HONGKONG.
No. 18
88.
REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1887.
Presented to the Legislative Council, by Command of His Excellency the Governor.
1.-TAXATION.
There have been no changes under this head.
2.--REVENUE AND EXPENDITURE.
The Revenue amounted to $2,582,723.81, or excluding premiums from Land Sales to $1,427,485.79; and the Expenditure amounted to $2,023,002.06, including Extraordinary Works; excluding these, to $1,278,181.68.
L
The Revenue and Expenditure for the past five years have been:-
Revenue.
.$1,289,448.29
1,173,071.48
Fear.
1883, 1884,
;
1885.
1,251,889.70
1886, 1887.
1,367,977.74
1
1,427,485.79
Premiums from Land.
Ordinary Expenditure.
$1,162,247.14
Extraordinary
Expenditure, including Defensive Works.
$ 25,718.65
$180,052.10
19,695.00
1,254,634.77
340,763.62
66,658.50
1,146,103.15
475,147.24
34,731.59
1,195,236.81
825,624.84
155,238.02
1,278,181.68
744,820.38
3.-LOCAL REVENUES.
The Chinese inhabitants contributed in 1887, by voluntary assessment among them- selves, to the pay of the District Watchmen,
and received from the Government a grant-in-aid of
4.-ASSETS AND LIABILITIES.
.$3,012.17 2,000.00
On the 31st December, 1887, the assets of the Colony exceeded its liabilities by $631,374.08. (a.) The surplus assets in:--
1883, were 1884, 1885.
1
and in
1886, the liabilities exceeded the assets by
5.-PUBLIC DEBT.
$1,067,200.52 $729,562.02 $ 427,692.42
$191.512.29
A Public Debt of £200,000 was raised in England by the Crown' Agents for the Colonies in virtue of Ordinance 11 of 1886.
6.-MILITARY EXPENDITURE.
The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the last five years has been as follows:-
1883, 1884,..
1885,
1886,.
1887,...
Military Contribution, exclusive of Defensive Works, and inclusive of Volunteer Corps.
.$111,962.09
.$114,498.78
$117,337.00
$124,561.68
.$128,815.63
Defensive Works.
$ 3.464.64 $ 72.564.45
$217,901.45
$258,444.28
(a.) A loan having been raised during the year.