Appendix B.
REPORT ON THE ASSESSMENT FOR THE YEAR 1924-1925.
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 $21,059,700 to $22,147,951 an addition of $1,088,251 or 5.16 per cent.
2. The following Table gives a comparison of the Assessments for 1923-1924 and 1924-1925:-
DISTRICT VALUATION 1923-1924 VALUATION 1924-1925 INCREASE PER CENT The City of Victoria, $16,342,173 $16,342,173 Hill District.... $392,695 $440,305 $47,610 12.37 Shaukiwan, Saiwanho, and Quarry Bay, ... $473,180 $493,290 $20,110 4.25 Hongkong Villages,... $502,018 $576,429 $74,411 14.82 Kowloon Point, $988,670 $1,105,050 $116,380 11.77 Yaumati, $798,395 $1,022,010 $223,615 28.01 Mongkoktsui, $545,235 $575,890 $30,655 5.62 Kowloon Villages, Hunghom & Hokun, $191,030 $177,319 -$13,711 -7.18 New Territories, ...... $3,349,634 $3,907,982 $558,348 16.67 Total,.. $21,059,700 $22,147,951 $1,088,251 5.163. The number of tenements reported to be vacant averaged about 104 monthly, as compared with 75 last year.
4. During the year ending 30th April, 1924, 2,094 Interim Valuations were made as follows:-
CITY OF VICTORIA REST OF COLONY No. Rateable Value No. Rateable Value New or rebuilt tenements and tenements structurally altered... 353 $761,170 672 $724,725 Assessments cancelled, tenements resumed, pulled down or being in other respects not rateable..... 651 $740,190 418 $158,190 Number and increase 1,004 $20,980 1,090 $566,535Appendix B.
REPORT ON THE ASSESSMENT FOR THE YEAR 1924-1925.
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 $21,059,700 to $22,147,951 an addition of $1,088,251 or 5.16 per cent.
2. The following Table gives
Table gives a comparison of the Assessments for 1923-1924 and 1924-1925:-
DISTRICT,
VALUATION
1923-1924.
VALUATION 1924-1925.
INCREASE.
PER CENT.
$
$
$
$
%
The City of Victoria,.
16,342,173
16,342,173
Hill District....
392,695
-16,729,945 440,305
16,729,945
387,772 2:37
Shaukiwan, Saiwanho,
and Quarry Bay, ...
473,180
493,290
Hongkong Villages,...
502.018
1,367,893
576,429
1,510,024
142,131 10-39
Kowloon Point,
988,670
1,105,050
Yaumati,
798,395
1,022.010
Mongkoktsui,
545,235
575,890
Kowloon Villages,
Hunghom & Hokun,
New Territories, ......
191,030
534,570
.....
173,975
177,319
349,329
3,349,634
Total,..
D
21,059,700
493,143 3,907,982
22,147,951
558,348 16-67
1,088,251 5.16
3. The number of tenements reported to be vacant averaged about 104 monthly, as compared with 75 last year.
4. During the year ending 30th April, 1924, 2,094 Interim Valuations were inade as follows:-
CITY OF VICTORIA.
REST OF COLONY.
No.
Rateable Value.
No.
Rateable Value.
$
New ог
rebuilt tenements and tenements structurally altered...
353
761,170
672
724,725
Assessments cancelled, tenements resumed, pulled down or being in other respects not rateable.....
651.
740,190
418
158,190
Number and increase
1,004
$20,980 1,090
$566,535
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