WATERWORKS RENEWALS AND IMPROVEMENT FUND
A. Capital expenditure from Revenue up to 31st March, 1948.
(i) Charged to Revenue up to 31.12.38 1939 credit for sale of surplus plant
111
.$15,644,464 30,977
$15,613,487
(ii) Charged to Revenue in Anticipation of a loan
Actual expenditure up to 31.12.39 Estimated expenditure 1940/41
.$ 2,266,913 1,714,494
3,981,407
19,594,894
(iii) Expenditure from Public Works Non-Recurrent works of
capital nature—
1948/49 1949/50
6,650
1,148,981
1,155,631
$20,750,525
2% of $20,750,525 being contributions to Renewals and
Improvement Fund in 1950/51
B. Renewals and Improvement Fund Account.
$ 415,010
NOTE: The credit balance of $1,100,093 brought down from 1940/41 has been written off as lost through
enemy action.
To actual expenditure charged
1948/49 1949/50
$ 39,143 20,644
Actual contributions by transfer from Public Works Recurrent sub-head entitled Contribu- tions to Renewals and Im- provement Fund.
1946/47
$ 391,898
To balance carried down
$1,507,938
1947/48
1948/49
1949/50
391,898
391,898
392,031
$1,567,725
$1,567,725
Estimated expenditure in
1950/51
Balance brought down from
$ 305,000
Net depreciation on revaluation
of stocks held at 31.3.50 ..... Estimated balance on 31.3.51
28.072 1,630,534
1.4.50 Dividend 30.9.50 Contributions due for 1950/51
$1,507,938
on investments
to
40,658
415,010
$1,963,606
$1,963,606
NOTE: The securities in the hands of Crown Agents: $1,000,000 plus dividend $40,657.33 less depreciation
$28,072.46 $1,012,584.87.
C. Schedules of estimated expenditure for 1951/52.
Item
Estimate
Estimated Expenditure 1951/52
$
1. Tytam Tuk Pumping Station conversion.
2. Grouting leakage at Wong Nei Chong
Reservoir
650,000
$ 600,000
30,000
30,000
3. Conversion of Slow Sand Filters at
Kowloon to Rapid Gravity Filters ......
800,000
400,000
4. Renewals and Improvements to existing
mains
400,000
400,000
5. Replacement of Water Meters
50,000
50,000
$1,930,000
$1,480,000