HEAD 5 FEES OF COURT OR OFFICE

Estimate 1958/59

T

Revised estimate 1957/58

Approved estimate 1957/58

$65,344,200

68,745,500

59,411,400

58,934,261

159

Actual revenue 1956/57

Revenue Head 5-Fees of Court or Office now includes the collection previously shown under the revenue head "Miscellaneous Receipts".

The revised estimate for 1957/58 shows an increase of $9,334,100 over the approved estimate. The increase is made up as follows: Fees up $1,372,700; Receipts up $7,656,900 mainly due to a transfer of $6,703,700 from deposits; Reimbursements down $175,400; Sales up $777,100; Contributions down $297,200.

All divisions show increases in 1958/59 over the revised estimate with the exception of Receipts down $6,040,600 and Sales which is down $963,300 due to the reduction in the selling price of sand.

HEAD 6 - WATER REVENUE

Estimate 1958/59

$14,711,500

Revised estimate 1957/58

12,711,500

Approved estimate 1957/58

12,609,000

9,091,303

for 1957/58.

Actual revenue 1956/57

An increase of $102,500 is shown in the revised estimate over the approved estimate

The estimate for 1958/59 is expected to be $2 million over the revised amount for the current year.

This is due to the additional resources available from the Tai Lam Chung Reservoir.

HEAD 7— POST OFFICE

Estimate 1958/59

$31,219,000

Revised estimate 1957/58

30,063,000

Approved estimate 1957/58

27,551,000

29,260,077

*

Actual revenue 1956/57

The continued steady growth in the use of the postal services combined with the opening of more subsidiary post offices should bring in an increase of $2,512,000 over the approved estimate for the current year. This increase is expected to continue in 1958/59.

HEAD 8- KOWLOON-CANTON RAILWAY

Estimate 1958/59

$6,900,000

Revised estimate 1957/58

8,002,700

Approved estimate 1957/58

5,978,000

7,803,753

Actual revenue 1956/57

The revised estimate for the current year shows an increase of $2,024,700 over the approved estimate due to the heavy passenger traffic. This rate of increase may not continue in 1958/59 and the revenue for next year is expected to be $1.1 million lower than the revised estimate for this year.

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