Forecast of State Revenues and Borrowing in Fiscal Year 1999
(NIS Thousands)
| 1999 Draft Budget | ||
| 1. | Grand Total ========= |
214,975,294 ======== |
| Part A: | Current revenues | 157,474,830 |
| Part B: | Revenues from borrowing and capital account | 56,323,464 |
| Part C: | Revenues from Bank of Israel | 1,177,000 |
| Part A: | Current revenues | 157,474,830 ======== |
| Taxes and compulsory
payments ---------------------------------------- |
129,880,000 ----------------- |
|
| Income and property
taxes -------------------------------- |
71,521,000 ---------------- |
|
| 001 | Income tax | 58,300,000 |
| 002 | Value Added Tax on nonprofit | |
| and financial institutions | 6,430,000 | |
| 003 | Land betterment tax | 970,000 |
| 004 | Real-estate purchase tax | 1,460,000 |
| 005 | Property tax | 800,000 |
| 007 | Payroll tax | 1,130,000 |
| 065 | Price adjustment | 1,381,000 |
| 066 | Collection efforts | 1,050,000 |
| Taxes on expenditure -------------------------- |
58,359,000 --------------- |
|
| 011 | Customs and import levies | 1,180,000 |
| 012 | Value Added Tax, including VAT on defense imports | 35,740,000 |
| 013 | Purchase tax | 8,610,000 |
| 015 | Excise | 910,000 |
| 018 | Fuel tax | 5,650,000 |
| 020 | Stamp tax | 800,000 |
| 024 | Motor vehicle fees | 1,933,000 |
| 025 | Other fees and licenses | 1,497,000 |
| 067 | Price adjustment | 1,289,000 |
| 068 | Collection efforts | 750,000 |
Forecast of State Revenues and Borrowing in Fiscal Year 1999(Cont.)
(NIS Thousands)
| 1999 Draft Budget | ||
| Interest and profit ---------------------- |
3,540,000 -------------- |
|
| 034 | Foreign-exchange interest | 712,000 |
| 035 | Interest collected | 2,828,000 |
| Royalties ------------ |
1,928,000 ------------- |
|
| 042 | Royalties from business enterprises | 1,000 |
| 043 | Royalties on natural resources | 140,000 |
| 044 | Royalties from government companies | 613,000 |
| 045 | Dividends from government companies | 1,174,000 |
| Miscellaneous
revenues ----------------------------- |
7,172,000 -------------- |
|
| 046 | Reimbursements on account of previous years' budgets | 663,000 |
| 047 | Revenues from miscellaneous services | 1,461,000 |
| 050 | Use fees for government properties | 150,000 |
| 048 | Earmarked revenue in excess of estimate | 426,000 |
| 049 | BOI profits liquidated | 4,472,000 |
| Transfer from Part B | 14,954,830 --------------- |
|
| Part B: | Revenues from Loans and Capital Account | 56,323,464
======= |
| Repayment of
Government investments and loans ------------------------------------------------------------- |
6,348,000 -------------- |
|
| 051 | Collection of principal | 5,054,000 |
| 053 | Collection of principal in foreign exchange | 93,000 |
| 063 | Revenue from Israel Lands Administration | 1,201,000 |
| Pension and
compenstation provisions ----------------------------------------------- |
40,800 ----------- |
|
| 071 | Provisions of economic units | 10,200 |
| 072 | Provisions of business enterprises | 10,200 |
| 073 | Pension provisions-companies | 20,400 |
Forecast of State Revenues and Borrowing in Fiscal Year 1999(Cont.)
(NIS Thousands)
| 1999 Draft Budget | ||
| Capital gains ---------------- |
4,590,000 -------------- |
|
| 075 | Sale of companies and banks | 4,590,000 |
| Domestic loans ------------------- |
38,815,494 ---------------- |
|
| 081 | Loans from National Insurance Institute | 6,320,000 |
| 082 | Income from issues and deposits | 32,495,494 |
| Loans and grants
from overseas -------------------------------------- |
21,484,000 ---------------- |
|
| 900 | Israel Bonds | 1,758,000 |
| 901 | Less distribution expenses | -102,000 |
| Loans and grants from the U.S.: | ||
| 902 | - Defense assistance | 7,872,000 |
| 904 | - Civilian assistance | 3,936,000 |
| 906 | Load from Germany | |
| 908 | Other loans | 8,020,000 |
| Transfer to Part A ---------------------- |
-14,954,830 ----------------- |
|
| Part C: | Revenues from the Bank of Israel | 1,177,000
====== |
| Advance for financing of debt to Bank of Israel | 1,177,000 |
 
|
