Ord. 43.02.
Ord. 34/02.
44
Statement II.
Corrected estimate of the military contribution after deduction of the Railway Special Expenditure, 1904-05.
Gross Revenue Deduct:--
40
be deducted on capital expenditure which has been met from current revenue if that expenditure has itself been previously deducted from revenue for the purpose of calculating the military contribution of past years. I should, accordingly, be glad to receive a statement at an early date showing what sums, if any, have been so deducted since 1897.
Rs.
Rs. 10,269,970.00
Revenue. Land Sales
350.00
Mare-aux-Vacoas
40,000.00
34917
Interest on Planters' Loan
241,697.00
Interest on Tramway Loan
387,810.00
Expenditure, Railways
2,524,641.00
3,194,498.00
Revenue on which contribution of 5 per
cent. is to be levied
7,075,472.00
(No. 375.) SIR,
Result
Rs. 389,150.96
I have, &c.,
ALFRED LYTTELTON.
STATEMENT III.
Revised estimate of the military contribution for the financial year, 1904-05.
Rs.
Gross Revenue Deduct :-
Revenue, Land Sales
Ord. 43/0%.
Ord. 34/02.
Mare-aux-Vacoas
Interest on Planters' Loan... Interest on Tramway Loan Expenditure, Railways (working ex- penses and Interest and Sinking Fund Charges, &c.)
Four per cent. on Rs. 464,481.34 (Rail- ways built out of Current Revenue)
Rs.
350.00 40,000.00 241,697.00
Rs. 10,269,970.00
No. 47. CEYLON.
THE GOVERNOR to THE SECRETARY OF STATE. (Received 8 October, 1904.)
The King's Pavilion, Kandy, Ceylon, 20th September, 1904. I HAVE the honour to acknowledge receipt of your despatch, No. 176, of 17th May last, intimating that it has been decided, in assessing the military contribution payable by this Colony as from 1st January last, to make a deduction from gross railway revenue for a period of 50 years at the rate of four per cent. on all capital which has been or may hereafter be found from current revenue or surplus balances.
2. As desired in paragraph 5, I have the honour to forward a revised estimate of the military contribution for the current year calculated on the above basis.
3. The request made in paragraph 4 will be complied with.
I have, &c.,
HENRY A. BLAKE,
Governor.
387,810.00
Enclosure in No. 47.
REVISED ESTIMATE OF MILITARY CONTRIBUTION FOR 1904.
Rs.
Rs.
Rs.
2,524,641.00
Estimated revenue for 1904 Add Pearl Fishery receipts
28,651,370 1,065,751
18,579.25
2,543,220.25
29,717,121
3,213,077.25
Deduct Land Sales
Railway revenue
679,500 8,691,800
Revenue on which contribution of 5 per
cent. is to be levied
9,371,300
7,056,892.75
Result
Rs. 388,129.10
Add net railway revenue arrived at thus:
Gross revenue
20,345,821
8,691,800
32590
Deduct railway expenditure exclusive of
new works
4,569,021
No. 45.
(No. 250.) SIR,
No. 48. MAURITIUS.
THE SECRETARY OF STATE to THE GOVERNOR. [Answered by No. 59. |
Downing Street, 3 October, 1904. I HAVE the honour to acknowledge the receipt of Sir G. Bower's despatch, No. 292, of the 8th of August,* forwarding a copy of a minute with annexures from the Auditor-General giving revised estimates of the military contribution for the current financial year.
2. It appears from Mr. Dick's minute that the amount given in the Estimates for the year was calculated in an improper manner, since, in estimating the net assessable railway revenue under Ordinance No. 32 of 1897, sums expended out of revenue on the construction of new railway lines were deducted from railway revenue as if they were charges for the working expenses and maintenance of the railways.
3. It is not clear whether this course has been adopted in the past. If so, it would, of course, be impossible that under the new arrangement four per cent. should
Military contribution for 1904
Audit Office,
Colombo, 25th August, 1904.
• No. 39.
Interest and sinking fund on railway
loans
1,848,023
Four per cent. of contribution from revenue towards railway construc- tion vide Statement A.
904,448
7,321,492
Net railway revenue
1,370,308
21,716,129
91
F. R. ELLIS,
195,445,161
+ 10,858,064
206,303,225
Auditor-General.
i
I
**
PUBLIC RECORD OFFICE
Reference :-
6
TTIC.O. 882
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