16
5
-
C.
127,113.64 138,330.30
17,029,003,58
1,571,609.93
I-FINANCES.
The revenue for the year amounted to $23,244,365 being $1.431,665 more than the estimate and $965,275 less than the revenue for the previous year.
Compared with the returns for 1924 there were decreases under all the heads except Kowloon-Canton Railway, Licences and Internal Revenue and Miscellaneous Receipts.
The expenditure amounted to a total of $26,720,428 inclusive of a sum of $8,112,785 spent on Public Works Extraordinary.
The detailed figures for 1925 are set out in the following statements:-
Light Dues
HEADS OF REVENUE.
Light Dues, Special Assessment
Licences and Internal Revenue not otherwise
specified
Fees of Court or Office, Payments for specific purposes, and Reimbursements in Aid -
Military Expenditure exceeded the estimate by $92,436 due to increase in revenue. Education Department decreased $128,468 on account of fewer Building Grants and Lapsing Salaries.
Audit Department
EXPENDITURE.
C.
Governor
104,018.69
Cadet Service
307,301.43
Colonial Secretary's Department and Legis-
lature -
69,472.10
Secretariat for Chinese Affairs
29,225.63
50,706.40
Treasury
74,597.49
Harbour Master's Department
833,133.11
Imports & Exports Department
878,166.55
Royal Observatory
41,955.51
Miscellaneous Services
1,170,050.55
Judicial and Legal Departments -
338,075.65
Police Force
1,898,822.77
Fire Brigade
333,846.85
Prison Department
462,827.01
$23,244,365.94
to
The total expenditure brought to account amounted $28,206,817 being $2,196,794 less than the estimate, and $1,540,389 more than the expenditure in 1924. Compared with the estimates there were increases under 9 heads as against 20 heads where there were decreases. The excess amounting to $465,771 ander Miscel- laneous Services was due to:
www.
Post Office
Kowloon-Canton Railway
432.846.80
Rent of Government Property, Land, and
Houses
1,232,704.36
Interest
612,780.04
Miscellaneous Receipts
804,483.16
TOTAL, (Ordinary)-
$22,674,123.32
Land Sales, (Premia on New Leases)
570,242.62
TOTAL
725,245.51
Medical Department
623,241.10
Sanitary Department
645,249.62
Botanical and Forestry Department
96,371.78
Education Department
1,019,905.23
Military Expenditure -
4,352,856.45
Public Works Department
Do.
Do.
Port Development Department
Port Works Extraordinary
Post Office -
Kowloon-Canton Railway
Charge on Account of Public Debt Pensions
Charitable Services
1,425,010.21
Recurrent
Extraordinary
1,574,431.75
8,638,930.87
77,500.16
638,265.89
271,819.66
762,271.89
952,346.91
516,330.51
79,486.14
TOTAL
- $28,266,817.94
$
C.
British Empire Exhibition ·
205,197.00
Language Study Allowances
8,092.00
Motor Car Running Expenses
11,008.00
Other Miscellaneous Services
7,483.00
Rent Allowances, European Subordinate
Officers
8,970,00
Rent Allowances, Asiatic Subordinate
Officers
8,707.00
Stationery
23,873.00
Transport of Government servants
14,071,00
Gratuity to Mr. John Duncan
9,956.00
Strike Expenses -
198.106,00
The balance to the debit on the year's working was $5,022,452 and the assets and liabilities account showed on the 31st December a credit balance of $8,113,482.68.
The following is a statement of the revenue and expenditure of the Colony for the five years 1921-1925 :—
1921
Revenue.
$ 17,728,132
Expenditure.
1922
15,739,652 22,291,065 18,563,003
1923
24,783,763
21,571,905
1924
24,209,640 26,726,428
1925
23,244,365
28,266,817
17
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