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MONDAY, SEPTEMBER 23, 1985
SHE EXPLAINED THAT THE SYSTEM OF PREPARING ANNUAL FIVE-YEAR FORECAST OF EXPENDITURE AND REVENUE WAS INTRODUCED BY GOVERNMENT SOME YEARS AGO AS A BUDGET MANAGEMENT TOOL. IT CALLS FOR THE PREPARATION, ANNUALLY, OF FIVE-YEAR FORECASTS ON A ROLL-FORWARD BASIS BY ALL GOVERNMENT DEPARTMENTS, WHICH ARE THEN COLLATED AND ASSESSED BY THE FINANCE BRANCH OF THE GOVERNMENT SECRETARIAT.
+ BUT THE 'PAL' FIGURE RELATES TO AND APPLIES ONLY TO THE FIRST YEAR OF THE FIVE-YEAR FORECAST PERIOD, SHE SAID.
REFERRING TO THE $869 MILLION +PAL+, SHE SAID, IT REPRESENTED THE TOTAL RECURRENT EXPENDITURE FOR 1986-87 (EXCLUDING THE COST OF CAPITAL WORK) ESTIMATED BY THE REGIONAL SERVICES DEPARTMENT.
SHE SAID THAT FOLLOWING THE ENDORSEMENT OF THE +PAL+, THE RSD WOULD PROCEED TO PREPARE THE DETAILED DRAFT ESTIMATE FOR 1986-87.
BOARD TO COMMENT ON ACTION AGAINST RIP-OFF+ BARS
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THE CHAIRMAN OF THE URBAN COUNCIL'S LIQUOR LICENSING BOARD, MR PETER C.K. CHAN, WILL MAKE A STATEMENT ON ACTION AGAINST +RIP-OFF+ BARS AT THE BOARD'S MEETING ON WEDNESDAY (SEPTEMBER 25).
DURING THE MEETING, THE BOARD WILL ALSO CONSIDER THE FOLLOWING APPLICATIONS FOR LIQUOR LICENCES FROM :
THE 747 RESTAURANT AND BAR (WINDSOR) IN LOCKHART ROAD, WAN CHAI CHIU CHOW KUI RESTAURANT IN SALISBURY ROAD, TSIM SHA TSUI KHYBER RESTAURANT IN ASHLEY ROAD, TSIM SHA TSUI FOUR SISTERS' CAFE IN MINDEN ROW, TSIM SHA TSUI SEOUL HOUSE RESTAURANT IN HILLWOOD ROAD, TSIM SHA TSUI LYCHEE VILLAGE RESTAURANT IN CAMERON. ROAD, TSIM SHA TSUI SHING YUEN RESTAURANT IN LUNG KONG ROAD, KOWLOON CITY AND HOI KEE RESTAURANT IN LUNG KONG ROAD, KOWLOON CITY.
THE BOARD WILL ALSO DECIDE ON AN APPLICATION BY THE POLICE FOR REVOCATION OF THE LIQUOR LICENCE OF THE GOLDEN PALACE NIGHT CLUB IN NATHAN ROAD, MONG KOK.
NOTE TO EDITORS:
YOU ARE INVITED TO SEND A REPORTER AND/OR PHOTOGRAPHER TO COVER THE MEETING WHICH WILL BEGIN AT THE URBAN COUNCIL CHAMBERS, EDINBURGH PLACE, AT 8.30 A.M. ON WEDNESDAY SEPTEMBER 25.
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