SIR,
1887-1903
COLONIAL REPORTS-ANNUAL.
No. 421
HONG KONG.
(For Report for 1902, see No. 393.)
ACTING Governor to MR. LYTTELTON.
Government House,
Hong Kong,
12th May, 1904.
I HAVE the honour to submit for your information the following general Report on the annual Blue Book for the year 1903.
REPORT ON THE BLUE BOOK FOR 1903.
I - FINANCES.
The revenue for the year, exclusive of Land Sales, amounted to $4,728,692.17, or $398,979.69 more than the previous year. Land Sales amounted to $510,165.71, or $61,195.51 more than in 1902. The total revenue from all sources was therefore $5,238,857.88, or $337,784.18 greater than in any previous year, and $305,562.88 more than the estimate. All the main sources of revenue show an excess over 1902, with the exception of Miscellaneous Receipts and Land Sales, and all items similarly show an excess of actual over estimated receipts, with the exception of Rent of Government Property, Miscellaneous Receipts, and the Water Account. Licences and Internal Revenue not otherwise specified show an excess of $187,836.09, while Fees of Court or Office, &c., and the Post Office yielded over $50,000 and slightly under $30,000 respectively over the estimate.
The expenditure for the year was $4,746,838.44 exclusive of Public Works Extraordinary; inclusive of that item it was $5,396,669.48, or $512,879.03 less than the total expenditure of 1902. Deducting from the actual expenditure for 1903 the total actual receipts, there was a deficit of $157,811.60 on the actual working of the year.
75 Wt 22378 7/1904 D & S 5 18697*
A 2
387
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