# REPORT ON THE ASSESSMENT FOR THE YEAR 1930-1931.

1. By Order of His Excellency the Governor in Council a new valuation of the whole Colony has been made and the Rateable Value has thereby been increased from $31,617,566 to $33,069,602 an addition of $1,452,036 or 4.59 per cent.

2. The following Table gives a comparison of the Assessments for years 1929-1930 and 1930-1931 :-

DISTRICT. VALUATION 1929-1930. VALUATION 1930-1931. INCREASE. PER CENT. The City of Victoria, Hill District, Shaukiwan, Saiwanho, and Quarry Bay, $22,741,241 $23,316,978 $575,734 2.53 Hong Kong Villages, $1,331,753 $1,455,616 $176,508 7.18 Kowloon Point, Yaumati, Mongkoktsui, $1,666,890 $1,750,345 $83,455 - $1,802,620 $1,868,604 $65,984 - Hunghom & Hok Un, $1,231,426 $1,417,806 $186,380 - Kowloon Villages, $628,015 $652,120 $24,105 - $224,242 $289,322 $65,080 - New Territories, $964,301 $1,138,791 $174,490 10.90 Total $6,417,494 $7,117,288 $699,794 - $31,617,566 $33,069,602 $1,452,036 4.59

3. The number of tenements reported to be vacant averaged about 144 monthly, as compared with 192 last year.

4. During the year ending 28th May, 1930, 1168 Interim Valuations were made as follows:-

CITY OF VICTORIA. REST OF COLONY. New or rebuilt tenements and tenements structurally altered No. 247
Rateable Value $489,210 No. 773
Rateable Value $630,495 Assessments cancelled, tenements resumed, pulled down or being in other respects not rateable No. 62
Rateable Value $150,810 No. 86
Rateable Value $60,805
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