EXPENDITURE

TO ADMINISTRATION :-

UNIVERSITY OF HONG KONG.

BUDGET ESTIMATES OF INCOME AND

EXPENDITURE FOR 1939.

INCOME

·

BY INTEREST :-

136

Salaries & Superannuation,

Administrative Staff.

63,776.bo

General Administrative Wages

& Expenses

33,036.00

96,812.00

TO DEPARTMENTAL MAINTENANCE:-

Remuneration of Teaching Staff

578,680.00

On Silver Investments

On Sterling Investments

134,166,00 250,160,00

384,326,00

LESS Interest allocated to Special

Endowment Funds &c.,

68,892,00

315.434.00

BY FEES :

Superannuation of Teaching Staff,

72,

.714.00

Departmental Wages

26,634.00

Departmental Staff Provident Fund House Allowances

999.00

45,235.00

Tuition Fees

Hostel Fees

Registration Fees

Leave & Travelling Allowances Departmental Maintenance and

47,936.po

Graduation Fees

Equipment.

35,500.00

807,698.00

University Examination Fees. Matriculation Examination Fees.

190,000,00

50,000,00

660,00

1,600,00

9,800.00

10,000.00

262,050.00

TO LIBRARIES :-

BY SPECIAL FUNDS :-

University Library

24,354.00

Fung Ping Shan Chinese Library

3.348.00

28,202.00

EXPENDITURE RECOVERABLE FROM INCOME

OF SPECIAL FUNDS

TO MAINTENANCE OF PREMISES :-

Rockefeller Foundation Funds

30,000,00

Gas, Water & Electricity

2,800.00

John Swire & Sons Ltd. Benefaction Chinese School Fund

4,000.00

11,600,00

Wages

Crown Rent & Taxes

Insurance

Repairs & Maintenance

TO HOSTEL EXPENDITURE

6,375.00

Fung Ping Shan Chinese Library Fund

2,000,00

47,600.00

335.00

6,000.po

12,000.00

27,510.00

43,000.00

TO MISCELLANEOUS EXPENSES

10,400.00

TO EXAMINATION EXPENSES :-

BY SCHOLARSHIPS :-

Expenditure recoverable from Income of Scholarship Funds, Grants &c., (per Contra)

BY HOUSE RENTS :-

Rents of Staff Quarters

University Examinations Matriculation Examinations

8,600.00

10,000.00

18,600.00

BY HONGKONG GOVERNMENT GRANT

26,820.00

31,425.00

350,000.00

TO SCHOLARSHIPS :-

BY SPECIAL INCOM :-

From University Funds

26,020.00

From Special Funds, Grants &c(per

Consultation Fees Chair of

Obstetrics & Gynecology

Contra

26,820.00

52,840.00

BY MISCELLANEOUS INCOME

TO SPECIAL EXPENDITURE :-

Additional Interest on Sterling

BY ESTIMATED EXCESS OF EXPENDITURE

OVER INCOME

6,000.00

2,000.00

76,733.00

Superannuation

TO INTEREST ON BANK OVERDRAFT.

18,000.00

15,000.00

$1,118,062.00

$1,118,062.00

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