128

A

The principal items of this capenditure were the passages of 2 officers appointed

Senicz from outside the Hong Konfines of certain repairs to the Praya & Gor= Vessel sin

necessitated by a typhoon late in the year; & these latter

Specially voted to the Council at the time (vide proceedings of Leg : Council ) _

Exhenses were

The latimates may therefore be Sanctioned of the Ordinance confirmed

Act: 914,976

The net result of the year's finances was satisfactory: the Revenue exceeded the Sat: 89,575) Estimate by banky $123,140, though the largest portion of this was due to the Interest in

was

the Special Fand, which the Aaditor General

to be transferred to that account; if Says would have been simpler never thave inchided it in Revenue at all.

Land Revenue was

One other

item perhaps deserver remark - the actual

$6876 less than was estimated, the explanation given is "The decrease was Caused by non-payment of Ment by Mr Sharp, this gentleman is now indebted in the sum of $16000

for arrears of rent."

2.957,818 was on bet: 877224

On the other side the actual cxpenditure the whole under the Batimate by $60,000 principally due to the Police Force having been below it's authorized strength, & to many of the Works not being undertaken or finished for which provision had been made

There was thus

A

surplus of income over expenditure of #37,000, instead of a deficit as the betimates presented of $4,000;

the

excess of Assets over Liabilities was raised from $123,000 to $154,000 after crediting the Special Fand with the amount due to it which had been put down as Revenue -

Ordinances

As to the Form of the trusting Minnes I think his R. Macdonnell should be tote that For the future the votes in sach Department For Latablishments and Services Tactuaire of Establishments' should be specified separately in the Appropriation Ordinance.

in the Straits much more than this has been required, ing : that each particular

detail should appear in the Ordinance; I do not

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