Locality.

Kowloon Tsai,..

Fanling, Pingkong,

N 17

Table IV.

NURSERIES.

Expenses. $528.00 402.00 270.00

Total,....... .$1,200.00

Table V.

REVENUE.

REVENUE.

1918. 1917.

$ c. $ c.

Timber Sales, 930.66 2,118.47

Sale of Plants, 392.15 214.70

Loan of Plants,

Forestry Licences,..

Miscellaneous Receipts, 119.94 111.48

4,798.02 4,822.82

Interest on Current Account, 9.36 8.70 6.67 2.42

Fine Fund, ... 25.65 15.90

$6,282.45 $7,294.49

Table VI.

Comparative Statement of Revenue and Expenditure from the years 1909 to 1918.

Years. Total Revenue. Total Expenditure. % of Revenue to Expenditure. $ C. $ C. % 1909 43,694.46 11,441.51 26.12 1910 41,707.95 13,230.59 31.72 1911 45,750.85 7,769.82 16.98 1912 39,865.18 2,304.91 5.78 1913 48,745.88 8,352.06 17.13 1914 49,095.97 6,934.21 14.12 1915 49,404.56 6,871.67 13.91 1916 47,325.89 7,034.67 14.86 1917 51,253.82 7,294.49 14.23 1918 51,967.08 6,282.45 12.09
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