- 4 -
Major sources of revenue during the period were: Excise Tax 3.46 million, Service Tax 2.53 million and Interest 4.01 million.
EXPENDITURE – TREASURY ACCOUNT
Total cash payment made during the transition period amounted to US63.44 million while obligations worth US34.43 million remained
outstanding as on 31 December 2007. The total expenditure including obligations was US97.87 million which was 90.1 of the appropriation for the
period.
US millions
Appropriation Actual
Payments Outstanding
Obligations Total
Expenditure to
Appropriation
Salaries Wages 19.13
17.11 -
17.11 89.5
Goods Services
79.08 44.91 25.82 70.73
89.4 Minor
Capital 5.57 0.69 4.55
5.24 94.0
Capital Development 4.88
0.73 4.06
4.79 98.2
Total 108.66 63.44 34.43
97.87 90.1
Interest Receipts
20
Excise tax
17
Service Tax
12 Other
Withholding Tax
9 Individual
Income Tax
Others 9
Sales Tax
9 User
Fees Charges
and Interest
8 Import
Duties 8
Business Corporate
Taxes 6
Individual Income
Tax 2
How Money Was Received
- 5 -
Expenditure by Categories
Salaries Wages
For the Treasury Account, salary wages expenditure out of State General Budget during the transition period was US17.11 million Statement 2.1 which
was 89.5 of the appropriation for the period.
Goods Services
Out of the total appropriation of US 79.08. million under Goods Services, 44.91 million was released as cash payment and 25.82 million was obligated
up to the end of December 2007. The breakup of expenditure by Ministry is given in Statement 2.1
Minor Capital
Out of total appropriation of US5.57 million, an amount of US0.69 million was spent as cash expenditure while an amount of US4.55 million was
obligated making the execution rate of 94.
Capital Development
Out of the appropriation of US 4.88 million, US 4.06 million was obligated by December 2007.
Carried Forw ard Liabilities
An amount of US 118.81 million was brought forward as liabilities to be discharged during the transition period. Upto the December 2007, US 63.62
million has been discharged leaving a balance of US 55.19 million. Of the total discharge, obligations of US19.94 million were scrutinized and closed.
Summary Statement of the carry forward liabilities by year, category of expenditure and by ministries is given in Statement 6.
Ca sh Ba la nc e a nd T ra nsfe rs from Pe t role um Fund
During transition period an amount of US40.00 million was transferred to the Consolidated Fund from the Petroleum Fund. As of 31December 2007, the
Treasury Account had a cash balance of US 180.86 million.
Expenditure by Economic Category
The analysis of total expenditure in terms of economic categories shows that major items of expenditure during the transition period were Salary 19,
and Fuel for Generators 16. Details are given in Statement 2.4.
- 6 -
AUTONOMOUS AGENCIES
EDTL
The expenditure of EDTL, during transition period, is shown in the table below.
Figures in US 000
Appropriation Actual
Payments Outstanding
Obligations Total
Expenditure to
Appropriation
Salaries Wages 226
178 178
78.8 Goods Services
541 403
95 498
92.1 Minor Capital
Capital Development 5,460
5,460 5,460
100
Total 6,227
581 5,555 6,136
98.5
Salary 19
Fuel for Generators
16
Other Miscellaneous
Services 11
Operational Material
Supplies 10
Major Capital
Equipment 6
Professional Services
5 Maintenance
of Equipment
Buildings 5
Operational Expenses
4 Infrastructure
Assets 3
Vehicle Operation
Fuel 3
Vehicle Maintenance
2 Overseas
Travel 2
Acquisition of
Buildings 2
Purchase Vehicles
2 Others
10
How Money Was Spent
- 7 -
Their overall progress of expenditure is 98.5. In addition, US 3.209 million has been spent from State General Budget towards expenditure of EDTL.
During the transition period, EDTL has raised revenues of US 2.212 million refer to Statement 1.2.
Ports
The expenditure is 69.9 of their estimates for the transition period.
Figures in US 000
Appropriation Actual
Payments Outstanding
Obligations Total
Expenditure to
Appropriation
Salaries Wages 50
36 -
36 72.0
Goods Services 239
108 58
166 69.5
Minor Capital Capital Development
Total 289 144
58 202
69.9
Ports Authority has collected revenue US 0.469 million till 31 December 2007.
Civil Aviation
The expenditure during the transition period was US 0.44 million as against the budgeted amount of US 0.69 million which is 63.7 of their estimates.
