Estimates-1914 — Page 121

Appendix III.

CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1914.

Estimated Revenue,.

DEDUCT:-

Light Ducs, Special Assessment,

Opium Monopoly,

CLASS I.

104,500 (1)

921,960 (2)

CLASS II.

Kowloon-Canton Railway,.

372,600 (3)

CLASS IV.

Widows' and Orphans' Pensions Contributions,

44,000

(4)

Land Sales,

CLASS V.

Revenue assessable to Defence Contribution,

9,752.960

250,000 (5)

1,693,060

8,059,900

20% of $8,059,900

= 1,611,980

Add estimated arrears on account of 1913 Contribution,

87,000

(1) C.O. Despatch No. 185 of 13th August, 1908.

(2) C.O. Telegram of 11th October, 1913.

Gross Receipts :--

Farm for January and February,

Government Monopoly for 10 months,

Less Expenses :—-

Personal Emoluments,.

Other Charges,

Special Expenditure,

Net receipts,

(3) C.O. Despatch No. 250 of 19th August, 1911.

Gross Receipts,

Less Working Expenses,

Interest@31% on Inscribed Stock Issue of 1906 (£1,143,933)=£40,038, Sinking Fund @ 1% on 3% Inscribed Stock Issue of 1906

(£1,143,933)=£11.440,...

Interest @3% on advances by Crown Agents to meet cost of Railway

construction,

(4) Ordinance No. 15 of 1908, s. 5. (5) Ordinance No. Iof 1901, s. 2.

Deficit,

Total,... $1,698,980

$ 197,200 2,376,00

$2,573,200

.$ 9,060 897,900 15,000

921,960

..$1,651,240

$ 372,600

$ 271,209

436,778

124,800

9,077

841,864

$ 469,264

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