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GOVERNMENT ACCOUNTS FOR NOVEMBER 1976
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THE GOVERNMENT ACCOUNTS FOR THE MONTH OF NOVEMBER SHOW A SURPLUS OF $392 MILLION AS COMPARED WITH A SURPLUS OF $246 MILL FON (EXCLUDING LOANS) IN NOVEMBER 1975.
THIS HAS RESULTED IN AN ACCUMULATED DEFICIT OF $91 MILLION FOR THE FIRST EIGHT MONTHS OF THE FINANCIAL YEAR, COMPARED WITH A DEFICIT OF $357 MILLION FOR THE SAME PERIOD LAST YEAR.
GROSS EXPENDITURE AT $498 MILLION WAS $63 MILLION MORE THAN IN NOVEMBER 1975.
TOTAL REVENUE AND RECEIPTS AT $890 MILLION WAS $209 MILLION MORE THAN THE SAME MONTH LAST YEAR, DUE MAINLY TO INCREASED RECEIPTS FROM DUTIES, INTERNAL REVENUE AND MOTOR VEHICLE TAXES.
TWO MORE MONEY CHANGING SHOPS FOR KAITAK
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TENDERS ARE BEING INVITED FOR THE SEPARATE TENANCIES OF TWO SHOP PREMISES TO BE USED AS MONEY CHANGERS IN THE PASSENGER TERMINAL BUILDING AT KAI TAK AIRPORT.
THE TENANCIES ARE FOR A PERIOD OF THREE YEARS COMMENCING
ON OR ABOUT APRIL 15 THIS YEAR.
ONE SHOP OF ABOUT 70 SQ. FT. IS LOCATED IN THE NEW EXTENSION TO THE TERMINAL BUILDING AND THE OTHER MEASURING ABOUT 140 SQ. FT. IS IN THE EXISTING TERMINAL. BOTH SHOPS ARE SITUATED AT THE DEPARTURES LEVEL.
A SPOKESMAN FOR THE CIVIL AVIATION DEPARTMENT PREDICTED THAT AN INCREASE IN THE VOLUME OF AVIATION BUSINESS COULD BE EXPECTED DURING THE THREE-YEAR TENANCY PERIOD.
HE ESTIMATED THAT THE PRESENT DAILY AVERAGE OF ARRIVING AND DEPARTING PASSENGERS WAS ABOUT 12,000, AND THAT THIS FIGURE WILL GO UP AT A RATE OF BETWEEN FIVE AND 10 PER CENT A YEAR.
ACCORDING TO A NOTICE PUBLISHED IN THE GAZETTE TODAY (FRIDAY), TENDERS MUST BE SUBMITTED TO THE TENDER BOARD BEFORE NOON ON FRIDAY, FEBRUARY 25.
FURTHER DETAILS MAY BE OBTAINED FROM EITHER THE CIVIL AVIATION DEPARTMENT HEADQUARTERS AT THE NEW RODNEY BLOCK, QUEENSWAY, OR THE AIRPORT GENERAL MANAGER AT KAI TAK,
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