Figures in US 000
Appropriation Actual
Payments Outstanding
Obligations Total
Expenditure to
Appropriation
Salaries Wages 79.5
72 72
90.6 Goods Services
283.5 27
15 42
14.8 Minor Capital
Capital Development 325
324 324
100
Total 688 99
339 438
63.7
Civil Aviation has collected US 0.362 million of Revenue against an estimate of US.0.30 million.
Institute of Equipment Management
The Institute of Equipment Management has spent 41.2 of their budget allocation of US 0.54 million during the transition period.
- 8 -
Figures in US 000
Appropriation Actual
Payments Outstanding
Obligations Total
Expenditure to
Appropriatio n
Salaries Wages 121
43 0.
43 35.5 Goods Services
373 28
105 133
35.7 Minor Capital
50 2
46 48
96.0 Capital Development
0 0 0 0 0
Total 544 73
151 224
41.2
Amount in US
Revenue Attribute Budget
Estimates Actuals
Surplus + Deficit -
Percentage of Actual to
Budget Actuals
Transition Period
2006-07 Domestic Revenue
Tax on Commodities 7,800,000
6,738,810 -1,061,190
86 15,680,578
Service Tax 1,800,000
2,530,601 730,601
141 3,609,811
User Fees 3,400,000
1,682,292 -1,717,708
49 4,257,492
Income Tax 5,900,000
5,231,440 -668,560
89 11,838,278
Other Tax Revenue -
- -
- -
Interest -
4,013,341 4,013,341
- 5,080,215
Total Domestic Revenue 18,900,000
20,196,484 1,296,484
107 40,466,374
Revenue Retention Autonomous Agencies
3,600,000 3,046,180
-553,820 85
6,996,016 Total Revenue
22,500,000 23,242,664
742,664 103
47,462,390 Capital Receipts from Petroleum Fund
40,000,000 40,000,000
100 260,067,680
Total Fiscal Receipts 62,500,000
63,242,664 742,664
101 307,530,070
Donors Contributions 11,270,822
Gross Receipts 62,500,000
63,242,664 742,664
101 318,800,892
REPÚBLICA DEMOCRÁTICA DE TIMOR-LESTE
1.1 Abstract of Receipts to the Consolidated Fund Transition Period
9
Revenue Attribute Budget
Estimates Actuals
Transition Period
Surplus + Deficit -
Percentage of Actuals to
Budget Actuals 2006-07
Amount in US
TREASURY ACCOUNT
Tax and Customs Duties 7,800,000
6,738,810 -1,061,190
86 15,680,578
Sales Tax 1,742,400
4,036,132 Excise tax
3,463,979 7,348,919
Import Duties 1,532,430
4,295,527 Export Duties
- Taxes on Income
5,900,000 5,231,440
-668,560 89
11,383,287 Individual Income Tax
431,207 823,710
Individual Income Tax Others 1,754,066
2,306,323 Other Withholding Tax
1,791,245 4,892,155
BusinessCorporate Taxes 1,254,921
3,816,090 Service Tax
1,800,000 2,530,601
730,601 141
3,609,811 Service Tax
2,530,601 3,609,811
Other Tax Revenue -
Total Tax Revenue 15,500,000
14,500,851 -999,149
94 31,128,667
Interest 4,013,341 4,013,341
5,080,215 Interest Receipts
4,013,341 5,080,215
User Fees Charges and Interest 3,400,000
1,682,292 -1,717,708
49 4,712,483
Business Registration Fees 132,144
226,878 Postage and Service Fees
24,123 63,746
Property Rentals 693,468
1,408,849 Water Fees
16,660 45,887
National University Fees 30
Vehicle Registration Fee 82,078
189,772 Vehicle Inspection Fee
55,789 39,539
Driver Licence Fee 82,196
49,750 Transport Penalties
- Other Transport Fees
1,724 860
ID Passport Fees 124,043
229,688 Visa Fees
387,590 591,700
Hospital Medical Fees-other 30,288
65,637 Dividends, Profits Gains
1,132,512 Mining Operation Royalty
5,920 22,468
Bid Document Receipts 1,986
26,807 Other Non Tax Revenues
44,284 163,369
Total Non Tax Revenue 3,400,000
5,695,633 2,295,633
168 9,337,707 Total Domestic Revenue
18,900,000 20,196,484
1,296,484 107 40,466,375
Capital Receipts from Petroleum Fund
40,000,000 40,000,000
100 260,067,680
REPÚBLICA DEMOCRÁTICA DE TIMOR-LESTE
1.2 Details of Revenue Receipts Transition Period
Tax Revenue
Non Tax Revenue
10
