43

revenue estimated.

for

next

year

and the payment

of

the demand

is made up of premiums on intended land sales at Causeway Bay, and probable proceeds of sale

of

old central Police Station


on completion of new building; and it is quite possible, 1st, that the amount has been overestimated, and 2nd, that a large proportion of it may not be realized before the close of 1865.

Ward(ed)

The expenditure which is taken at $779,426 has been cut down to the lowest possible point consistent with the continuance of the works sanctioned by Her Majesty's Government,

made by the same authority for

Military contribution

The gross

expenditure may be classified

as

follows:-

Ordinary expenditure # 466,336

Public Works

Military Contribution

221,090

92,000.

Total $779,426

The increase in ordinary

expenditure is almost entirely caused by the principal Mint Salaries which have been added to the Civil List, and by additions to the Police and Lighting expenses,

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