Appendix II.
CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1915.
CALCULA
Estimated Revenue,
DEDUCT:-
Light Dues, Special Assessment,
Opium Monopoly,
CLASS I.
105,000
889,675 (2)
(1)
CLASS II.
Kowloon-Canton Railway,...........
435,600 (3)
CLASS IV.
Widows' and Orphans' Pensions Contributions,
55,600 (4)
CLASS V.
Land Sales,
206,000
(5)
Revenue assessable to Defence Contribution,
11.407.632
1,691,875
9,715,757
Add estimated arrears on account of 1914 Contribution,
20% of $9,715,757 1,943,151
=
298,154
(1) 0.0. Despatch No 185 of 13th August, 1908.
Total,............ $ 2,241,305
(2) For details see Statement overleaf,
(3) C.0. Despatch No. 250 of 19th August, 1911.
Gross Receipts,
$435,600
Less Working Expenses,
323.455
Interest@ 3% on Inscribed Stock Issue of 1906 (£1,143,933)=£40,038, Sinking Fund @ 10% on 3% Inscribed Stock Issue of 1906
(£1,148,933)=£11.440,.....
436,778
124,800
Interest @3% on advances by Crown Agents to meet cost of Railway
construction,
9,077
894,110
Deficit,
$ 458,610
(4) Ordinance No. 15 of 1908, s. 5. (5) Ordinance No. 1 of 1901, s. 2.
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