WATERWORKS RENEWALS AND IMPROVEMENT FUND
115
A. Capital expenditure from Revenue up to 31st March, 1952
(i) Charged to Revenue up to 31.12.38
1939 credit for sale of surplus plant
$15,644,464 30,977
$15,613,487
(ii) Charged to Revenue in anticipation of a loan
Actual expenditure up to 31.12.39
2,266,913
Estimated expenditure 1940/41
1,714,494
3,981,407
19,594,894
(iii) Expenditure on non-recurrent works of a capital nature
1948/49
1949/50
1950/51
1951/52
6,650
1,148,981
1,461,253
3,164,752
5,781,636
$25,376,530
Renewals and Improvement Fund Account
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
Actual contributions by transfer from the Public Works Recurrent sub-head entitled Contributions to Renewals and Improve- ment Fund,
1948/49
$ 39,143
1949/50
1950/51
20,644 267,030
1951/52
611,536
Balance carried down
1,465,372
1946/47
1947/48
1948/49
1949/50
1950/51
1951/52
$ 391,898
391,898
391,898
392,031
393,000
443,000
$2,403,725
$2,403,725
Estimated expenditure in
1952/53
of stocks held at 31.3.52 ... Estimated balance on 31.3.53
Balance brught down from
$ 102,500
1.4.52
$1,465,372
Net depreciation on revaluation
Sale of No. 3 steam pumping unit
88,264 1,391,827
on 8.6.51
16,500
Dividend 30.9.52
on
investments to
100,719
$1,582,591
$1,582,591
NOTE: The value of securities in the hands of Crown Agents is $1,000,000 plus dividend $100,718.80 less
depreciation $88,263.86=$1,012,454.94.
C. Schedule of estimated expenditure for 1953/54
Item
1. Tytam Tuk Pumping Station conversion. 2. Grouting leakage at Wongneichong
Reservoir
3. Conversion of Slow Sand Filters at
Kowloon to Rapid Gravity Filters
4. Renewals and improvments to existing
mains
5. Replacement of water meters
Revised
Estimate
Revised estimate
estimate of Estimate expenditure 1953/54
1952/53
$
$
$
$
650,000 709,019
91,500
(1)
30,000
(2)
800,000
(3)
400,000
(4)
50,000
$1,930,000
41,440
$750,459
11,000
$102,500
(1)
(1) Completed
(2) Provided for under Public Works Department
in 1953/54 Estimates
(3) Provided for under Public Works Non-
Recurrent in 1953/54 Estimates
(4) Provided for under Public Works Recurrent in
1953/54 Estimates