AnnualReport-1924 — Page 6

Military Expenditure exceeded the estimate by $233,412 due to increase in revenue. Education Department decreased $108,888 on account of unpaid Building Grants.

Expenditure,

C.

Governor 100,831.47 Cadet Service 289,630.18 Colonial Secretary's Department and Legislature 69,991.32 Secretariat for Chinese Affairs 27,512.96 Audit Department 51,592.62 Treasury 76,662.66 Harbour Master's Department 623,395.92 Imports & Exports Department 872,557.69 Royal Observatory 52,638.49 Miscellaneous Services 1,092,558.10 Judicial and Legal Departments 305,286.92 Police Department 1,877,948.69 Fire Brigade 199,570.25 Prison Department 383,362.70 Medical Department 502,882.89 Sanitary Department 670,945.48 Botanical and Forestry Department 86,516.80 Education Department 945,642.01 Military Expenditure 4,299,887.34 Public Works Department 1,184,767.90 Do. Recurrent 1,793,968.69 Do. Extraordinary 8,112,785.49 Post Office 257,573.59 Pensions Kowloon-Canton Railway 1,329,927.46 Charge on Account of Public Debt 941,923.95 Charitable Services 503,929.39 72,137.48 TOTAL $26,726,428.44

The balance to the debit on the year's working was $2,516,788 and the assets and liabilities account showed on the 31st December a credit balance of $13,107,549.29.

The following is a statement of the revenue and expenditure of the Colony for the five years 1920-1924:-

1920 1921 1922 1923 1924 Revenue. $14,689,672 $17,728,132 $22,291,065 $24,783,763 $24,209,640 Expenditure. $14,489,594 $15,739,652 $18,563,003 $21,571,905 $26,726,428