AnnualReport-1933 — Page 54

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4. In the following table the actual revenue for the year 1933 is compared with the revenue of the previous year and with the estimate for 1933.

Heads of Revenue.

Actual 1932 Estimates 1933 Actual 1933 $ $ $ $ Duties........ 6,597,852.02 7,930,000 5,833,167.31 Port & Harbour Dues 811,859.55 805,000 679,385.40 Licences and Internal Revenue not otherwise specified 16,503,769.86 16,454,575 16,664,798.59 Fees of Court or Office, Payments for specific purposes, and Reimbursements in Aid................ 2,296,227.87 2,230,750 2,210,463.72 Post Office..... 1,964,598.10 2,045,000 1,883,654.78 Kowloon-Canton Railway 1,295,789.20 1,283,350 1,630,610.83 Rent of Government Property, Land and Houses 1,527,965.37 1,505,200 1,512,270.21 Interest 313,252.04 200,000 306,326.19 Miscellaneous Receipts 867,748.88 218,700 405,439.62 Total (exclusive of Land Sales)...... 32,179,057.89 32,702,575 31,126,416.65 Land Sales, (Premia on New Leases)... 1,370,658.40 1,300,000 972,861.19 Total............... $ 33,549,716.29 34,002,575 32,099,277.84

5. The actual revenue for the year fell short of the estimate by $1,903,300. The largest decreases occurred in Import Duties of $2,096,532 and in Land Sales of $327,139 but receipts from the Kowloon-Canton Railway increased by $347,260 and Miscellaneous Receipts by $156,739. Three new subheads under the last classification appear for the first time in 1933 as a result of franchises granted to Motor Bus and Ferry Companies as follows:-

The China Motor Bus Company and the Kowloon Motor Bus Company for the privilege of maintaining services of motor buses on the Island of Hong Kong and the Kowloon Peninsula including the New Territories respectively for a period of 15 years from the 11th June 1933 pay certain royalties or percentages based upon gross annual receipts.

The Hong Kong and Yaumati Ferry Company for the privilege of maintaining a passenger and vehicles ferry service for a period of 15 years from the 12th June 1933 pay certain royalties or percentages based upon gross annual receipts.

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4. In the following table the actual revenue for the year 1933 is compared with the revenue of the previous year and with the estimate for 1933. Heads of Revenue. Actual 1932 Estimates 1933 Actual 1933 $ $ $ $ Duties........ 6,597,852.02 7,930,000 5,833,167.31 Port & Harbour Dues 811,859.55 805,000 679,385.40 Licences and Internal Revenue not otherwise specified 16,503,769.86 16,454,575 16,664,798.59 Fees of Court or Office, Payments for specific purposes, and Reimbursements in Aid................ 2,296,227.87 2,230,750 2,210,463.72 Post Office..... 1,964,598.10 2,045,000 1,883,654.78 Kowloon-Canton Railway 1,295,789.20 1,283,350 1,630,610.83 Rent of Government Property, Land and Houses 1,527,965.37 1,505,200 1,512,270.21 Interest 313,252.04 200,000 306,326.19 Miscellaneous Receipts 867,748.88 218,700 405,439.62 Total (exclusive of Land Sales)...... 32,179,057.89 32,702,575 31,126,416.65 Land Sales, (Premia on New Leases)... 1,370,658.40 1,300,000 972,861.19 Total............... $ 33,549,716.29 34,002,575 32,099,277.84 5. The actual revenue for the year fell short of the estimate by $1,903,300. The largest decreases occurred in Import Duties of $2,096,532 and in Land Sales of $327,139 but receipts from the Kowloon-Canton Railway increased by $347,260 and Miscellaneous Receipts by $156,739. Three new subheads under the last classification appear for the first time in 1933 as a result of franchises granted to Motor Bus and Ferry Companies as follows:- The China Motor Bus Company and the Kowloon Motor Bus Company for the privilege of maintaining services of motor buses on the Island of Hong Kong and the Kowloon Peninsula including the New Territories respectively for a period of 15 years from the 11th June 1933 pay certain royalties or percentages based upon gross annual receipts. The Hong Kong and Yaumati Ferry Company for the privilege of maintaining a passenger and vehicles ferry service for a period of 15 years from the 12th June 1933 pay certain royalties or percentages based upon gross annual receipts.

