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Hong Kong Annual Administration Reports, 1841-1941
PAPERS RELATING TO
The revenue and expenditure for the past five years have been:
Year Revenue Premiums from Land Ordinary Expenditure Extraordinary Expenditure, including Defensive Works 1883 $1,289,448.29 $25,718.65 $1,162,247.14 $180,052.10 1884 $1,173,071.48 $19,695.00 $1,254,034.77 $340,763.62 1885 $1,251,889.70 $66,058.50 $1,146,103.15 $475,147.24 1886 $1,307,977.74 $34,731.50 $1,195,236.81 $825,624.84 1887 $1,427,485.79 $155,238.02 $1,278,181.68 $744,820.383.-LOCAL REVENUES.
The Chinese inhabitants contributed in 1887, by voluntary assessment among themselves, to the pay of the district watchmen $3,012.17, and received from the Government a grant in aid of $2,000.00.
4.-ASSETS AND LIABILITIES.
On the 31st December 1887 the assets of the Colony exceeded its liabilities by $631,374.08.*
The surplus assets in:-
1883 were $1,067,200.52 1884 $729,562.02 1885 $427,692.42 and in 1886 the liabilities exceeded the assets by $191,512.295.-PUBLIC DEBT.
A public debt of 200,000l. was raised in England by the Crown agents for the Colonies in virtue of Ordinance 11 of 1886.
* A loan having been raised during the year.