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1.-FINANCES,
The revenue for the year amounted to $21,131,582 being $235,161 less than the estimate and $2,112,783 less than the revenue for the previous year.
Compared with the returns for 1925 there were decreases under all the heads except Kowloon-Cauton Railway, Licences and Internal Revenue and Miscellaneous Receipts.
The expenditure amounted to a total of $23,524,716 inclusive of a sum of $4,720,000 spent on Public Works Extraordinary.
The detailed figures for 1926 are set out in the following statements:-
Military Expenditure exceeded the estimate by $173,824.
EXPENDITURE.
$
C.
Governor
115,162.79
Cadet Service
292,521.50
Junior Clerical Service
669,125.82
Colonial Secretary's Department and Legis-
lature -
55,136.12
Secretariat for Chinese Affairs
8,147.42
Audit Department
45,609.05
25,045.11
Harbour Master's Department
619,442.78
667,665.32
Treasury
Imports & Exports Department
Royal Observatory Miscellaneous Services
Judicial and Legal Departments -
Police Force
45, 158.87 990,467.63
267,171.45
1,745,084.97
HEADS OF REVENUE.
C.
Fire Brigade
206,232.50
Light Dues
Light Dues, Special Assessment -
110,543.80
127,655.26
Prison Department
472,337.42
Medical Department
723,228.88
Sanitary Department
569,392.24
Botanical and Forestry Department
87,541,09
Licences and Internal Revenue not otherwise
Education Department
910,063.09
specified
14,020,850.58
Military Expenditure
4,247,038.00
Fees of Court or Office, Payments for specific
Public Works Department
1,248,864.89
Do.
Recurrent
purposes, and Reimbursements in Aid -
1,822,816.80
1,188,587.15
Post Office
766,539.87
Kowloon-Canton Railway
538,044.73
Rent of Government Property, Land, and
Houses
1,264,799.24
Interest
237,443.67
Miscellaneous Receipts
2,290,775.73
Do.
Port Development Department
Port Works Extraordinary
Post Office -
Kowloon-Canton Railway
Charge on Account of Public Debt Pensions
Charitable Services
TOTAL
Extraordinary
4,720,000,19
59,299.30
526,670.93
120,848.45
766,402.88
803,272.29
578,765,67
115,842.01
- $28,524,715.91
TOTAL, (Ordinary)-
Land Sales, (Premia on New Leases)
$20,845,240.03
280,341.61
TOTAL
$21,131,581.64
The total expenditure brought to account amounted to $23,524,716 being $265,899 less than the estinate, and $4,724,102 less than the expenditure in 1925. Miscellaneous Services exceeded the estimate by $230,130 chiefly on account of the upkeep of emergency organisations brought into existence by the political situation.
The balance to the debit on the year's working was $2,303, 134 and the assets and liabilities account showed on the 31st December a credit balance of $3,486,290.54.
The following is a statement of the revenue and expenditure of the Colony for the five years 1922-1926 :-
Revenue.
Expenditure.
S
1922
22,291,065
18,563,003
1923
24,783,763
21,571,905
1924
24,209,640
26,726,428
1925
23,244,365
28,266,870
1920
21,131,582 23,524,716
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