XN000022-1989-11-29 — Page 23

21

WEDNESDAY, NOVEMBER 29, 1989

HOUSING AUTHORITY'S ANNUAL ACCOUNTS TABLED

ACCORDING TO THE HOUSING AUTHORITY'S ANNUAL ACCOUNTS TABLED AT ACCOUNT THE LEGISLATIVE COUNCIL TODAY, THE AUTHORITY'S ESTATE WORKING

AN OVERALL DEFICIT FOR THE FINANCIAL YEAR ENDED 31 MARCH 1989 SHOWS

OF #431.5 MILLION OF $310.6 MILLION. THIS IS MADE UP OF A DEFICIT

FOR THE MILLION FOR DOMESTIC

A PROPERTIES,

DEFICIT OF $176.7

A SURPLUS CONSTRUCTION AND MANAGEMENT OF TEMPORARY HOUSING AREAS AND OF $297.6 MILLION FROM NON-DOMESTIC PROPERTIES.

WAS

AND

A HOUSING AUTHORITY SPOKESMAN POINTED OUT THAT THE DEFICIT

FOR

OF DEPRECIATION CALCULATED AFTER ALLOWING

$517.5 MILLION

AT 5 PER APPROPRIATIONS OF $1.131.8 MILLION FOR PAYMENT OF INTEREST CENT ON GOVERNMENT'S PERMANENT CAPITAL AND DEVIDENDS AT 50 PER CENT ON NON-DOMESTIC SUPPLUS,

THE

TOTAL INCOME.

WHICH

·

MAINLY FROM

RENTS, AMOUNTED

TO

NEARLY $4,875 MILLION DURING THE YEAR.

*

AS FOR EXPENDITURE, WHICH WAS MORE THAN $4,053.8 MILLION, 8845.5 MILLION WAS ON MAINTENANCE AND IMPROVEMENTS, OF WHICH MORE THAN $833.4 MILLION WAS FOR PUBLIC HOUSING ESTATES, THE SPOKESMAN SAID!

OTHER MAIN EXPENDITURES INCLUDED RATES AND PERSONAL EMOLUMENTS.

SCHEME PURCHASE LOAN SCHEME, THE INCOME

OWNERSHIP AS REGARDS THE AUTHORITY'S OPERATIONS UNDER THE HOME

AND SCHEME

HOME PARTICIPATION SECTOR (DOMESTIC), PRIVATE

SHOWS AND EXPENDITURE ACCOUNT

TAKING ACCOUNT OF $1,640. OVERALL DEFICIT OF $90.3 MILLION, AFTER MILLION FOR LAND AT FULL MARKET VALUE FOR FLATS COMPLETED AND SOLD 1988/89.

AN

IN

MOTION ON URGENT MANDATORY REPATRIATION OF VBP PASSED

*

OF

A MOTION CALLING FOR THE URGENT MANDATORY REPATRIATION VIETNAMESE BOAT PEOPLE CLASSIFIED AS NON-REFUGEES WAS PASSED AT THE LEGISLATIVE COUNCIL MEETING TODAY (WEDNESDAY).

THE MOTION, MOVED BY THE SENIOR MEMBER, THE HON ALLEN LEE. READ: "THAT THIS COUNCIL URGES HER MAJESTY'S GOVERNMENT TO SECURE AS SOON AS POSSIBLE, WHETHER THROUGH THE FULL IMPLEMENTATION OF

THE COMPREHENSIVE PLAN OF ACTION AGREED AT GENEVA IN JUNE THIS YEAR OR THROUGH BILATERAL AGREEMENT WITH THE VIETNAMESE GOVERNMENT, THE URGENT MANDATORY REPATRIATION FROM HONG KONG ΤΟ VIETNAM OF ALL VIETNAMESE BOAT PEOPLE CLASSIFIED AS NON-REFUGEES",

THE MOTION WAS PASSED BY VOICE VOTE.

/OF THE