:
8
TUESDAY, APRIL 30, 1985
THE COST OF THESE PROPOSALS WILL BE ABOUT $1 600 MILLION FOR THE CURRENT FINANCIAL YEAR, AND INCLUDES A SPECIAL GRANT ESTIMATED AT $100 MILLION PAYABLE TO THE URBAN COUNCIL IN ACCORDANCE WITH THE MEMORANDUM OF ADMINISTRATIVE ARRANGEMENTS AND REIMBURSEMENTS OF ABOUT: $25 MILLION TO THE HOUSING AUTHORITY FOR SERVICES CARRIED OUT FOR THE GOVERNMENT.
AS FOR ORGANISATIONS SUBVENTED ON A DISCRETIONARY BASIS, APPROVAL WILL BE SOUGHT FOR SUPPLEMENTARY PROVISION ESTIMATED AT $20 MILLION, WHICH WILL BE MADE AVAILABLE, ON APPLICATION, AFTER CONSIDERATION OF THE MERITS OF EACH REQUEST.
|
IF APPROVED, THE PAY RISE WILL TAKE EFFECT FROM APRIL 1, 1985. OTHER SUBJECTS TO BE DISCUSSED AT TOMORROW'S FINANCE COMMITTEE MEETING INCLUDE:
!
* THE CREATION OF A NEW RECURRENT ACCOUNT SUBHEAD
ENTITLED +EX-GRATIA ALLOWANCE+ UNDER THE HOUSING DEPARTMENT HEAD WITH SUPPLEMENTARY PROVISION OF $838 000;
NEW AND INCREASED COMMITMENTS TOTALLING $663 803 000 COMPRISING $21 782 000 FOR BUILDING PROGRAMMES AT THE UNIVERSITIES, $321 000 FOR THE BAPTIST COLLEGE AND $641 700 000 FOR THE CITY POLYTECHNIC PERMANENT AND TEMPORARY PREMISES;
* APPROVAL OF HIGHER LIMITS OF OVER-COMMITMENT
IN 1985-86 FOR FIVE CAPITAL ACCOUNT BLOCK VOTES FOR WHICH THE STANDARD LIMIT OF 50 PER
CENT IS INADEQUATE.
AT THE SAME MEETING, THE FINANCE COMMITTEE WILL BE ASKED TO APPROVE VARIOUS RECOMMENDATIONS OF THE ESTABLISHMENT SUB-COMMITTEE AND THE PUBLIC WORKS SUB-COMMITTEE.
19
No comments yet.
Private notes are available after approval.