STATEMENT No. 1
PUBLIC WORKS DEPARTMENT
Statement of Waterworks Revenue & Expenditure for the financial year 1948/49.
EXPENDITURE
REVENUE
1947/48
1947/48
1. Staff and General office charges
440,638
1. Personal Emoluments
$ 521,655
59,288
2. Other Charges
68,958
2% of the General Rate credited to Waterworks
Chargeable water
$1,733,459 $1,121,626
6,206,087
5,591,010
II. Maintenance charges
Licences
2,250
1,905
2,042,574
3. Supply, distribution, and general maintenance
III. Renewals and Improvements Fund
2,043,313
Supervision charges
69,669
41,139
Miscellaneous
34,931
33,071
402,205
4. Contributions for 1948/49
391,898
IV. Additional charges not in Waterworks Estimates
5. Rehabilitation and Cost of Living Allowances
Monthly paid staff
$255,339
1,259,798
Daily paid staff
990,515
1,245,854
50,000
6. Printing, stationery, office furniture (estimated)
50,000
10,000
7. Administration, accounting, etc.
30,000
8. Pensions and gratuities to wages staff
8,074
65,000
9. Pensions contributions, revised constant
100,090
45,000
10. Passages (annual proportion)
42,605
11. Loan charges-Waterworks proportion
1927 4% Loan Interest
$140,000
Sinking Fund
120,750
1934 3½% Conversion Interest
224,855
Redemption
535,369
1948 R.L. Loan, Redemption and
Interest on $3,434,842
213,901
1,408,262
1,005,986
Total Loan charges
1,234,875
V. Balance, surplus revenue over Expenditure
2,309,074
$6,788,751
$8,046,396
$8,046,396
$6,788,751