CONFIDENTIAL

URBAN COUNCIL/URBAN SERVICES DEPARTMENT EXPENDITURE/REVENUE ESTIMATES (EXCLUDING CAR PARKS)

(1)

1964/65

1965/66

1966/67

1967/68

1968/69

1969/70

1970/71 (revised Estimate)

1971/72

Gross Expenditure

$ 44.1 m.

Oncost on wages and

salaries (26%)

9.2 m.

$ 52.3 m.

10.6 m.

$ 50.0 m.

12.5 m.

$ 625 m.

$ 74.2 m (2)

$ 85.7 m(3) $100 m(3) $111.6 m(3)

13.6 m.

16.0 m.

17.3 m.

18 m.

21.1 m.

Total expenditure

53.3 m.

62.9 m.

70.5 m.

76.1 m.

90.2 m.

Total revenue

Net expenditure

Rate Yield (Urban

Areas only)

of rate yield Approximate "Rate"

equivalent

14:1 m.

14.9 m.

15.7 m.

14.7 m.

17.5 m.

39.2 m.

163.7 m.

48.0 m.

210.4 m.

54.8 m.

61.4 m.

72.7 m.

}

241.6 m.

273.1 m.

209.5 m.

103.5 m.

20.8

m.

82.7 m.

307.0 m.

118 m.

132.7 m.

29.5 m.

88.5 m.

323.5 m.

28.8 m.

103.9 m.

340.5 m.

Net expenditure as

23 9%

22.0%

22.7%

22.5%

25.1%

26.9%

27.4%

30.5%

4.06%

3.74%

3.06%

3.83%

4.27%

4.57%

4.65%

5.2%

NOTE:

(1) Intention is that all carpark fees should continue to accrue

to Government, with a management fee paid to the Urban Council.

(2) Includes "Rental Charge" of $2.8 m. in respect of Kennedy Town Abattoir.

(3) Includes "Rental Charge" of $5.6 m. in respect of Kennedy Town

and Cheung Sha Wan Abattoirs.

CONFIDENTIAL

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