SANITARY WORKS-EXTRAORDINARY.
1.-Steam Dredger,
$ 20,000
2.-Reclamation of Causeway Bay (this year),
15,000
3.-New Central Market (this year)....
150,000
4.-Drainage and Sewerage (this year),
43,158
5.-Other Sanitary Works (this year),.
46,550
6.-Estimated Expenditure (next year) on Sanitary Works and Buildings, Drainage, &c.,
172,000
Other Sanitary Works recommended in Mr. CHADWICK'S Report, to be undertaken after 1884, about,.
553,292
$1,000,000
For these Extraordinary Sanitary Works, which will also require several years to complete, a further sum estimated at $1,000,000 is required. It seems a proper course to adopt to defray these extraordinary works from a loan, which, however, need not be raised until the available assets have been exhausted, that is, not before the year 1885. It has been suggested therefore, and the Finance Committee have approved the suggestion, that the money required for these extraordinary works should be advanced from reserved balances, to be subsequently refunded when the loan has been effected. The reserved balances would then remain available for defraying ordinary expenditure on Public Works, as well that on the Taitam Water Works, which, according to the Secretary of State's instructions, was to be paid for out of the Special Fund now included in these balances.
There is another large Public Work under consideration, the execution of which has also been recommended by the Finance Committee, viz., the continuation of the Praya Wall and roadway in front of the properties of the Naval and Military Authorities. The cost of this work, estimated at $230,000 will, if sanctioned by the Secretary of State, also have to be met by means of a loan, which, in such case would have to be raised for a million and a quarter dollars, not much more than one year's revenue of the Colony.
W. H. MARSH, Colonial Secretary and Auditor General.
SANITARY WORKS-EXTRAORDINARY.
1.-Steam Dredger,
.$ 20,000
2.-Reclamation of Causeway Bay (this year),
15,000
3.--New Central Market (this year)....
150,000
4.-Drainage and Sewerage (this year),
43,158
5.--Other Sanitary Works (this year),.
46,550
6.-Estimated Expenditure (next year) on Sanitary Works and Buildings,
Drainage, &c.,
172,000
Other Sanitary Works recommended in Mr. CHADWICK'S Report, to be
undertaken after 1884, about,.
553,292
$1,000,000
For these Extraordinary Sanitary Works, which will also require several years to complete, a further sum estimated at $1,000,000 is required. It seems a proper course to adopt to defray these extraordinary works from a loan, which, however, need not be raised until the available assets have been exhausted, that is, not before the year 1885. It has been suggested therefore, and the Finance Committee have approved the suggestion, that the money required for these extraordinary works should be advanced from reserved balances, to be subsequently refunded when the loan has been effected. The reserved balances would then remain available for defraying ordinary expenditure on Public Works, as well that on the Taitam Water Works, which, according to the Secretary of State's instructions, was to be paid for out of the Special Fund now included in these balances.
There is another large Public Work under consideration, the execution of which has also been recommended by the Finance Committee, viz., the continuation of the Praya Wall and roadway in front of the properties of the Naval and Military Authorities. The cost of this work, estimated at $230,000 will, if sanctioned by the Secretary of State, also have to be met by means of a loan, which, in such case would have to be raised for a million and a quarter dollars, not much more than one year's revenue of the Colony.
W. H. MARSH, Colonial Secretary and Auditor General.
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