30
59
APPENDIX
STATEMENT OF REVENUE IN THE YEAR 1948/49, UNDER HEADS AND
No. V.
SUB-HEADS AS COMPARED WITH THE ESTIMATES
Heads and Sub-heads.
Estimated.
Actual.
G.
Brought Forward
143,726,850
182,033,161.81
10.--MISCELLANEOUS RECEIPTS,-Contd.
Over the
Estimate.
$
Under the Estimate.
C.
$ c.
7,291,184.76
45,597,496.57
Explanatory Remarks.
Brought Forward
1,151,000
3,289,126.23 2,138,126.23
Royalty payable by the H.K. Tramway Co., Ltd. |
750,000
869,607.37 119,607.37
Increased traffic and population.
Royalty payable by the H.K. & Yaumati Ferry
Co., Ltd.
400,000
408,724.12
8,724.12
Improved services and more traffic.
Royalty payable by the Kowloon Motor. Bus Co.,
Ltd.
1,800,000
Royalty Mining Royalties
100
2,198,828.36
19,118.60
398,828.36
19,018.60
do.
-
Nominal estimate. Mining operations resumed during the year
Total
4,101,100
6,785,404.68 2,684,304.68
11.-COLONIAL DEVELOPMENT AND
WELFARE GRANTS.
D.924 Reclamation at Aberdeen
400,000
63,111.30
D.925 Landing Facilities at Kennedy Town
160,000
109,576.31
D.994 Village Agricultural Depôts--
Capital Expenditure
Recurrent Expenditure
R. 94 Fisheries Research
Total
31
336,888.70 Reimbursement from C. D. & W. funds of the actual expenditure to 31.3.49.
Work on the scheme had to be deferred until late in the year.
50,423.69
Reimbursement from C. D. & W. funds of actual expenditure to 31.3.49. Scheme
revised and cost reduced below original estimate.
856.00
37,926.40
4,089.07
856.00
37,926.40
4,089.07
560,000
215,559.08
387,312.39
New scheme.
31.3.49.
Reimbursement from C. D. & W. funds of actual expenditure to
New item, covered by corresponding expenditure.
C. D. & W, funds.
Further sums still due from
12.-LAND SALES.
Premia on New Leases; Hong Kong
Kowloon
11
New Kowloon
13
New Territories
2,000,000
500,000
500,000
20,000
3,136,521.95 1,136,521.85
446,883.66
2,106,343.00 1,606,343.00
210,080.97 190,080.97
Bigger demand and higher land values.
53,116.34 Overestimated.
-
Bigger demand and higher values.
Exceptional increase in number of leases issued and in land values.
Total
3,020,000 5,899,829.48 2,932,945.82
53,116.34
Grand Totals
151,407,950
194.933.955.05 51,257,618.54
7,731,613.49
60