The excesses over estimates in the Colonial Secretary's and Audit Departments are owing to a portion of Colonial Secretary's pay for 1881 being paid in 1882, and excess in the contingencies for printing forms for all Departments, Stationery, &c.; and in the Fire Brigade, in consequence of damage done to Plant during an extensive fire.
The principal decreases as compared with Estimates are the following:-
Post Office,$29,258.19 Lighthouses,2,385.68The former of these items is not a real saving, as the contribution of this Colony towards expenses of Postal Contract was not claimed, and has not been paid for the years 1880, 1881 and 1882. The Colony is therefore still liable for these payments, provision for which has, as already explained, been made in next year's Estimates.
Assets and Liabilities.
The balance of Assets at the beginning of the present year was
$1,148,664.00
The Revenue of the present year may now be estimated at......................
1,250,000.00
$2,398,664.00
The expenditure of 1883, revised, and including supplementary votes, is
estimated at..............
1,220,240.00
Estimated balance Assets,
$1,178,424.00
The following is an approximate Estimate of the cost of different public works, the construction of which has either been already sanctioned, or has for some time past been under consideration :—
Taitam Water Works,$ 600,000.00 Breakwater, balance,10,000.00 New Gaol,..400,000.00 New Central School, or Victoria College,.....100,000.00 Five New Schools,.25,000.00 Repairs and Extensions of Police Barracks,..135,000.00 +$1,270,000.00These works will take several years to complete, and part of their cost will be provided for out of the current revenue of the year when they are undertaken. The reserve balances will therefore be amply sufficient to defray the remainder of the expenditure incurred on their account.
There are other extraordinary Public Works which it is proposed to undertake in accordance with recommendations made by Mr. CHADWICK in his report on the Sanitary State of Hongkong. These are as follows:-
The excesses over estimates in the Colonial Secretary's and Audit Departments are owing to a portion of Colonial Secretary's pay for 1881 being paid in 1882, and excess in the contingencies for printing forms for all Departments, Stationery, &c.; and in the Fire Brigade, in consequence of damage done to Plant during an extensive fire.
The principal decreases as compared with Estimates are the following:-
Post Office,
Lighthouses,
.$29,258.19
2,385.68
The former of these items is not a real saving, as the contribution of this Colony towards expeness of Postal Contract was not claimed, and has not been paid for the years 1880, 1881 and 1882. The Colony is therefore still liable for these payments, provision for which has, as already explained, been made in next year's Estimates.
Assets and Liabilities.
The balance of Assets at the beginning of the present year was
$1,148,664.00
The Revenue of the present year may now be estimated at......................
1,250,000.00
$2,398,664.00
The expenditure of 1883, revised, and including supplementary votes, is
estimated at..............
1,220,240.00
Estimated balance Assets,
..$1,178,424.00
The following is an approximate Estimate of the cost of different public works, the construction of which has either been already sanctioned, or has for some time past been under consideration :—
Taitam Water Works,
Breakwater, balance,
New Gaol,..
New Central School, or Victoria College,.....
Five New Schools,.
Repairs and Extensions of Police Barracks,..
.$ 600,000.00
10,000.00
400,000.00
100,000.00
25,000.00
135,000.00
+
$1,270,000.00
These works will take several years to complete, and part of their cost will be provided for out of the current revenue of the year when they are undertaken. The reserve balances will therefore be
amply sufficient to defray the remainder of the expenditure incurred on their account.
There are other extraordinary Public Works which it is proposed to undertake in accordance with recommendations made by Mr. CHADWICK in his report on the Sanitary State of Hongkong. These are as follows:-
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