Appendix B.
REPORT ON THE ASSESSMENT FOR THE YEAR 1923-1924.
1. By Order of His Excellency the Governor in Council a new valuation of the whole Colony has been made and the Rateable Value has thereby been increased from $19,805,929 to $21,059,700 an addition of $1,253,543 or 6.33 per cent.
2. The following Table gives a comparison of the Assessments for 1922-1923 and 1923-1924 :-
DISTRICT. VALUATION 1922-1923. VALUATION 1923-1924. INCREASE. PER CENT. The City of Victoria, Hill District, $15,625,813 $16,342,173 $716,360 +4.58% Shaukiwan, Saiwanho, and Quarry Bay, 454,625 478,180 23,555 5.18% Hongkong Villages, 407,109 502,018 94,909 23.31% Kowloon Point, 909,560 988,670 79,110 8.69% Yaumati 678,230 798,395 120,165 17.72% Mongkoktsui, 504,635 545,235 40,600 8.04% Hunghom & Hokun, 462,035 494,030 31,995 6.92% Kowloon Villages, 170,085 173,975 3,890 2.28% New Territories, 227,607 349,329 121,722 53.47% Total, $19,805,929 $21,059,700 $1,253,771 6.33% 3,349,634 13.66%3. The number of tenements reported to be vacant averaged about 75 monthly, as compared with 95 last year.
4. During the year ending 30th April, 1923, 1,285 Interim Valuations were made as follows:-
CITY OF VICTORIA. REST OF COLONY. New or rebuilt tenements and tenements structurally altered No. 224, Rateable Value $737,995 No. 633, Rateable Value $471,985 Assessments cancelled, tenements resumed, pulled down or being in other respects not rateable No. 297, $257,050 No. 131, $73,558 Number and increase $480,945 $398,427Appendix B.
REPORT ON THE ASSESSMENT FOR THE YEAR 1923-1924.
1. By Order of His Excellency the Governor in Council a new valuation of the whole Colony has been made and the Rateable Value has thereby been increased from $19,805,929 to $21.059,700 an addition of $1,253,543 or 6:33 per cent.
2. The following Table gives a comparison of the Assessments for 1922-1923 and 1923-1924 :-
DISTRICT.
VALUATION
1922-1923.
VALUATION 1923-1924.
INCREASE.
PER
CENT.
$
%
The City of Victoria,. Hill District,...............................
15,625,813
15,625,813
371,230
16,342,173 392,695
16,842.178
716,360 +58
Shaukiwan, Saiwanho,
and Quarry Bay,
454,625
478,180
Hongkong Villages,
407,109
1,232.964
502.018
1,367,893 !
134,929; 10·94
Kowloon Point,
909.560
988,670
Yaumati
678,230
798,395
Mongkoktsui,
504.635
545.235
Hunghom & Hokun,
462,035
494,030
Kowloon Villages,
New Territories,
170,085 227,607
173.975
2,947,152
Total,..
19.805,929
349,329 3,349,634
21,059,700 1,253,771 6.33
402,482 | 13-66
3. The number of tenements reported to be vacant averaged about 75 monthly, as compared with 95 last year.
4. During the year ending 30th April, 1923, 1,285 Interim Valuations were made as follows:-
New or rebuilt teuements andi tenements structurally altered ....
Assessinents cancelled, tenements resumed, pulled down or being in other respects not rateable......
Number and increase
CITY OF VICTORIA.
REST OF COLONY.
No.
Ratenble Value.
No.
Rateable Value.
224
737.995
633
471,985
297
257.050
131
73,558
521
$480,945
764
$398,427
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