1887-1903
HONGKONG.
93
REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1891,
Laid before the Legislative Council by Command of His Excellency the Governor, on the 23rd May, 1892.
1.-TAXATION.
There have been no changes under this head.
2.-REVENUE AND EXPENDITURE.
The Revenue amounted to $2,025,302.51, or excluding premiums from Land Sales and Water Account to $1,907,054.43; and the Expenditure amounted to $2,419,086.26, including Extraordinary Works; excluding these, to $1,868,073.26. The revenue has been classified in conformity with the instructions of the Secretary of State for the Colonies.
Year.
The Revenue and Expenditure for the past five years have been :-
Revenue. Premiums from Land. Ordinary Expenditure. Extraordinary Expenditure, including Defensive Works. Water Account receipts. Water Account Expenditure. 1887 $1,427,485.79 $155,238.02 $1,278,181.68 $744,820.38 1888 1,557,300.03 160,688.64 1,461,459.64 530,870.03 1889 1,823,549.13 154,725.60 1,459,167.16 374,551.63 1890 1,995,220.47 16,638.80 1,517,843.05 397,507.42 1891 1,907,054.43 51,761.47 1,868,073.26 514,526.39 $66,486.61 $66,486.613.-LOCAL REVENUES.
The Chinese inhabitants contributed in 1891, by voluntary assessment among themselves, to the pay of the District Watchmen,....
and received from the Government for the same object a grant-in-aid of.
4.-ASSETS AND LIABILITIES.
$7,209.76 2,000.00
On the 31st December, 1891, the assets of the Colony exceeded its liabilities by $231,177.51 The surplus assets in:
1885 were
1886 the liabilities exceeded the assets by
1887 the surplus assets were
1888
1889
1890
1891
1885 $427,092.42 1886 $191,512.29 1887 $631,374.08 (a) 1888 $360,649.76 1889 $505,109.87 1890 $309,732.25 1891 $231,177.515.-PUBLIC DEBT.
No new loan has been raised,
Amount of present Loan, £200,000. Amount of Sinking Fund, £34,053. 8s. 3d.
6.-MILITARY EXPENDITURE.
The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the last seven years has been as follows :-
Year Military Contribution, exclusive of Defensive Works, and inclusive of Volunteer Corps. Defensive Works. 1885 $117,337.00 $68,153.45 1886 $124,561.68 $217,901.45 1887 $128,815.63 $258,441.28 1888 $134,594.68 $62,115.90 1889 $134,261.12 $63,753.73 1890 $124,646.96 $5,082.92 1891 $421,002.01 (b) $20,005.45(a) A loan of £200,000 having been raised during 1887 to be paid off on the 1st of March, 1907.
(b) The Military Contribution was doubled from 1st January, 1891, and the arrears for 1890 were paid in 1891.
Page 100
Page 101
1887-1903
HONGKONG.
93
REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1891,
Laid before the Legislative Council by Command of His Excellency the Governor, on the 23rd May, 1992.
1.-TAXATION.
There have been no changes under this head.
2.-REVENUE AND EXPENDITURE.
The Revenue amounted to $2,025,302.51, or excluding premiums from Land Sales and Water Account to $1,907,054.43; and the Expenditure aunounted to $2,4-19,086.26, including Extraordinary Works; excluding these, to $1,868,073.26. The revenue has been classified in couformity with the instructions of the Secretary of State for the Colonies.
Year.
The Revenue and Expenditure for the past five years have been :-
Revenue. Premia from Land.
1887,...$1,427,485.79 $155,238.02
Ordinary Expenditure.
Extraordinary Expenditure, including Defensive Works.
Water Account Water Account
leceipts. Expenditure.
$1,278,181.68
$744,820.38
1888,... 1,557,300.03
160.688.64
1,461,459.64
530,870.03
1889,... 1,823,549.13 154,725.60
1,459,167.16
374,551.63
1890,... 1,995,220.47
16,638.80
1,517,843.05
397,507.42
1891.... 1,907,054.43 51,761.47
1,868,073.26
514,526.39
$66,486.61
$66,486.61
3.-LOCAL REVENUES.
The Chinese inhabitants contributed in 1891, by voluntary assessment among them-
selves, to the pay of the District Watchmen,....
and received from the Government for the same object a grant-in-aid of.
4.-ASSETS AND LIABILITIES.
.$7.209.76 2,000.00
On the 31st December, 1891, the assets of the Colony exceeded its liabilities by......$231,177.51 The surplus assets in:
1885 were
1886 the liabilities exceeded the assets by
1887 the surplus ussets were
1888
Do.
1880
Do.
1890
Do.
1891
Do.
5.-PUBLIC DEBT.
.$ 427,092.42
.$ 191,512.29
.$ 631,374.08 (a)
$ 360,649.76
.$ 505,109.87
$ 309,732.25
.$ 231,177.51
No new loan has been raiscal,
Amount of present Loan, £200,000. Amount of Sinking Fund, £34,053. 8s. 3d.
6.-MILITARY EXPENDITURE.
The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the last seven years has been as follows :-
1885,
1886,
1887,
1888,
1889,
1890,
1891,..
Military Contribution, exclusive of
Defensive Works, and
inclusive of Volunteer Corps.
$117,337.00
$124.561.68
$128,815.63
$134,594.68
$134,261.12
$124,646,96
$421,002.01 (b)
Defensive Works.
$ 68,153.45 $217,901.45 $258.441.28
$ 62.115.90
$ 63.753.73
$ 5,082.92
$ 20,005.45
Defensive Works.
£12,576,10.2.
£39,230. 0.0. £43,710. 7.6. £10,036, 4.0.
£ 9,678.14.5.
L
882. 1.1. £ 3,102, 1.7.
(#). A lonn of £200,000 having heen mixed during 1887 to be paid off on the lat of March, 1907.
(6) The Military Contribution was doubled from 1st January, 1990, awl the arrenes for 1800 were paid in 1891.
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