Note 1 — XII. Structure of the Philippine Government
Reading edition
Items of revenue and expenditures 1921 1922
Revenue: Pesos Pesos
Licenses and business. 14,246,440 13,755,670
Import duties. 12,778,791 11,362,250
Excise Tax. 13,327,843 13,444,281
Income tax. 4,880,370 1,943,716
Wharfage tax. 1,473,627 1,852,095
Franchise tax. 243,618 109,749
Documentary stamp tax (customs and internal revenue). 951,809 990,933
Immigration tax. 237,040 239,152
Tonnage dues. 254,515 276,130
Inheritance tax. 210,303 121,812
Revenue from public forests. 923,216 854,337
United States internal revenue. 756,444 1,428,959
Fines and forfeitures. 663,415 799,553
Sales and rentals of public domain. 22,110 24,254
Income from commercial and industrial units. 12,771,068 11,130,403
Income from operating units. 254,514 133,698
Dividends on bank stock. 463,373 ——
Interest repayments, railway companies. 192,716 387,785
All other income1. 67,430,039 74,427,334
Prior year adjustments. 1,282,547 531,826
Total. 133,363,798 133,813,937
Less apportionments of internal revenue to local governments. 3,164,084 3,164,084
Total revenue. 130,199,714 130,649,853
Expenditures:
General administration2 2,046,646 2,272,591
Legislation 1,413,541 1,547,683
Adjudication 1,891,080 1,747,093
Protective service3 5,783,904 4,866,840
Social improvement4 13,084,682 13,709,846
Economic development5 53,820,568 14,037,386
Aid to local governments 14,305,267 15,561,867
Expense of revenue collection 11,275,497 9,963,714
Public debt 3,811,266 5,117,494
Public works and purchase of equipment 10,209,597 9,670,476
Retirement gratuities6 521,226 397,886
Pensions Acts 2909 and 2922 12,000 12,000
Prior year adjustments 18,937 6,248
Total 118,194,211 78,911,424
Current surplus for the year 12,005,503 51,738,429
Current surplus at the beginning of the year 43,937,712 55,943,215
Current surplus at the end of the year 55,943,215 107,681,644
1 Includes income incidental to functional activities, sales of fixed property, Friar Lands estates and San Lazaro estate, proceeds of loan from currency reserve fund, and sales of agricultural bank loans, etc. ↑
2 Executive direction and control. ↑
3 Includes expenditures on law and order, national defense, suppression of animal diseases and plant pests, protection against forces majeures and other protective service. ↑
4 Includes expenditures on public health, public education, public corrections, public charities, and other social improvements. ↑
5 Includes expenditures on conservation of natural resources, development of commerce and agriculture, regulation of public utilities, Philippine publicity, development of industrial arts and sciences, operation of commercial and industrial units, corporate investments, advances to railway companies under guaranty contracts and exchange on advances to railway companies, etc. ↑
6 Act No. 2589, amended by Act No. 2796, provides for a gratuity by reason of retirement to officers and employees of the Philippine Government who have rendered satisfactory service during six continuous years or more. ↑