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

Answer rating: 100% (QA)

Based on the given information the budget for the SPK State Government for the year 2017 according t... View the full answer