CO129-597-2 Estimates 1949 1-3-1948 - 14-7-1949 — Page 154

(see minute

3/11/48)

1

General Revenue Balones

at-

1.4.47.

✡ Revenue surples 1947/48

155

Hong Kong Financial Position 32.)

$

Wat time liabilities

497,434

(1)

$

Reinstatement of note funds 10, 360, 000

36, 597, 136 Occupation period pay'

HMan grant of tim under financial settlement (not yet paid)

16,00

Certain live-was balances

(vids parn 50 (30))

(1)

Small-craft supplied by

Mutistry of Transport Shipping Control Board (')

Re-nistatement of three was (2)

deposits

9,500,

3,187.000

3,500,000

8,000,00

Items not included above

H.K. Gouts claim on

56,084,570

was office

$2,368,

Clarins against God's

vide para. 5 7(30)

of hudia and Burum

34,547,000

(1)

25

,000, 000

Requisitioned broperty

demed to

entury-estimated

59, 547, 000

(1) See (e), (6), (9). (L) and (i) 9 (16 A) (2) Sce para- 8 1 (30) and diso (2) m54126/3/48

X. Vide (26). This figure in arrived at as

Revenue $164,298,310

Expenditure $127, 701, 174

Surplus

$ 36,597,136

follows:-

Cutstanding wartime liabilities shown at (1) - (14) in (ICA)

ourt

included in

expenditure

The revenue figure exceeds the final estimats given in para 4 of (9) by juist under $12 M. (£750,000) and must, I think, therefore include the HMG advance previously charged to suspense, repayment of which financial agreement.

"This is a point we ought perhaps and H.K. to confirm?

was waured under the