SCHEDULE OF EXPENDITURE FROM THE DEVELOPMENT FUND
115
Allocation
Actual expendi-
ture to
Revised estimate of expen-
Estimated expendi-
ture
Local Development Projects
diture
31.3.53
1954-55
1953-54
$
$
$
$
1-Tai Lam Chung water supply scheme *
40,000,000 5,872,187 7,459,000
2-Housing Loans
1 Hong Kong Housing Society
Other loans
9,636,852 2,136,852 5,363,148
7,500,000
100,000e
15,000,000 2,136,852
7,600,000
3-Sports Stadium
1 Stadium
2,722,000
9,045
812,955 1,900,000
4-Investments
1 Hong Kong Telephone Company
5-Housing loans (non-expatriate Government officers)
Loans
J
6-Miscellaneous loans
1 Hong Kong Football Club.......
2 South China Athletic Association
*
Total
32,563 32,563
10,000,000
200,000 | 9,800,000
550,000
550,000
600,000
600,000
1,150,000
1,150,000
28,904,563 2,178,460 2,162,955 19,300,000
Tai Lam Chung water supply scheme formerly included as a Local Development Project now provided for under Head 31 Public Works Non-Recurrent, sub-head 83. Expenditure to 31st March, 1954 charged off to revenue.