CO129-509-15 Water supply- development scheme 30-1-1928 - 17-1-1929 — Page 225

Enclosure No. 3.

ESTIMATE OF SURPLUS BALANCES AT 31ST DECELER. 1928.

Surplus Balance at 1st January, 1928 (see Governor's despatch No.192 of 11th April, 1928)

Add:-

Estimated increase of Revenue during 1928

To be recovered from Loan Account

$1,000,000.00

$3,985,761.00

(expenditure on Shing un Valley

Scheme prior to 1927)

1,943,621.00

2,943,621.00

Deduct:-

Estimated deficit for 1928 vide Estimates

2.079.655.00

Difference:- Estimated surplus

Total Surplus Balance estimated as at 31st December, 1928.

Liquid Balance at 31st December, 1928, Estimated

-

$3,000,000.00

863,966.00

$4,849,727.00

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