Estimates-1918 — Page 120

Appendix II.

CALCULATION OF DEFENCE CONTRIBUTION FOR THE YEAR 1917.

Estimated Revenue,

DUCT:-

CLASS I

Light Dues, Special Assessment,

Assessed Taxes, Special War Rate.......

Opium Monopoly,

*

14,763,590

85,000 (1)

1,007,000 (2)

725,428 (3)

CLASS II.

Kowloon-Canton Railway,

437,000 (4)

CLASS IV.

Widows and Orphans' Pensions Contributions,

61,200 (5)

CLASS V.

Land Sales,

Interest on 6% War Loan ($3,000,000).......

Sinking Fund on above,

200,000 (6)

180,000

200,000

(7)

2,895,628

Revenue assessable to Defence Contribution,

Add estimated arrears on account of 1917 Contribution,..........

(I) 0.0. Despatch No. 185 of 13th August, 1908.

Ordinance No 18 of 1917, s. 8.

For details see Statement overleaf.

Total..

11,867,962

20% of $11,867,962

= 2,373,592

347,820

C.O. Despatch No. 250 of 19th August, 1911. Gross Receipts;

437,000

Less Working Expenses including $72,985 for

Construction", under Special

Expenditure,

$ 468,720

Interest @ 3。 on Inscribed Stock Issue of 1906 (£1,143,933)=£40,038. Sinking Fund @ 1% on 32 Inscribed Stock Issue of 1906

(£1,148,933)= £11.440.................

400.380

114,400

983.500

Deficit......

546,500

B) Ordinance No. 15 of 1908, s. 5,

Ordinance No. 1 of 1901, s. 2.

Ordinance No. 1 of 1917.

2,721,412

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