10. Decreases were shewn on all Heads of Expenditure with the exception of the following:-
Defence (c) Military Contribution
Excess. $22,491.26
This Contribution is based on the estimated revenue for the year and the adjustment in respect of the actual revenue of the previous year. One twelfth of that estimate is paid monthly. As the actual revenue for 1934 exceeded the revised estimate the adjustment provided for in 1935 Estimates was insufficient.
Miscellaneous Services
Excess. $85,648.02
The Principal increases on this Head were as under:- Depreciation of Sterling Funds $298,233 due to the higher dollar sterling exchange. Rent allowances to Senior Officers, European Subordinate officers and Asiatic Subordinate Officers accounted for $26,702, $25,197 and $16,073 respectively. The vote for telegrams was exceeded by $9,695. The Silver Jubilee Celebration cost $42,587 and a special vote of $25,000 was made to the Hong Kong Travel Association. On the other hand large savings were made due to higher exchange the principal of which were Transport of Government Servants $266,329, Stationery $70,324, Crown Agents Commission $11,018. many small savings on sterling grants-in-aid to Institutes were due to higher exchange.
Charitable Services
Also Excess. $37,123.13
The General Chinese Charities Fund was exceeded by $47,482 owing to financial assistance being granted to the Tung Wah, Kwong Wah and Tung Wah Eastern Hospitals. special grant of $10,000 was also made to the Little Sisters of the Poor for building extension. On the other hand savings were made on other subheads to the extent of $20,358.
The principal heads shewing decreases were as follows:
Post Office.
A saving of $52,877 was made on Transit Charges due to higher exchange.
Imports and Exports.
A saving of $24,963 on opium was due to higher exchange. The Revenue Reward item of $1,000 and the $2,200 for partial rearming of Revenue officers were not drawn on.
- A 12
10. Decreases were shewn on all Heads of Expenditure with the exception of the following:-
Defence (c) Military Contribution
Excess. $ 22,491.26
This Contribution is based on the estimated revenue for the year and the adjustment in respect of the actual revenue of the previous year. One twelfth of that estimate is paid monthly. As the actual revenue for 1934 exceeded the revised estimate the adjustment provided for in 1935 Estimates was insufficient.
Miscellaneous Services
Excess.
$ 85,648.02
The Principal increases on this Head were as under:- Depreciation of Sterling Funds $298,233 due to the higher dollar sterling exchange. Rent allowances to Senior Officers, European Subordinate officers and Asiatic Subordinate Officers accounted for $26,702, $25,197 and $16,073 respectively. The vote for telegrams was exceeded by $9,695. The Silver Jubilee Celebration cost $42,587 and a special vote of $25,000 was made to the Hong Kong Travel Association. On the other hand large savings were made due to higher exchange the principal of which were Transport of Government Servants $266,329, Stationery $70,324, Crown Agents Commission $11,018. many small savings on sterling grants-in-aid to Institutes were due to higher exchange.
Charitable Services
Also
Excess. $ 37,123.13
A
The General Chinese Charities Fund was exceeded by $47,482 owing to financial assistance being granted to the Tung Wah, Kwong Wah and Tung Wah Eastern Hospitals. special grant of $10,000 was also made to the Little Sisters of the Poor for building extension. On the other hand savings were made on other subheads to the extent of $20,358.
The principal heads shewing decreases were as follows:
Post Office.
A saving of $52,877 was made on Transit Charges due to higher exchange.
Imports and Exports.
A saving of $24,963 on opium was due to higher exchange. The Revenue Reward item of $1,000 and the $2,200 for partial rearming of Revenue officers were not drawn on.
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