Total Revenue and Expenditure for the last Five Years: 1894-1898 inclusive.
1894.
1895.
1896.
1897.
1898.
Revenue $ 2,287,203.32 $ 2,486,228.89 $ 2,609,878.94 $ 2,686,914.70 $ 2,918,159.24 Expenditure... $ 2,299,096.00 $ 2,972,363.01 $ 2,474,910.37 $ 2,641,409.71 $ 2,841,805.20 Surplus or deficit $ 11,892.68 $ 486,144.12 + $134,968.57 + $45,504.99 $ 76,354.04HONG KONG,
1898.
COLONIAL REPORTS-ANNUAL
There was in 1898 an additional expenditure of $135,845.85; but this was due to public works extraordinary, and was therefore chargeable against the loan. The amount so expended was $1,984.15 less than had been estimated.
(B.) IMPORTANT CHANGES IN TAXATION,
In deference to the wishes of the shipping community the light dues were in 1898 reduced from 2 cents to 1 cent per ton. This accounts for the difference (amounting to $62,531.26) between the receipts from this source in 1897 and 1898.
(C) ASSETS AND LIABILITIES.
ASSETS. LIABILITIES, Subsidiary coins in transit $ 345,000.00 Drafts drawn by Crown Agents, in transit $ 82,000.00 $ 650,000.00 Military contribution $ 60,570.34 Arrears of taxes $ 21.87 Deposits not available $ 407,080.76 Crown rent $ 40,433.92 Refund of taxes $ 2,500.00 Advances to be recovered $ 48,885.07 Suspense house service Officers' remittances, not yet paid... $ 26,613.00 Money orders, not yet paid $ 5,461.75 Transit charges Pensions due to civil officers police $ 12,881.99 Private drainage works $ 5,900.00 Overdrawn balance... $ 15,900.00 $ 11,000.00 $ 202.36 Total Assets $ 1,089,802.61 $ 251,905.77 Balance of Assets over Liabilities $ 213,358.89 Total Liabilities $ 876,444.22 Less Balance of 1893 Loan $ 123,334.14 Balance $ 90,024.75 Total $ 1,089,802.61 Total $ 213,358.89COLONIAL REPORTS-ANNUAL.
HONG KONG,
1898.
6
500
Revenue
Expenditure...
Surplus or deficit
HONG KONG,
1898.
1897.
1398.
Total Revenue and Expenditure for the last Five Years: 1894-1898 inclusive.
1894.
1895.
1896.
2.287,203.32
$ 2,486,228.89
$ 2,609,878.94
2,686,914.70
2,918,159.24
2,299,096.00
2,972,363.01
2,474,910.37
2,641,409.71
2,841,805.20
11,892.68
486,144.12
+ 134,968.57
+
45,504.99
76,354.04
COLONIAL REPORTS-ANNUAL
There was in 1898 an additional expenditure of $135,845.85; but this was due to public works extraordinary,
and was therefore chargeable against the loan. The amount so expended was $1,984.15 less than had been estimated.
(B.) IMPORTANT CHANGES IN TAXATION,
In deference to the wishes of the shipping community the light dues were in 1898 reduced from 2 cents to 1 cent per ton. This accounts for the difference (amounting to $62,531.26) between the receipts from this source in 1897 and 1898.
ASSETS.
(C) ASSETS AND LIABILITIES.
LIABILITIES,
3
Subsidiary coins
in transit
17
38
345,000.00 650,000.00
Drafts drawn by Crown Agents, in transit Military contribution
82,000.00
60,570.34
Arrears of taxes
21.87
Deposits not available
407,080.76
11
Crown rent
40,433.92
Refund of taxes
2,500.00
Advances to be recovered
48,885.07
Suspense houso service
Officers' remittances, not yet paid...
26,613.00
5,461,75
Money orders, not yet paid
Transit charges
Pensions due to civil officers
polico
Private drainage works
Overdrawn balance...
12,881.99
5,900.00
15,900.00
11,000.00
202.36
251,905.77
876,444.22
Total Assets
$ 1,089,802.61
Balance of Assets over Liabilities Less Balance of 1893 Loan
Total
Total Liabilities
Balance
Total
213,358.89
123.334.14
$90,024,25
213,358.39
$ 1,089,802,61
COLONIAL REPORTS-ANNUAL.
HONG KONG,
1898.
6
500
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