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A (1) 2 4. In the following table the actual revenue for the year 1933 is compared with the revenue of the previous year and with the estimate for 1933. Heads of Revenue. Actual 1932 Estimates Actual 1933 1933 $ C. $ C. $ Duties........ 6.597,852.02) Port & Harbour Dues 811,859.55 7,930,000 805,000 5,833,167.31 679.385.40 Licences and Internal Revenue not otherwise specified 16,503,769.86 16,454,575 16,664,798.59 Fees of Court or Office, Payments for ments in Aid................ Post Office..... specific purposes, and Reimburse- Kowloon-Canton Railway Rent of Government Property, Land 2,296,227.87 2.230,750 2,210,463.72 1,964,598,10 2,045,000 1,883,654.78 1,295,789.20 1,283,350 1,630,610.83 and Houses Interest Miscellaneous Receipts 1.527,965 37 1,505,200 1,512,270 21 313,252.04 200.000 306,326.19 867.7±8.88 218,700 405,439.62 Total (exclusive of Land Sales)...... 32,179,057.89 32,702,575 31,126,416.65 Land Sales, (Premia on New Leases)... 1,370,658.40| 1,300,000 972,861,19 Total............... $ 33,549,716,29 34,002,575 32,099,277.84 | 5. The actual revenue for the year fell short of the estimate by $1,903,300. The largest decreases occurred in Import Duties of $2,096,532 and in Land Sales of $327,139 but receipts from the Kowloon-Canton Railway increased by $347,260 and Mis- cellaneous Receipts by $156,739. Three new subheads under the last classification appear for the first time in 1933 as a result of franchises granted to Motor Bus and Ferry Companies as follows:- The China Motor Bus Company and the Kowloon Motor Bus Company for the privilege of maintaining services of motor buses on the Island of Hong Kong and the Kowloon Peninsula including the New Territories respectively for a period of 15 years from the 11th June 1983 pay certain royalties or percen- tages based upon gross annual receipts. The Hong Kong and Yaumati Ferry Company for the privilege of maintaining a passenger and vehicles ferry service for a period of 15 years from the 12th June 1933 pay certain royalties or percentages based upon gross annual receipts.

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A (1) 2

4. In the following table the actual revenue for the year 1933 is compared with the revenue of the previous year and with the estimate for 1933.

Heads of Revenue.

Actual 1932

Estimates Actual

1933

Duties........

6.597,852.02)

Port & Harbour Dues

811,859.55

7,930,000 805,000

5,833,167.31 679.385.40

Licences and Internal Revenue not

otherwise specified

16,503,769.86

16,454,575 16,664,798.59

Fees of Court or Office, Payments for

ments in Aid................

Post Office.....

specific purposes, and Reimburse-

Kowloon-Canton Railway

Rent of Government Property, Land

2,296,227.87

2.230,750 2,210,463.72

1,964,598,10

2,045,000 1,883,654.78

1,295,789.20

1,283,350 1,630,610.83

and Houses

Interest

Miscellaneous Receipts

1.527,965 37

1,505,200

1,512,270 21

313,252.04

200.000

306,326.19

867.7±8.88

218,700

405,439.62

Total (exclusive of Land Sales)...... 32,179,057.89 32,702,575 31,126,416.65

Land Sales, (Premia on New Leases)... 1,370,658.40| 1,300,000

972,861,19

Total............... $ 33,549,716,29 34,002,575 32,099,277.84

5. The actual revenue for the year fell short of the estimate by $1,903,300. The largest decreases occurred in Import Duties of $2,096,532 and in Land Sales of $327,139 but receipts from the Kowloon-Canton Railway increased by $347,260 and Mis- cellaneous Receipts by $156,739. Three new subheads under the last classification appear for the first time in 1933 as a result of franchises granted to Motor Bus and Ferry Companies as follows:-

AnnualReport-1933 — Page 54

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