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HONG KONG LEGISLATIVE COUNCIL.
Summing up, the financial position is as follows:-
Original revised estimate
$1,500,000
Additions:
Net extra cost of machinery
$20,000
Additional berth
40,000
Alterations to waiting area and Con-
struction of accounts office
12,000
Salaries
107,000
179,000
Total $1,679,000
It will be seen therefore that the total cost of the Ferry Piers will be $179,000 more than the original revised estimate, largely owing to the salaries of the permanent staff not having been included, and I propose to ask for a supplementary appropriation next year.
The resolution I am about to move, however, is necessitated by the bulk of the expenditure for the Vehicular Ferry falling in the current year,
Council by resolutions dated 16th July, 1931, and 10th December, 1931, apportioned $730,000 for 1931, and $770,000 for 1932 respectively. The actual expenditure in 1931, however, only amounted to $417,907 or $312,093 less than voted whereas the expenditure this year will be approximately $1,060,000, or $290,000 more than the sum voted.
Before I move the resolution I wish to call attention to the alteration of the figure $275,000 to $290,000 owing to a miscalculation discovered after the Agenda had been printed. Although this has been circulated, yet as two clear days notice has not been given, I ask Your Excellency's permission under Standing Order 15 to dispense with the necessary notice.
This was agreed to.
I now
move "That this Council approves of the further expenditure of $290,000 on the Vehicular Ferry during the financial year 1932 which sum shall be met from a future loan and shall meanwhile be charged as an advance from the surplus balances of the Colony."
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