CO129-507-1 Proposal to dispose of Boxer Indemnity funds- claim by Hong Kong university 21-12-1927 - 24-7-1928 — Page 155

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THE

1

UNIVERSITY OF HONGKONG.

Income and Expenditure Budget for the Year 1928.

EXPENDITURE

Estimates for year

$

C.

INCOME

Estimates for year

C.

I. General Administrative.

Salaries and Allowances Wages

General Expenses

II. -Grounds and Buildings.

Wages

General Expenses

III.-Teaching.

Medical Faculty

Chair of Surgery

Interest.

62,418.00 13,920.00

On General Silver Endowment

150,000.00

On Mr. Loke Yew's Loan

37,500.00

13,200.00

On Sterling Endowment£4599/10/-@ 2

46,000,00

Interest on Fixed deposit

1,125.00

Rockefeller Endowment Fund

56,250.00

9,134.00

31,100.00 Fees.

Tuition Fees

93,000.00

Tuition Fees Chinese Language School

1,800.00

56,111.00

Hostel

50,000.00

24,212.00

University Examination Fees

4,500.00

Chair of Medicine

27,479.00

Chair of Obstetrics...

21,375.00

Matriculation and Local Exam. fees Registration Fees

17,000.00

400.00

Engineering Faculty

61,029.00

Graduation Fees

900.00

Arts Faculty

Chemistry

66,870.00 Hongkong Government Grant. 14,208.00 Donation:-H. K. Gen. Chamber of

50,000.00

Physics

12,538.00 Commerce

12,000.00

Mathematics

9.225.00

Biology

Chinese Department

3,500.00 19,264.00

Chinese Chamber of Commerce Mr. Kwok Cheung Yeung... House Rent

1,000.00

5,000.00

5,400.00

Contra Mr. Kwok

Bookstore Profit

1,000.00

Cheung Yeung

5,000.00 Miscellaneous Receipts

3,000.00

IV. Miscellaneous Services.

University Examinations

Matric. & Local Examinations Library

Power Station Maintenance... Maintenance of Hostels

Donor and Free Scholarships

5,450.00 12,000.00

Balance of Contribution made by certain Chinese gentlemen in S. S. and F. M. S. for the establishment of a Chinese Faculty Chinese Language School Estimated Deficit

19,264.00

13,800.00

5,280.00

12,608.00

:

1,008.00

42,000.00

15,000.00

120.00

Ng Li Hing Scholarship

Chinese Language School

Loss on Exchange...

15,600.00

10,000.00

IV. Sinking Fund

13th Instalment of Sinking Fund in

respect of Mr. Loke Yew's Loan

9,850 00

$

574,219.00

Total Estimated Expenditure........

Less Estimated Income...

Estimated Deficit.....

Hongkong, 1st. January, 1928.

(Sd.) W. B. Finnigan.

Registrar.

$574,219

$568,939

$ 5,280

$ 574,219.00