SPK State Government in Malaysia is expected to collect RM720,304,000 for the total revenue in 2017. A
Question:
SPK State Government in Malaysia is expected to collect RM720,304,000 for the total revenue in 2017. A total amount of RM324,136,800 is expected to be contributed by the tax revenue, while non tax revenue and non-revenue receipt are expected to contribute by 42% and 13% respectively. It is also expected that the supply expenditure will involve a total amount of RM624,755,200 which is 80% of the operating expenditure. Further information related to the estimated operating expenditure is as follows:
Particulars | Percentage (%) |
Emolument | 40 |
Supply and Services | 16 |
Assets | 5 |
Grants and Fixed Charges | 35 |
Other Expenditure | 4 |
Development expenditure is estimated to be RM664,156,000 and will be made through the provision of:
State Fund 70%
Refund Expenditure 8%
Loan Fund 22%
REQUIRED:
Prepare the SPK State Government budget for the year 2017 according to the Treasury Instructions
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam