4
ESTIMATED FINANCIAL POSITION
1950-1951
241
REVENUE
Abstract of actual, estimated, and revised estimates of revenue for the period 1947 to 1951
242
HEAD OF REVENUE
Actual Revenue for 1947-48
Actual Revenue for 1948-49
Revised Estimate 1949-50
Approved Estimate 1950-51
Excess of Assets over Liabilities on 31st March, 1949
72,143,683
$
$
$
$
Revised Estimate of Revenue 1949-50
248,523,927
1. Duties
50,869,977
Revised Estimate of Expenditure 1949-50
190,550,253
2.
Rates
41,111,284 9,984,660 14,984,710
63,250,000 39,300,000
20,700,000 21,518,000
3.
Internal Revenue
38,696,205
70,513,071
66,000,000
76,500,000
Estimated Surplus 1949-50
57,973,674
4.
Licences, Fines, and Forfeitures..
7,441,658
13,195,026
13,600,000
9,646,450
5.
Fees of Court or Office
9,083,327
14,342,833
20,200,000
16,977,830
130,117,357
6.
Water Revenue
5,667,228
6,312,940
7,850,000
5,786,400
7.
Post Office
7,065,230
9,325,005
12,000,000
10,095,000
Estimated Revenue 1950-51
Estimated Expenditure 1950-51
Estimated Surplus 1950-51
Estimated Excess of Assets over Liabilities on 31st March, 1951.........
204,139,480
8.
Kowloon Canton Railway
6,370,859
7,000,944
7,000,000
7,004,000
9.
Revenue from Land, Rents, etc.
3,557,493
5,247,349
6,750,000
6,201,100
200,839,083
10.
Miscellaneous Receipts
4,456,812
6,785,405
9,350,000
7,790,000
11.
Colonial Development and Welfare
3,300,397
Grants
215,559
1,086,409
12.
Grants from United Kingdom
570,700
Government
12,000,000
16,000,000
133,417,754
13.
Land Sales
Total Revenue
164,298,310
194,933,955
155,193,449 189,034,126 243,786,409 201,389,480 9,104,861 5,899,829 4,737,518 2,750,000
248,523,927 204,139,480
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