Page 137 - Bahrain Gov Annual Reports (II)_Neat

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Note on 1357 Budget.

REVENUE.
I Oil Royalty. Rs. 30,00,000. In 1356 the actual royalty paid to the
Government was Rs. 31,65,000. The oil production during the months of January,
February and March 1938 was approximately 303,000 tons. Assuming that the
production for this quarter represents the average production for the current year
the total production for the twelve months would be 12,12,000 tons producing a
royalty of over Rs. 42,00,000. It is therefore reasonable to expect that revenue
from oil will be not less than 30 lakhs during the year 1357.
II Customs Department Receipts. Rs. 10,00,000. The revenue collected by the
Department last year exceeded this sum by Rs. 60,000.
Ill Passports Receipts. Rs. 16,000. Estimated at Rs. 4,000 less than last year's
actuals.
IV Judicial Receipts. Rs. 10,000. As last year.
V Vehicle Taxes. Rs. 15,000. This includes driving licenses.
VI Land Revenue. Rs. 20,500. This revenue does not vary very greatly, it is
obtained from fees and stamp duties on sales and registrations of property, ground
rents and fees from leases of date gardens which have to be made on Government
forms.
VII Interest on Reserve Fund and Fixed Deposits. The Reserve Fund at the
beginning of 1357 was Rs. 18,00,000 consisting of T 87,500 invested in 31% War
Loan and £ 50,000 invested in 31% India 1931 Loan.

During the year it is proposed to invest notl ess than Rs. 14,00,000. Half of
this amount will be invested early in the year and the second half will be invested at
the time of the second royalty payment.

Interest on Fixed Deposits accruing during the year amounts to Rs. 4,250.
It is not proposed to renew Fixed Deposits but to invest the amounts deposited in
British Government Stock.

VIII Oil Gauging Charges. Rs. 45,500. This represents the fee paid by the
Bahrain Petroleum Company on oil measured by the Government’s gauger.

Notes on 1357 Budget.

EXPENDITURE
I. Allowances to the Ruling Family. Rs. 14,70,000.

Of this sum l/3rd of the estimated oil royalty amounts to Rs. 10,00,000.

The remainder consists of the Civil List, the monthly payments to the Ruler
and members of the Ruling Family. The increase over the last year’s figure is
accounted for by the pay of His Highness’s Factor, who is paid by the Government
and an increase in Shaikh Sulman’s allowance. It was arranged, after the Budget
was drawn up, that this additional allowance was to be debited against the l/3rd
oil royalty when payment was made.
II. Administrative Services. Rs. 2,93,680. These estimates represent the
salary of the present staff of the various government departments with provision
for possible expansion during the year. The Adviserate Budget provides for the
services of an Assistant Adviser for part of the year.