Laid before the Legislative Council, by Command of His Excellency the Officer Administering the Government.
There have been no changes under this head.
The Revenue amounted to $1,978,274.73, or excluding premiums from Land Sales to $1,823,549.13; the Expenditure amounted to $1,833,718.79, including Extraordinary Works; excluding these, $1,459,167.16.
The Revenue and Expenditure for the past five years have been:
| Year | Premiums from Land | Ordinary Revenue | Ordinary Expenditure | Extraordinary Expenditure (including Defensive Works) |
|---|---|---|---|---|
| 1885 | $66,658.30 | $1,251,889.70 | $1,146,103.15 | $473,147.24 |
| 1886 | $34,731.59 | $1,367,977.74 | $1,195,236.81 | $825,624.84 |
| 1887 | $155,238.02 | $1,427,485.79 | $1,278,181.68 | $744,820.38 |
| 1888 | $160,688.64 | $1,557,300.03 | $1,461,459.64 | $330,870.03 |
| 1889 | $154,725.60 | $1,823,549.13 | $1,459,167.16 | $374,551.68 |
The Chinese inhabitants contributed in 1889, by voluntary assessment among themselves, to the pay of the District Watchmen, also received from the Government for the same object a grant-in-aid of $7,350.13 and $2,084.00.
On the 31st December, 1889, the assets of the Colony exceeded its liabilities by $505,109.87.
(a) The surplus assets in:—
| Year | Surplus Assets |
|---|---|
| 1886 | Liabilities exceeded assets by $191,512.29 |
| 1887 | $729,562.02; $427,692.42 |
| 1888 | $631,374.08; $360,649.76 |
No new loan has been raised.
(b) ... (see footnote)
Amount of present Loan: £200,000. Amount of Sinking Fund: £17,680.
The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the past six years has been as follows:
| Year | Military Contribution (exclusive of Defensive Works, inclusive of Volunteer Corps) |
|---|---|
| 1881 | $114,498.78 |
| 1883 | $117,337.00 |
| 1886 | $124,561.68 |
| 1887 | $128,815.63 |
| 1888 | $134,594.68 |
| 1889 | $134,261.12 |
Defensive Works (figures as listed in original, currency and alignment uncertain):
$3,464.64
£650.0.4
£12,576.10.2
$68,153.45
$217,901.15
$258,444.28
$62,115.90
$63,753.73
£39,230.0.0
£43,710.7.6
£10,036.4.0
£9,678.14*
---
Footnotes:
(4) The included a sum of $150,000 debited to the last year; it has been ascertained that this sum has been transferred to the Money Order Office.
(3.) A loan of £200,000 having been raised during 1887 to be paid off on the 1st of March, 1907.
HONGKONG.
No. 18
90.
REPORT ON THE BLUE BOOK AND DEPARTMENTAL REPORTS FOR 1889.
Laid before the Legislative Council, by Command of His Excellency
the Officer Administering the Government,
1.-TAXATION,
There have been no changes under this head.
2.-REVENUE AND EXPENDITURE,
Tie Reventie amounted to $1,978,274.73, or excluding premiums from Land Sales to $1,823,549.13; - the Expenditure amounted to $1,833.718.79, including Extraordinary Works; exeluding these, ∞ $1,459,167.16.
The Revenue and Expenditure for the
Year.
Revenue.
1585..........$1,251,889.70
1886.......... 1,367,977.74 1887,.. ... 1,427,485.79 1888,......... 1,557,300.03 1889.......... 1,823,549.13
past five years
have been:-
Premiums from Land.
$ 66,658.30 34,731.59 155,238.02
Ordinary
Expenditure.
Extraordinary
Expenditure, including
Defensive Works.
$1,146,103.15
$473,147.24
1.195.236.8!
825.624.84
1.278,181.68
744,820.38
160,688.64
1,461,459,64
330,870.03
154 725.60
1,459,167.16
374,551.68
3.-LOCAL REVENUES.
The Chinese inhabitants contributed in 1889, by voluntary assessment among them-
eves, to the pay of the District Watchmen,
al received from the Government for the same object a grant-in-nid of
4.—ASSETS AND LIABILITIES.
.$7,350.13 2,084.00
On the 31st December, 1889, the assets of the Colony exceeded its linbilities by...$505,109.87 (a) The surplus assets in:—
In 1886, the liabilities exceedle the assets by..... 191,512.29 In 1887, the surplus asects were.............................
1884, were
1883.
师
.$ 729,562.02 427,692.42
$
1888.
No new joan has been raised.
Do.
$631,374.08 (b) .$ 360,649.76
5.-Puntic Dent.
Amount of present Loan. 2200,000. Amount of Sinking Fund, £17,680,
6.-Military Expenditure.
The Military Expenditure (inclusive of the Volunteer Corps) defrayed by the Colony during the
47 six years has been as follows:-
Military Contribution, exclusive of Defensive Works, and
inclusive of Volunteer Corps.
1881........ ..................$114,498.78
1883,.
$117,337.00
1886,
$124,561.68
1887.
$128,815.63
18ES,
$134,594.68
1889.
$134,261.12
Defensive Works.
Defensive Works.
$ 3,464.64
£ 650. 0.4
£12,576.10.2
$ 68,153.45 $217,901.15 $258,444.28 $ 62,115.90
$ 63,753.73
£39,230. 0.0
£43,710. 7.6
£10,036. 4.0
£ 9,678.14 *
(4) The included a sus of 150,000 debited to the last Offer, it has been ascertained that this rum has been - hårstel the Money Order Office.
(3.) A Can of £200,000 having been raised during 1887 to be paid off on the lat of March, 1907.
No comments yet.
Private notes are available after approval.