WEDNESDAY, FEBRUARY 27, 1980
14
INCLUDED IN THE TOTAL ESTIMATE FOR CAPITAL EXPENDITURE
ARE $1 817 MILLION FOR THE PUBLIC WORKS PROGRAMME (OTHER THAN
NEW TOWN AND HOUSING), $1 542 MILLION FOR THE SAME PROGRAMME
ON NEW TOWN AND HOUSING, $441 MILLION FOR LAND ACQUISITION AND $1 831 MILLION FOR TRANSFER TO THE DEVELOPMENT LOAN FUND FOR ON-LENDING TO THE HOUSING AUTHORITY.
THE PROVISION SOUGHT FOR THESE FOUR COMPONENTS, OUT OF THE 12 IN THE ESTIMATE, IS $5 631 MILLION, COMPARED WITH THE REVISED ESTIMATE FOR THIS YEAR OF $4 238 MILLION, AN INCREASE OF 33 PER CENT.
SIR PHILIP ALSO QUANTIFIED IN TERMS OF BOTH EXPENDITURE AND PRODUCTION WHAT THE GOVERNMENT WAS DOING TO SOLVE THE COMMUNITY'S HOUSING PROBLEM.
+TOTAL CAPITAL EXPENDITURE ON HOUSING IN 1979-80 19 ESTIMATED TO BE $1 746 MILLION AND, IN 1980-81, IT IS ESTIMATED TO RISE TO $2 981 MILLION AND THESE FIGURES EXCLUDE THE VALUE OF LAND USED BY THE HOUSING AUTHORITY FOR THE RENTED HOUSING PROGRAMME, HE SAID.
THE FORECAST OF PUBLIC HOUSING PRODUCTION IN THE FOUR YEARS, 1980-81 TO 1983-84, AT 142 116 FLATS, EXCEEDS PRODUCTION IN THE PREVIOUS FOUR YEARS BY 72 271 FLATS, OR BY 103 PER CENT.
THESE PRODUCTION FIGURES DO NOT INCLUDE 7 207 HOUSING SOCIETY FLATS AND 2 274 HOME OWNERSHIP (PRIVATE SECTOR PARTICIPATION) SCHEME FLATS EXPECTED TO COME ON STREAM DURING THE SAME FOUR YEAR PERIOD, HE ADDED.
ON ESTIMATED RECURRENT EXPENDITURE, SIR PHILIP NOTED THAT PERSONAL EMOLUMENTS, AT $4 066 MILLION, ACCOUNT FOR 38 PER CENT OF THE TOTAL COMPARED WITH AN HISTORICAL RATIO BASED ON ACTUAL EXPERIENCE IN THE 1970S OF 41 PER CENT.
THE APPROVED ESTABLISHMENT OF THE CIVIL SERVICE SHOWN IN THE DRAFT ESTIMATES IS 141 136, AN INCREASE OF 7 714 POSTS, OR 5.8 PER CENT, ON THE APPROVED ESTABLISHMENT OF 133 422 POSTS AT APRIL 1, 1979.
NO ALLOWANCE IS MADE IN THE PROVISION FOR THE COST OF A REVISION OF CIVIL SERVICE SALARIES IN 1980-81, HE ADDED.
OUT OF THE TOTAL NINE COMPONENTS OF RECURRENT EXPENDITURE, TWO, RECURRENT SUBVENTIONS AND THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE AT $2 707 MILLION WILL ABSORB 25.3 PER CENT OF THE TOTAL, JUST BELOW THE HISTORICAL RATIO OF 26 PER CENT.
THIS IS PARTLY BECAUSE NO PROVISION HAS BEEN INCLUDED FOR GRANTS TO AGENCIES SUBVENTED ON A DISCRETIONARY GRANT BASIS AND TO THE UNIVERSITIES AND POLYTECHNIC FOR SALARY REVISIONS FOLLOWING THE SECOND REPORT OF THE STANDING COMMISSION ON CIVIL SERVICE SALARIES, SIR PHILIP EXPLAINED.
/OVERALL,