CO129-623-4 Supplementary Expenditure- includes an annual report for the year ending March 1950 1-12-1950 - 30-11-1951 — Page 79

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98

COLONY OF

HONG KONG.

Statement of Revenue in the Year 1949/1950, under

29

Heads and Sub-Heads as Compared with the Estimates.

Heads and Sub-heads.

Estimated.

Actual.

Increase.

Decrease.

$

$

¢

Brought Forward

149,867,000

224,206,391.67

79,683,959.79

5,344,568,12

4

Explanatory Remarks.

9.—REVENUE FROM LAND RENTS, PROPERTIES AND

INVESTMENTS.

1. Buildings and Furniture

500,000

1,378,981.88

878,981.88

2. Gunpowder Storage

30,000

53,130.97

23,130.97

3. Hire of Government Marine

Transport

300,000

471,077,52

171,077.52

4. Hire of Government Motor

Vehicles

100,000

300,839.86

200,839.86

5. Interest

250,000

943,907.61

693,907.61

6. Lands Not Leased (Permits for

Encroachments, etc.)

500,000

2,014,218.22

1,514,218.22

7. Laundries

6,000

6,129.00

8. Leased Lands, (Crown Exclusive of N.T.)

Rent

670,000

695,970.68

9. Leased Lands, (Crown Rent N.T.)

300,000

329,310.18

129.00

25,970.68

29,310.18

10. Markets

950,000

1,150,536.10

11. Piers and Wharves

232,000

261,043.46

12. Pineapple Land Leases

100

13. Stone Quarries

30,000

14. Bathing Beaches

52,385.35 20,610.00

15. Leased Lands, Leases)

(Short Term

12,312.00

12,312.00

119.30

200,536.10

29,043.46

19.30

22,385.35 20,610.00

More rentals collected from requisi-

tioned premises.

Increased tonnage.

Arrears collected.

do.

-

Larger balances available.

More permits granted.

More land sales.

―

do.

Underestimated.

Increase of Rents and a new market

opened at Tai Po.

Under estimated.

More permits issued. New item.

do.

Total

3,868,100

7,690,572.13

3,822,472.13

10. MISCELLANEOUS RECEIPTS.

66,690.00

Variable.

do.

Increased services.

Overestimated,

Diocesan Boys' School repaid $40,000

instead of $2,000 as estimated.

Increased population.

More telephones installed.

1. Other Miscellaneous Receipts

250,000

398,575.66

148,575.66

2. Overpayments in previous years 3. Radio and Telegraph Concession

100,000

1,738,647.15

1,638,647.15

340,000

367,571.16

27,571.16

4. Repayment of Loans to Fisheries

Department

316,690

250,000.00

66,690.00

5. Repayment of Loans to Schools

33,100

76,100.00

43,000.00

6. Royalty payable by the China

Motor Bus Co., Ltd.

750,000

1,506,803.51

756,803.51

7. Royalty payable by the H.K.

Telephone Co., Ltd.

180,000

335,112.35

155,112.35

Carried Forward

Carried Forward

1,969,790

153,735,100

4,672,809.83

2,769,709.83

231,896,963.80

83,506,431.92

5,344,568.12

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