to the Hong Kong Dollar and the additional repair works caused by the heavy rainstorm.
Heads 64-67-Public Works Non-Recurrent
over
2.35 All Heads showed substantial increases in expenditure the previous year. The total expenditure under all four Heads in 1972-73 was $773,348,151 which was $239,965,163 or 44.98% higher than in 1971-72. The increase reflects a continuing expansion of the Public Works Programme and higher construction costs resulting from increases in wages and the price of materials.
2.36 The summary at Appendix G provides a comparison of the actual expenditure under each Head with the approved estimates broken down over the main project groupings.
Expenditure-Summary
2.37 The following comparative statement, illustrated graphically at Appendix D, summarizes public works expenditure (excluding military works) over the ten-year period from 1963-64 to 1972-73.
Financial Year Personal Emoluments and Other Charges Recurrent Expenditure Non-Recurrent Total $M $M $M $M 1963-64 51.352 41.145 497.256(1) 589.753 1964-65 61.854 52.021 491.574(2) 605.449 1965-66 72.785 70.332 589.698 732.815 1966-67 84.499 91.506(3) 480.103 656,108 1967-68 95,019 85.922(4) 360.840 541.781 1968-69 110.570 92.589(5) 292.454 495.613 1969-70 122.098 95.555(6) 283.743 501.396 1970-71 138,832 104.856(7) 396.737 640.425 1971-72 153.866 145.540(8) 533.383 832.789 1972-73 189.690 198,273(9) 773.348 1,161.311Note: (1) Includes $49.820M Water Emergency Expenditure. (2) Includes $16.120M Water Emergency Expenditure. (3) Includes $6.009M 'Works executed on private account'. (4) Includes $4.546M 'Works executed on private account'. (5) Includes $2.429M 'Works executed on private account'. (6) Includes $3.024M 'Works executed on private account'. (7) Includes $3.860M 'Works executed on private account'. (8) Includes $5.967M 'Works executed on private account'. (9) Includes $7.657M 'Works executed on private account'.
Additional expenditure statistics will be found in Appendices E, H, I and J. The last two of these show the value of work handled by the
16