |
1,458,000 |
3,019,955 |
|
2. |
Total advance payments from BOI |
1,500,000 ====== |
1,458,000 ====== |
3,019,955 ====== |
For financing of expenses |
||||
For financing of debt to BOI |
1,500,000 |
1,458,000 |
3,019,955 |
|