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  • Internal Revenue - 2017: (Budget Estimate)

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    Michael Motan
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    This document contains the budget estimates for internal revenue for Kainantu Urban Local Level Government for 2017. The estimates show that revenue from trading license fees is expected to increase to 200,000 Kina in 2017 from 50,000 Kina in 2016. Provincial government grants are estimated at 300,000 Kina in 2017, lower than the 362,818 Kina actual revenue received in 2016. Miscellaneous revenue such as receipts from prior years, sundry receipts, and market takings are estimated to total 427,300 Kina in 2017. The total estimated internal revenue for 2017 is 927,300 Kina, higher than the 451,711 Kina actual revenue received in 2016.

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    2017 KULLG budget

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    KULLG Budget

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    This document contains the budget estimates for internal revenue for Kainantu Urban Local Level Government for 2017. The estimates show that revenue from trading license fees is expected to increase to 200,000 Kina in 2017 from 50,000 Kina in 2016. Provincial government grants are estimated at 300,000 Kina in 2017, lower than the 362,818 Kina actual revenue received in 2016. Miscellaneous revenue such as receipts from prior years, sundry receipts, and market takings are estimated to total 427,300 Kina in 2017. The total estimated internal revenue for 2017 is 927,300 Kina, higher than the 451,711 Kina actual revenue received in 2016.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    14 views1 page

    Internal Revenue - 2017: (Budget Estimate)

    Uploaded by

    Michael Motan
    This document contains the budget estimates for internal revenue for Kainantu Urban Local Level Government for 2017. The estimates show that revenue from trading license fees is expected to increase to 200,000 Kina in 2017 from 50,000 Kina in 2016. Provincial government grants are estimated at 300,000 Kina in 2017, lower than the 362,818 Kina actual revenue received in 2016. Miscellaneous revenue such as receipts from prior years, sundry receipts, and market takings are estimated to total 427,300 Kina in 2017. The total estimated internal revenue for 2017 is 927,300 Kina, higher than the 451,711 Kina actual revenue received in 2016.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    of 1

    709 KAINANTU URBAN LOCAL LEVEL GOVERNMENT 709

    INTERNAL REVENUE - 2017


    (BUDGET ESTIMATE)
    709
    PART (B) INTERNAL REVENUE
    REVENUE DESCRIPTION ESTIMATE ESTIMATE ACTUAL ESTIMATE
    HEADS 2015 2016 2016 2017
    K K (23/12/16) K
    INTERNAL REVENUE
    601102 Local Level Government Taxes & Fees
    1 Trading License Fees 100,000.00 90,000.00 50,000.00 200,000.00
    SUB-TOTAL 100,000.00 90,000.00 50,000.00 200,000.00
    602102 Court Fees and Fines
    1 Courts Fees & Fines
    SUB-TOTAL
    603102 Other Taxes, Charges, Etc.
    (Taxes, Fees or Charges Imposed under Prov. Laws)
    1 Provincial Road Charges

    SUB-TOTAL
    604102 Provincial Government & District Grants
    1 Provincial Government Grants to LLG 165,000.00 600,000.00 362,818.64 300,000.00
    SUB-TOTAL 165,000.00 600,000.00 362,818.64 300,000.00

    639102 Miscellaneous Revenue


    1 Recovery from former years Approp: 37,200.00 37,600.00 31,679.30 214,198.00
    2 Sundry Receipt - 50,000.00 5,014.00 113,102.00
    3 Market Takings 100,000.00 100,000.00 2,200.00 100,000.00
    SUB-TOTAL 137,200.00 187,600.00 38,893.30 427,300.00

    TOTAL INTERNAL REVENUE 402,200.00 877,600.00 451,711.94 927,300.00


    GRAND TOTAL 932,600.00 1,255,270.00 599,007.17 1,400,000.00

    Page 3 Prepared by: Rosita Ben Tubavaia/Financial Controller

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