# Hong Kong Annual Administration Reports, 1841-1941
# COLONIAL REPORTS--ANNUAL.
## I.-FINANCES
### (a.)-GENERAL REVENUE AND EXPENDITURE
The revenue for the year, exclusive of Extraordinary Revenue and Widows' and Orphans' Fund and Contributions amounted to $6,286,833 or $251,984 more than for the previous year. The Extraordinary Revenue (Land Sales, Widows' and Orphans' Pension Contributions and special Light Dues) amounted to $536,134 or $468,776 more than in 1908, when, however, no collection was made on account of the last two items. The total revenue from all sources was $6,822,967 or $718,760 more than in the previous year, and $113,971 more than the estimate.
There were increases under every head of ordinary revenue, and receipts under the remaining heads were altogether $119,166 less than were anticipated, with a deficit on land sales accounting for $118,403.
The expenditure for the year was $5,313,386 exclusive of public works extraordinary; inclusive of that item it was $6,542,839 or $1,386,639 less than the total expenditure for 1908, which, however, included railway construction disbursements now entered in a separate account.
The Rate of exchange for both years was taken at 1s. 9d. expenditure of the year was less than the estimate by $238,327, due, inter alia, to crediting charge on account of public debt with reimbursements of interest paid in previous years on account of advances for railway construction, and to no such charge having been debited in 1909.
The increase of $113,971 in the revenue, and the decrease of $238,327 in expenditure make a total surplus of $280,128 instead of an anticipated deficit of $72,170. The above figures exclude a reimbursement of $354,065 from railway account.
The following table shows the total revenue and expenditure for the five years 1905-1909:
Year Revenue Expenditure Surplus Deficit 1905 $6,918,404 $6,951,275 $32,871 1906 $7,035,011 $6,832,610 $202,401 1907 $6,602,280 $5,757,203 $845,077 1908 $6,104,207 $6,573,341 $469,134 1909 $6,822,967 $6,542,839 $280,128* Railway Account Disbursements and Reimbursements omitted.
### (b.)-COLONIAL CONTRIBUTION
The Colony contributed $1,226,441 (being the statutory contribution of 20 per cent. of the estimated revenue for 1909 together with the ascertained excess of revenue over the estimates on
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Hong Kong Annual Administration Reports, 1841-1941
COLONIAL REPORTS- -ANNUAL.
I.-FINANCES.
(a.)-GENERAL REVENUE AND EXPENDITURE.
The revenue for the year, exclusive of Extraordinary Revenue and Widows' and Orphans' Fund and Contributions amounted to $6,286,833 or $251,984 more than for the previous year. The Extraordinary Revenue (Land Sales, Widows' and Orphans' Pension Contributions and special Light Dues) amounted to $536,134 or $468,776 more than in 1908, when, however, no col- lection was made an account of the last two items. The total revenue from all sources was $6,822,967 or $718,760 more than in the previous year, and $113,971 more than the estimate.
There were increases under every head of ordinary revenue, and receipts under the remaining heads were altogether $119,166 less than were anticipated, with a deficit on land sales accounting for $118,403.
The expenditure for the year was $5,313,386 exclusive of public works extraordinary; inclusive of that item it was $6,542,839 or $1,386,639 less than the total expenditure for 1908, which, how- ever, included railway construction disbursements now entered in a separate account.
The
Rate of exchange for both years was taken at 1s. 9d. expenditure of the year was less than the estimate by $238,327, due, inter alia, to crediting charge on account of public debt with reimbursements of interest paid in previous years on account of advances for railway construction, and to no such charge having been debited in 1909.
The increase of $113,971 in the revenue, and the decrease of $238,327 in expenditure make a total surplus of $280,128 instead of an anticipated deficit of $72,170. The above figures exclude a reimbursement of $354,065 from railway account.
The following table shows the total revenue and expenditure for the five years 1905-1909:~-
Revenue* Expenditure
Surplus
***
Defcit
***
1905.
1906.
1907.
1908.
1909.
$
$
$
$
$ 6,918,4047,035.011 | 6,602,280 | 6,104.207 6,822,967
| 6,951,275 | 6,832,610 | 5,757,203 | 6,573,341 | 6,542,639
202,401
32,871
845,077
280,128
469,134
* Railway Account Disbursements and Reimbursements omitted.
(b.)-COLONIAL CONTRIBUTION.
The Colony contributed $1,226,441 (being the statutory contri- Dution of 20 per cent. of the estimated revenue for 1909 together with the ascertained excess of revenue over the estimates on
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