28
98
COLONY OF
HONG KONG.
Statement of Revenue in the Year 1949/1950, under
29
Heads and Sub-Heads as Compared with the Estimates.
Heads and Sub-heads.
Estimated.
Actual.
Increase.
Decrease.
$
$
¢
Brought Forward
149,867,000
224,206,391.67
79,683,959.79
5,344,568,12
4
Explanatory Remarks.
9.—REVENUE FROM LAND RENTS, PROPERTIES AND
INVESTMENTS.
1. Buildings and Furniture
500,000
1,378,981.88
878,981.88
2. Gunpowder Storage
30,000
53,130.97
23,130.97
3. Hire of Government Marine
Transport
300,000
471,077,52
171,077.52
4. Hire of Government Motor
Vehicles
100,000
300,839.86
200,839.86
5. Interest
250,000
943,907.61
693,907.61
6. Lands Not Leased (Permits for
Encroachments, etc.)
500,000
2,014,218.22
1,514,218.22
7. Laundries
6,000
6,129.00
8. Leased Lands, (Crown Exclusive of N.T.)
Rent
670,000
695,970.68
9. Leased Lands, (Crown Rent N.T.)
300,000
329,310.18
129.00
25,970.68
29,310.18
10. Markets
950,000
1,150,536.10
11. Piers and Wharves
232,000
261,043.46
12. Pineapple Land Leases
100
13. Stone Quarries
30,000
14. Bathing Beaches
52,385.35 20,610.00
15. Leased Lands, Leases)
(Short Term
12,312.00
12,312.00
119.30
200,536.10
29,043.46
19.30
22,385.35 20,610.00
More rentals collected from requisi-
tioned premises.
Increased tonnage.
Arrears collected.
do.
-
Larger balances available.
More permits granted.
More land sales.
―
do.
Underestimated.
Increase of Rents and a new market
opened at Tai Po.
Under estimated.
More permits issued. New item.
do.
Total
3,868,100
7,690,572.13
3,822,472.13
10. MISCELLANEOUS RECEIPTS.
66,690.00
Variable.
do.
Increased services.
Overestimated,
Diocesan Boys' School repaid $40,000
instead of $2,000 as estimated.
Increased population.
More telephones installed.
1. Other Miscellaneous Receipts
250,000
398,575.66
148,575.66
2. Overpayments in previous years 3. Radio and Telegraph Concession
100,000
1,738,647.15
1,638,647.15
340,000
367,571.16
27,571.16
4. Repayment of Loans to Fisheries
Department
316,690
250,000.00
66,690.00
5. Repayment of Loans to Schools
33,100
76,100.00
43,000.00
6. Royalty payable by the China
Motor Bus Co., Ltd.
750,000
1,506,803.51
756,803.51
7. Royalty payable by the H.K.
Telephone Co., Ltd.
180,000
335,112.35
155,112.35
Carried Forward
Carried Forward
1,969,790
153,735,100
4,672,809.83
2,769,709.83
231,896,963.80
83,506,431.92
5,344,568.12
99