1904-1919
COLONIAL REPORTS-ANNUAL.
No. 451.
HONG KONG.
(For Report for 1903, see No. 421.)
GOVERNOR SIR. M. NATHAN to MR. LYTTELTON.
Government House,
Hong Kong,
3
2nd June, 1905.
SIR-I have the honour to submit for your information the following general Report on the annual Blue Book for the year 1904.
I-FINANCES.
The revenue for the year, exclusive of Land Sales, amounted to $6,322,949.35, or $1,594,257.18 more than the previous year. Land Sales amounted to $486,098.64, or $24,067.07 less than in 1903. The total revenue from all sources was therefore $6,809,047.99, or $1,570,190.11 greater than in any previous year, and $200,739.99 more than the estimate. All the main sources of revenue show an excess over 1903 with the exception of the Post Office, Miscellaneous Receipts, Water Account and Land Sales, and all items similarly show an excess of actual over estimated receipts, with the exception of Post Office, Miscellaneous Receipts, and the Water Account.* Licences and Internal Revenue, not otherwise specified show an excess of $283,757.78, while Fees of Court or Office, &c., and Rent of Government Property yielded over $25,000 and slightly under $6,000 respectively over the estimate.
The expenditure for the year was $4,993,421.18 exclusive of Public Works Extraordinary; inclusive of that item it was $6,376,235.30, or $979,565.82 more than the total expenditure of 1903. Deducting from the actual expenditure for 1904 the total actual receipts, there was a surplus of $432,812.69 on the actual working of the year.
This account was formerly credited with 2 per cent. of the rates levied in those Districts which are supplied with filtered water.
75 Wt 23792 7/1905 D&S 5 22023*
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