100

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Comparative Statement of the Estimated and Actual

Expenditure of the Colony of Hong Kong for the Year 1948/49.

Heads and Sub-heads

Estimated

Actual

Over the Estimate

Under the Estimate

Supplementary

Votes

S

$

$

$

$

Brought Forward

99.255.619

120.994.123.36

33,265,966.85

11.527.462.50

36.542.320.27

PRISONS DEPT.,-Contd.

Brought Forward

1.900.566

1.498,111.63

5,527.58

407.981,95

5.528.00

Other Charges,-Contd.

Sub-heads:-

12. Stores and equipment

95,000

143,954.69

48.954.69

70.000.00

S.Ws, 169 &

322B.

13.

Subsistence of prisoners

1,400.000

1.296.859.19

103,140.81

14. Travelling expenses

7.000

8.893.80

1.893.80

2.100.00

S.Ws. 182B &

273B.

15. Uniforms

80.000

50.390.76

29.609.24

16. Upkeep of vehicles

35,000

31,771.23

3.228.77

Special Expenditure,

17. Honorarium to Mrs. Jorge

Explanatory Remarks

More materials required for the manufacture of articles and higher cost

of materials than estimated.

Lower cost than estimated.

More travelling required.

Issues restricted.

Fewer repairs done.

467.59

467.59

480.00

S.W. 223.

New item.

Total: Prisons Department

3,517,566

3.030.448.89

56.843.66

Less Increase

543.980.77

56.843.66

487.117.11

78.108.00

Net Decrease

25.-PUBLIC DEBT.

Sub-heads:

1.

4% Conversion Loan 1933

(£4,838,000):

Interest

193,520

193.520.00

Sinking Fund

165,521

165.520.07

.93

2. 3% Dollar Loan 1934

($14,000,000):

Interest

225.400

225.400.00

Redemption (1/25th)

560.000

580.000.00

3. 34% Dollar Loan 1940

($11,790,000):

Interest

146,000

145.460.00

540.00

Redemption (1/25th)

Carried Forward

472.000

1,762,441

470,000.00

1.759.900.07

2.000.00

2,540.93

Carried Forward

102.773.185

124.024,572.25

33.322,810.52

12.071,423.27

36.620.428.27

Provision cannot be accurately assessed due to part holding by Public

and part by Government.

Drawing reduced to compensate for previous overdrawings.

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