DPBR 660 AB
From The Kodiak Republic Wiki
WORK IN PROGRESS
Public Secretary's Summary -
General Comments
The National Budget
Public Secretary's Summary - WORK IN PROGRESS
The National Debt
The National Debt stands at approximately ₣ 746.45 Billion with a Debt/GDP ratio of 93%.
Our predicted Deficit this year stands at approximately ₣ 68.36 Billion.
This will increase the National Debt to approximately ₣ 811.81 billion.
Our Sovereign Credit rating has been assessed by the World Bank as A.
Interest on the debt assessed at 1.91% and is expected to cost ₣ 14.28 Billion which represents 7.5% of annual expenditure.
Income Summary
| Income Stream | Amount (in millions) | Diff. 654 AB |
|---|---|---|
| Income Tax | 72.520 | 12.080 |
| Corporation Tax | 22.640 | 3.800 |
| Payroll Tax* | - | - 16.120 |
| Capital Gains Tax | 7.040 | 1.200 |
| State Energy Co | 5.160 | - |
| Land Value Tax | 5.760 | 720 |
| Sales Tax | 7.160 | 3.228 |
| Petrol Tax | 2.708 | - 380 |
| State Telecom Co | 1.960 | - |
| Property Tax | 1.916 | 328 |
| State Water Co | 1.008 | - |
| Diverted Profits Tax | 1.156 | 200 |
| Empty Homes Tax | 980 | 28 |
| State Postal Service | 476 | - |
| Alcohol Tax | 996 | 644 |
| Luxury Tax | 84 | - 12 |
| Drug Tax | 616 | 552 |
| Tobacco Tax | 452 | 452 |
| National Rail | 5.960 | 5.960 |
| TOTAL INCOME | 138.592 | 12.680 |
| Government Borrowing | 3.024 | - 65.296 |
* Payroll Taxes ended in this term
Expenditure Summary
| Expenditure | Amount (in millions) | Diff. 651 AB |
|---|---|---|
| State Schools | 28.360 | - 24.360 |
| Debt Interest | 15.080 | 800 |
| Military Spending | 10.000 | - 2.000 |
| State Pensions | 8.800 | - 1.600 |
| Social Care | 5.680 | - 3.440 |
| Bus Subsidies | 5.080 | - 576 |
| Mining Subsidies | 4.920 | 160 |
| Agriculture Subsidies | 4.560 | - |
| Rural Dev Grants | 4.560 | - |
| Police Force | 4.140 | - 500 |
| State Health Services | 4.000 | 216 |
| Business Grants | 4.000 | 1.520 |
| State Housing | 3.764 | - 224 |
| Science Funding | 3.756 | - 8 |
| Disability Payments | 3.696 | - 224 |
| University Funding | 3.488 | - 2.032 |
| Prisons | 2.672 | - 174 |
| Int'l Investment Credits | 2.564 | 160 |
| Intelligence Services | 2.140 | - 188 |
| Tech Colleges | 1.928 | - |
| Immigration Dept | 1.852 | - 2.388 |
| Public Libraries | 1.704 | - |
| IoT Energy Meters | 1.608 | 4 |
| School Meal Subsidies | 1.352 | 832 |
| All Other Expenses | 12.776 | - 9.364 |
| TOTAL EXPENSES | 142.480 | - 43.386 |
