FRIDAY, MAY 3, 1974
JANUARY ACCOUNTS SHOW $185 MILLION SURPLUS
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THE GOVERNMENT ACCOUNTS FOR THE MONTH OF JANUARY 1974 SHOW A SURPLUS JF $105 MILLION COMPARED WITH A SURPLUS OF $343 MILLION IN JANUARY LAST YEAR.
THIS HAS RESULTED IN A TOTAL SURPLUS OF $325 MILLION FOR THE FIRST TÊN MONTHS OF THE FINANCIAL YEAR 1973-74.
TOTAL REVENUE FOR THE MONTH AT $630 MILLION WAS $81 MILLION LESS THAN IN JANUARY 197) LARGELY AS A RESULT OF LOVER RECEIPTS FROM STAMP DUTIES AND LAND PREMIA. THE TOTAL REVENUE FOR THE FIRST TEN MONTHS OF THE FINANCIAL YEAR 1973-74 WAS $4.178 MILLION
$235 MILLION MORE THAN THE SAME PERIOD THE PREVIOUS YEAR.
TUTAL EXPENDITURE AMOUNTED TO $445 MILLION, AN INCREASE OF $77 MILLION OVER THE SAME MONTH LAST YEAR. THIS BRINGS THE TOTAL EXPENDITURE FUR THE FIRST TEN MONTHS OF THE FINANCIAL YEAR TU $3,853 MILLION, WHICH WAS $812 MILLION MORE THAN THE SAME PERIOD THE PREVIOUS YEAR.
TAI PO TAU TREATMENT WORKS
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EXTENSION WORK HAS BEEN COMPLETED ON THE TAI PO TAU TREATMENT WORKS, DUUBLING THE DAILY OUTPUT OF FRESH WATER TO MEET THE INCREASING DEMAND FROM SHEUNG SHUI, TAI PO AND FANLING RESIDENTS.
THE NEW INSTALLATIONS INVOLVED IN THE WORK, WHICH BEGAN AT THE BEGINNING OF LAST YEAR AND TOOK 15 MONTHS TO COMPLETE, CONSIST OF ONE CLARIFIER AND TWU SAND FILTERS WHOSE OUTPUT IS SIX MILLION GALLONS PER DAY.
THE CAPACITY OF THE WORKS HAS NOW INCREASED FROM SIX MILLION GALLUNS TO 12 MILLION GALLONS PER DAY.
THE COST OF THE PROJECT, INCLUDING THE SUPPLY AND INSTALLATION
OF THE TREATMENT PLANT, IS $3.5 MILLION.
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A SPOKESMAN FOR THE PUBLIC WORKS DEPARTMENT SAID WORK WILL SOON START ON THE NEXT STAGE OF THE EXTENSION OF THE SHEUNG SHUI/ TAI PU WATER SUPPLY SYSTEM WHICH WILL CUMPRISE THE CONSTRUCTION OF A SERVICE RESERVOIR AND THE LAYING OF MAINS.
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