A 2
# EXPENDITURE
The total Expenditure came to $7,077,177 or $308,143 under the Estimate and $170,064 under the total for 1910.
The votes for Public Works Extraordinary were unexpended to the extent of $273,219 the actual figure being $807,181, but this is due entirely to the fact that a Suspense Account for Stores was opened, and the value of the stock in hand which was credited to Public Works was $287,637.
The Ordinary Expenditure $6,269,996 was less than the Estimate by $34,924.
The principal increases under this head were:-
(a) Census, $9,110
(b) Miscellaneous, $33,884
(c) Public Works Recurrent, $70,740
(d) Kowloon-Canton Railway, $50,360
(e) Public Debt, $15,398
(f) Pensions, $13,202
Of the above (a) had not been provided for, (b) is accounted for by the new passage scheme for certain Government Servants, the Coronation Contingent, Coronation Festivities and Law Revision, &c., although there was a saving of over $25,000 on Redemption of Subsidiary Coins, (c) by Maintenance of Buildings and Roads and by Typhoon Damages, (d) by increased traffic partly owing to the opening of the line through to Canton, (e) by a portion of the Sinking Fund Contributions in respect of the 1906 Loan having been over-looked, and (f) by additions to the Pension List.
On the other hand there were decreases in most Departments partly owing to the Estimates rate of exchange (1/9) being lower than the average rate for the year (1/93), to some salaries not being wholly required, and to savings on Other Charges.
The principal decreases were:-
Colonial Secretary, $10,570
Harbour Master, $7,731
Judicial, $11,254
Police and Prison, $26,400
Medical, $14,396
Sanitary, $34,192
Education, $26,395
Public Works, $44,047
General Post Office, $34,630
Also a sum of $5,000, Special Expenditure for Fire Alarms, was not required.
The Revenue for the year exceeded the Expenditure by $420,054 as against an anticipated deficit of $298,937, the former sum being the difference between excess of $957,230 on Ordinary and a deficit of $537,176 in the case of Extraordinary items. The Finances were therefore better off than was expected by the sum of $718,991.
Page 30
Page 31