117
98
Comparative Statement of the Estimated and Actual
99
Expenditure of the Colony of Hong Kong for the Year 1949/50.
Heads and Sub-heads.
Estimated.
: Actual.
Over the Estimate.
Under the Estimate.
Supplement- ary Votes.
Special Warrants Nos.
Brought Forward
26.-PRISONS DEPARTMENT, Contd.
$
$
$
101,771,552 100,670,350.43 12,239,471.15
13,340,672.72
14,307,388
3,844,617
3,336,528.08
72,591.63
580,680.55
189,276
Brought Forward
Other Charges,—Contd.
Sub-heads:-
16 Upkeep of vehicles
Special Expenditure
17 Hand looms
35,000
5,000
23,497.63
18 Motor vehicles
50,000
11,502.37
5,000.00
50,000.00
Total: Prisons Department
3,934,617 3,360,025.71
72,591.63
647,182.92
189,276
Less Increase
Net Decrease
72,591.63
574,591.29
27.-PUBLIC DEBT.
Sub-heads:-
14% Conversion Loan 1933
($4,838,000)
Interest
Sinking fund
193,520 165,521
193,520.00 169,692.87
4,171.87
4,173
88
38
2 31% Dollar Loan 1934
($14,000,000)
Interest
205,800
Redemption (1/25th)
560,000
205,800.00 560,000.00
3 31% Dollar Loan 1940 ($11,790,000)
Interest
140,000
138,372.50
1,627.50;
Redemption (1/25th)
472,000
472,000.00
4 31% Rehabilitation Loan 1947/48
($50,000,000)
Interest
1,750,000
Sinking fund
1,750,000.00 500,000 5,500,000.00
5,000,000.00
5,000,000
167
5 Interest and redemption of further issues under Rehabilitation Loan Ordinance 1947
1,500,000
1,500,000.00
Total: Public Debt
5,486,841 8,989,385.37 5,004,171.87
1,501,627.50
5,004,173
Less Decrease
Net Increase
1,501,627,50
3,502,544.37
Carried Forward
111,193,010 113,019.761.51 17,316,234.65
15,489,483.14
19,500,837
Explanatory Remarks.
Fewer repairs than anticipated.
Purchase deferred due to building to
house the looms not completed. Provision was for Prison Camp which
was held in abeyance.
Adjustment
of underpayments
by
Crown Agents due to difference in rate of exchange.
Provision cannot be accurately assessed due to part holding by Public and part by Government.
Additional contributions to Sinking Fund
considered necessary.
Not required.
168
: