CO129-610-3 Rehabilitation of Hong Kong University 15-2-1949 - 7-2-1950 — Page 153

Revers

1

2

Government Grant

EXPENSES TO BE MET

Sir Robert Ho Tung

-

Women's Hostel

Pavilion & Grounds

S

Donations

Gymnasium

Donations

Deficit

$ 4,000,000.00

1,000,000.00

100,000.00

50,000.00

5,150,000.00

2,043,350.50

$7,193,350.50

The deficit has already in part been met by the allocation to

Re-establishment charges of a total sum of $1,523,609.25

derived mainly from interest on endowment accumulated during

the occupation years. The University is therefore left still

with the responsibility of finding $519,946.25 from savings

during the next two or three years.

162