88
Hong Kong Annual Administration Reports, 1841-1941
1-FINANCES.
The revenue for the year amounted to $24,783,763 being $6,216,493 more than the estimate and $2,492,698 more than the revenue for the previous year.
Compared with the returns for 1922 there were increases under all the heads except Kowloon-Canton Railway.
The expenditure amounted to a total of $21,571,005 inclusive of a sum of $4,716,602 spent on Public Works Extraordinary.
The detailed figures for 1923 are set out in the following statements:
HEADS OF REVENUE. Light Dues $137,455.61 Light Dues, Special Assessment 151,097.65 Licences and Internal Revenue not otherwise specified 16,123,980.81 Fees of Court or Office, Payments for specific purposes, and Reimbursements in Aid 1,601,281.37 Post Office 761,119.97 Kowloon-Canton Railway 474,721.78 Rent of Government Property, Land, and Houses 1,183,846.53 Interest 577,980.73 Miscellaneous Receipts 283,471.01 TOTAL, (Ordinary) $21,294,965.36 Land Sales, (Premia on New Leases) 3,488,797.17 TOTAL $24,783,762.53University -
The total expenditure brought to account amounted to $21,571,905 being $1,011,930 less than the estimate, and $3,008,902 more than the expenditure in 1922. Compared with the estimates there were increases under 15 heads as against 12 heads where there were decreases. The excess amounting to $1,285,783 under Miscellaneous Services was due to:
Compensation in respect of Yaumati Ferry service $170,000.00 $5,000.00 Publicity Bureau 30,000.00 Swatow Typhoon Relief Fund 29,998.00 War Memorial Nursing Home 200,000.00 British Empire Exhibition, H.K. Section 250,000.00 Loss on Subsidiary Coins 199,180.00 Japanese Earthquake H.K. Relief Fund 250,000.00 $1,220,478.00Military Expenditure exceeded the estimate by $240,331 due to increase in revenue. Public Works Extraordinary was less by $2,528,898 than the amount estimated and Education Department decreased $73,905 on account of unpaid Building Grants.
Page 95
Page 96
88
Hong Kong Annual Administration Reports, 1841-1941
1-FINANCES.
The revenue for the year amounted to $24,783,763 being $6,216,493 more than the estimate and $2,492,698 more than the revenue for the previous year.
Compared with the returns for 1922 there were increases under all the heads except Kowloon-Canton Railway.
The expenditure amounted to a total of $21,571,005 inclusive of a sum of $4,716,602 spent on Public Works Extraordinary.
The detailed figures for 1923 are set out in the following
statements :
Light Dues
HEADS OF REVESCE.
Light Dues, Special Assessment
Licences and Internal Revenue not otherwise
X
C.
137,455,61
151,097.65
specified
16,123,980.81
Fees of Court or Office, Payments for specilie
purposes, and Reimbursements in Aid -
1,601,28137
Post Office
761,119.97
Kowloon-Canton Railway
474,721.78
Rent of Government Property, Lánd, and
Houses
1,183,846.53
Interest
577,980.73
Miscellaneous Receipts
283,471.01
TOTAL, (Ordinary)-
$21,294,965,36
Land Sales, (Premia on New Leases)
3,488,797.17
TOTAL
$24,783,762.53
University -
The total expenditure brought to account amounted to $21,571,905 being $1,011,930 less than the estimate, and $3,008,902 more than the expenditure in 1922. Compared with the estimates there were increases under 15 heads as against 12 heads where there were decreases. The excess amounting to $1,285,783 under Miscel- laneous Services was due to:-
Compensation in respect of Yaumati Ferry
C.
170,000.00
service
$5,000,00
Publicity Bureau
30,000.00
Swatow Typhoon Relief Fund
29,998.00
War Memorial Nursing Home
200,000.00
British Empire Exhibition, H.K. Section
250,000.00
Loss on Subsidiary Coins
199,180.00
Japanese Earthquake II.K. Relief Fund
250.000.00
$1,220,478.00
Military Expenditure exceeded the estimate by $240,331 due to increase in revenue. Public Works Extraordinary was less br $2,528,898 than the amount estimated and Education Department decreased $73,905 on account of unpaid Building Grants.
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