REPORT ON THE FINANCES FOR THE YEAR 1925.
REVENCE.
The total revenue for the year amounted to $23,244,365 being $1,431,665 more than the estimate and $965,275 less than the revenue in 1924.
Compared with that year there were decreases under all the heads except Licences and Interval Revenue, Kowloon Canton Railway and Miscellaneous Receipts of which the first two show slight increases and the last named has been more than doubled.
2. The principal sub-heads showing excess over the estimate were as follows:--
Excess.
(a) Assessed Taxes,...
Carriage, Chair, etc. Licences
...* 297,793
25,220
() Stamp Duties
+
2,331,598
(d) Court Fees
63,782
(e) 1. 0. Message Fees
1+4
21,178
(/) K. C. R. Passenger Service
(Home Line)
84,421
() Rent of Government Buildings.
47,783
(4) Rent of Government Market
26,540
516,129
(i) Other Miscellaneous Receipts..... The above increases were chiefly due to (a) more property assessable (6) greater number of licences issued (c) estate duties collected in respect of large estates (d) more legal proceedings (e) more traffic (7) property resumed and made available for renting (h) new markets opened (i) sule of securities.
3. The principal sub-heads showing deficits compared with the E-timates were as follows:-
Deficits.
Light Dues
22,886
Light Dues, Special Assessment
20,669
Kowloon (West) Ferry Licences,
44,377
Liquor Duties
59,074
Liquor Licences
57,881
Opium Monopoly,
107,619
Pawn Brokers Licences
20,800
Tobacco Duties,
203,141
Deeds Registration
25,331
Medical Examination of Emigrants.
24,020
Sunday Working of Cargo Permits.
60,500
Water Excess Supply & Meter Rents.
61,964
P. O. Postage...
...
95,933
K. C. Railway Pass. Service Foreign
Line
423,647
K. C. Railway Goods Service Foreign
Line
36,381
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