AnnualReport-1919 — Page 40

Appendix B.

REPORT ON THE ASSESSMENT FOR THE YEAR 1920-1921.

1. By order of His Excellency the Governor in Council, I have made a new valuation of the whole Colony.

2. The Whole Colony.--The result of the new valuation is that the Rateable Value of the whole Colony has increased from $16,304,801 to $17,408,959, an addition of $1,104,158 or 6.77 per cent.

3. The City of Victoria.--The Rateable Value has increased from $13,154,420 to $14,030,330, an addition of $875,910 or 6.65 per cent.

4. The Hill District.--The Rateable Value has increased from $342,745 to $344,315, an addition of $1,570 or 0.45 per cent.

5. Shaukiwan, Saiwanho, and Quarry Bay.--The Rateable Value has increased from $409,165 to $415,550, an addition of $6,385 or 1.56 per cent.

6. Hongkong Villages.--The Rateable Value has increased from $269,967 to $315,980, an addition of $46,013 or 17.04 per cent.

7. Kowloon Point.--The Rateable Value has increased from $709,665 to $733,815, an addition of $24,150 or 3.40 per cent.

8. Yaumati.--The Rateable Value has increased from $437,780 to $490,585, an addition of $52,805 or 12.06 per cent.

9. Mongkoktsui.--The Rateable Value has increased from $330,380 to $385,515, an addition of $55,135 or 16.68 per cent.

10. Hunghom and Hokun.--The Rateable Value has decreased from $395,080 to $394,290, a reduction of $790 or 0.19 per cent. The decrease is caused by a piece of land formerly used for storage of coal having been vacated.

11. Kowloon Villages.--The Rateable Value has increased from $112,509 to $138,909, an addition of $26,400 or 23.46 per cent.

12. New Kowloon.--The Rateable Value has increased from $143,090 to $159,670, an addition of $16,580 or 11.58 per cent.

13. Vacant Tenements.--The number of tenements reported to be vacant averaged about 80 monthly, as compared with 110 last year.