Enclosure No. 4.
Aberdeen Water Scheme.
The Expenditure for the Aberdeen Water Scheme is estimated
to be as follows:-
1928
$ 627,000.00
1929
1,000,000.00
1950
1,000,000.00
$2,627,000.00
No Loan Funds are available for these works pending the
raising of a new loan but it is proposed to finance the scheme
from Surplus Balances until such time as a further loan is
available.
The financial position is as follows:-
Estimated liquid balances available
at 31st December, 1928 (see enclosure No.3) - $3,000,000.-
Required for Aberdeen Scheme during 1928
(see above)
Leaving a Balance at 31.12.28
Required for authorized
Loan Works during 1929
(see enclosure No.2)
Balance on Loan Account
$836,299.00
1.1.29 (see enclosure No.1) 773,368.00
627,000.-
$2,373,000.-
Balance to be provided
from Surplus Balances
during 1929
62,931.00
Required for Aberdeen
Scheme during 1929 (see
above)
1,000,000.00
1,062,931.-
$1,310,069.-
Estimated liquid balance at the olst of
December, 1929, available for balancing the Budget for the year 1929.
Hote. The above statement excludes the amount shewn under
1930 (enclosure No.2) for Shing lun Valley Scheme, Harbour Pipe and Garden Reservoir, work in abeyance.