 |
 |
Forecast of State Revenues and Borrowing in Fiscal Year 1998
(NIS Thousands)
1998 Draft Budget |
||
1. |
Grand Total |
207,377,617 ======= |
Part A: |
Current revenues |
149,240,590 |
Part B: |
Revenues from borrowing and capital account |
56,637,027 |
Part C: |
Revenues from Bank of Israel |
1,500,000 |
Part A: |
Current revenues |
149,240,590 |
Taxes and compulsory payments |
124,400,000 ----------------- |
|
Income and property taxes |
67,750,000 ---------------- |
|
001 |
Income tax |
58,070,000 |
002 |
Value Added Tax on nonprofit |
|
and financial institutions |
4,680,000 |
|
003 |
Land betterment tax |
1,180,000 |
004 |
Real-estate purchase tax |
1,350,000 |
005 |
Property tax |
910,000 |
007 |
Payroll tax |
1,560,000 |
Taxes on expenditure |
56,650,000 ---------------- |
|
011 |
Customs and import levies |
1,310,000 |
012 |
Value Added Tax, including VAT on defense imports |
35,760,000 |
013 |
Purchase tax |
8,850,000 |
015 |
Excise |
950,000 |
018 |
Fuel tax |
5,620,000 |
020 |
Stamp tax |
860,000 |
024 |
Motor vehicle fees |
1,850,000 |
025 |
Other fees and licenses |
1,450,000 |
Forecast of State Revenues and Borrowing in Fiscal Year 1998 (Cont.)
(NIS Thousands)
1998 Draft Budget |
||
Interest and profit |
3,180,000 --------------- |
|
034 |
Foreign-exchange interest |
430,000 |
035 |
Interest collected |
2,750,000 |
037 |
Interest from business enterprises |
|
Royalties |
1,676,100 -------------- |
|
042 |
Royalties from business enterprises |
1,100 |
043 |
Royalties on natural resources |
65,000 |
044 |
Royalties from government companies |
750,000 |
045 |
Dividends from government companies |
860,000 |
Miscellaneous revenues |
3,550,000 -------------- |
|
046 |
Reimbursements on account of previous years' budgets |
520,000 |
047 |
Revenues from miscellaneous services |
1,100,000 |
050 |
Use fees for government properties |
150,000 |
048 |
Earmarked revenue in excess of estimate |
180,000 |
049 |
BOI profits liquidated |
1,600,000 |
Transfer from Part B |
16,434,490 ---------------- |
|
Part B: |
Revenues from Loans and Capital Account |
56,637,027 |
Repayment of Government investments and
loans |
6,615,000 -------------- |
|
051 |
Collection of principal |
5,300,000 |
053 |
Collection of principal in foreign exchange |
100,000 |
063 |
Revenue from Israel Lands Administration |
1,215,000 |
Pension and compenstation provisions |
44,000 ----------- |
|
071 |
Provisions of economic units |
11,000 |
072 |
Provisions of business enterprises |
11,000 |
073 |
Pension provisions-companies |
22,000 |
Forecast of State Revenues and Borrowing in Fiscal Year 1998 (Cont.)
(NIS Thousands)
1998 Draft Budget |
||
Capital gains |
4,300,000 -------------- |
|
075 |
Sale of companies and banks |
4,300,000 |
Domestic loans |
41,062,517 --------------- |
|
081 |
Loans from National Insurance Institute |
6,600,000 |
082 |
Income from issues and deposits |
34,462,517 |
Loans and grants from overseas |
21,050,000 ---------------- |
|
900 |
Israel Bonds |
3,136,500 |
901 |
Less distribution expenses |
-184,500 |
Loans and grants from the U.S.: |
||
902 |
- Defense assistance |
6,642,000 |
904 |
- Civilian assistance |
4,428,000 |
906 |
Load from Germany |
|
908 |
Other loans |
7,028,000 |
Transfer to Part A |
-16,434,490 ----------------- |
|
Part C: |
Revenues from the Bank of Israel |
1,500,000 |
Advance for financing of debt to Bank of Israel |
1,500,000 |
|
2. |
Total advances from Bank of Israel |
1,500,000 ====== |
For financing of debt to Bank of Israel |
1,500,000 |
|
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