HKG-CAR1887-1903

1887-1903

HONGKONG.

93

REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1891,

Laid before the Legislative Council by Command of His Excellency the Governor, on the 23rd May, 1892.

1.-TAXATION.

There have been no changes under this head.

2.-REVENUE AND EXPENDITURE.

The Revenue amounted to $2,025,302.51, or excluding premiums from Land Sales and Water Account to $1,907,054.43; and the Expenditure amounted to $2,419,086.26, including Extraordinary Works; excluding these, to $1,868,073.26. The revenue has been classified in conformity with the instructions of the Secretary of State for the Colonies.

Year.

The Revenue and Expenditure for the past five years have been :-

Revenue. Premiums from Land. Ordinary Expenditure. Extraordinary Expenditure, including Defensive Works. Water Account receipts. Water Account Expenditure. 1887 $1,427,485.79 $155,238.02 $1,278,181.68 $744,820.38 1888 1,557,300.03 160,688.64 1,461,459.64 530,870.03 1889 1,823,549.13 154,725.60 1,459,167.16 374,551.63 1890 1,995,220.47 16,638.80 1,517,843.05 397,507.42 1891 1,907,054.43 51,761.47 1,868,073.26 514,526.39 $66,486.61 $66,486.61

3.-LOCAL REVENUES.

The Chinese inhabitants contributed in 1891, by voluntary assessment among themselves, to the pay of the District Watchmen,....

and received from the Government for the same object a grant-in-aid of.

4.-ASSETS AND LIABILITIES.

$7,209.76 2,000.00

On the 31st December, 1891, the assets of the Colony exceeded its liabilities by $231,177.51 The surplus assets in:

1885 were

1886 the liabilities exceeded the assets by

1887 the surplus assets were

1888

1889

1890

1891

1885 $427,092.42 1886 $191,512.29 1887 $631,374.08 (a) 1888 $360,649.76 1889 $505,109.87 1890 $309,732.25 1891 $231,177.51

5.-PUBLIC DEBT.

No new loan has been raised,

Amount of present Loan, £200,000. Amount of Sinking Fund, £34,053. 8s. 3d.

6.-MILITARY EXPENDITURE.

The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the last seven years has been as follows :-

Year Military Contribution, exclusive of Defensive Works, and inclusive of Volunteer Corps. Defensive Works. 1885 $117,337.00 $68,153.45 1886 $124,561.68 $217,901.45 1887 $128,815.63 $258,441.28 1888 $134,594.68 $62,115.90 1889 $134,261.12 $63,753.73 1890 $124,646.96 $5,082.92 1891 $421,002.01 (b) $20,005.45

(a) A loan of £200,000 having been raised during 1887 to be paid off on the 1st of March, 1907.

(b) The Military Contribution was doubled from 1st January, 1891, and the arrears for 1890 were paid in 1891.

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