HONGKONG.
THE ASSESSOR'S REPORT ON THE ASSESSMENT FOR 1896-97.
Laid before the Legislative Council by Command of His Excellency the Governor.
493
No.
..
I
ASSESSOR'S OFFICE,
21st July, 1896.
SIR,-I have the honour to submit my Report on the Assessment for the year 1896-97.
2. By order of His Excellency the Governor in Council I have made a new Valuation of the City of Victoria, the Hill District, Kowloon Point, Yaumati, Ma Ti, Hung Hom, Shau Ki Wan and Aberdeen.
3. The result of the new Valuation is that the Rateable Value of the Colony as a whole has been increased by $131,073 equivalent to 3.54 per cent.
4. Comparing the new Valuation with that for the past year (1895-96) the results are as under :-
(a.) In the City of Victoria an increase in Rateable Value of $86,852 equal to 2.74 per cent. (b.) the Hill District an increase of
(c.)
31
13
Kowloon Point an increase of.......................
(d.) Yau Ma Ti an increase of.........
27
(e.) Ma Ti a decrease of
**
(f.) ,, Hung Hom an increase of.......
(g.) Shau Ki Wan an increase of..
27
(h.) Aberdeen an increase of
""
5
16,775
18.41 ""
""
8,355
7.79 ፡፡
15,921
36.17
"}
741 2,355 1,467°
33.22 >>
23.
3.04
79
6.61
79
0.35
"J
5. In the Hongkong Villages, i. e., all the Villages or places on the Island excluding those mentioned in paragraph 4, there is an increase of $3,008 or 2.92 per cent., owing to new and improved
tenements.
6. In Kowloon Villages, i. e., the Kowloon Peninsula excluding places referred to in paragraph 4, there is a decrease of $2,998 or 4.62 per cent. arising from tenements pulled down, and an adjustment of the boundaries of Yaumati, whereby a portion of Ma Ti and a place known as Kung Chung have been transferred.
7. During the period from 1st July, 1895, to 1st June, 1896, Interim Valuations have been inade as follows:-
:
In the City of Victoria.
67 new tenements, rateable valuable
$ 46,930
67 improved tenements, rateable value........... Replacing Assessments, amounting to
$ 30,880 21,820
9,060
172 Assessments cancelled, tenements pulled down
Increase in City of Victoria ............
In the Rest of the Colony.
141 new tenements, rateable value
19 improved tenements, rateable value Replacing Assessments, amounting to
208 Assessments cancelled, tenements pulled down
Increase in Rest of Colony
$ 55,990 36,445
.$ 19,545
$ 19,462
..$ 2,408 1,584
824
$ 20,286 4,751
.$ 15,535