XN000022-1973-02-28 — Page 37

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Wednesday, February 28, 1973

Of this commitment, $1,050 million was required for expenditure

during the year.

The largest increase in absolute terms was in waterworks items as

a result of delayed payments on the High Island Water Scheme and expenditure

on the single-purpose desalter.

In relative terms, the greatest increase was in Public Works

Non-Recurrent Headquarters.

This was largely due to greater expenditure on compensation for

surrenders and resumptions of land in connection with the Mass Transit

Railway and the urban renewal and improvement schemes.

The Financial Secretary said the outstanding balance on other capital

expenditure at April 1, 1973 was likely to be $668 million.

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