Estimates-1961 — Page 174

HEAD 5-FINES AND FORFEITURES

Estimate 1960/61

Revised estimate 1959/60

Approved estimate 1959/60

$3,646,500

3,438,800

4,009,600

4,330,791

173

Actual revenue 1958/59

The decrease in the revised estimate for 1959/60 is mainly due to a decline in the number of seizures of contraband. The estimate for 1960/61 shows an increase of $207,700 over the revised 1959/60 figures, but is $363,100 below the approved estimate for 1959/60.

HEAD 6 - FEES OF COURT OR OFFICE

Estimate 1960/61

$56,768,900

Revised estimate 1959/60

66,684,300

Approved estimate 1959/60

53,144,300

59,219,488

Actual revenue 1958/59

The revised estimate for 1959/60 shows an increase of $13,540,000 over the approved estimate. $1,305,000 of this increase is attributable to additional contributions to the Widows' and Orphans' Pension Scheme consequent upon the Salaries Revision. The decision to transfer most of the loans issued out of revenue to the Development Loan Fund has resulted in a cash transfer from the Fund to Revenue of some $3.67 millions. One large deposit no longer required was also transferred to Revenue.

HEAD 7- WATER REVENUE

Estimate 1960/61

Revised estimate 1959/60

Approved estimate 1959/60

$18,863,000

15,211,000

14,863,000

14,215,894

Actual revenue 1958/59

The increased revised estimate for 1959/60 is due to higher consumption of water. water charges proposed account for an increase of $3.5 millions in the 1960/61 estimate.

Estimate 1960/61

Revised estimate 1959/60

Approved estimate 1959/60

Actual revenue 1958/59

HEAD 8 — POST OFFICE

$50,167,000

40,873,500

34,350,000

34,629,035

The higher

The revised estimate for 1959/60 shows a marked increase of $6,523,500 over the approved estimate, due mainly to the following items:-

Parcel post

Postage

Postal Union transit charges for surface mail

Conveyance of foreign air mail

$1,251,000

4,000,000

794,000

421,000

The estimate for 1960/61 shows a further rise as activities are expected to continue to increase, especially in view of the expected introduction of football pools to the Colony.

1959/60.

HEAD 9— KOWLOON-CANTON RAILWAY

Estimate 1960/61

$7,215,000

Revised estimate 1959/60

7,439,000

Approved estimate 1959/60

6,535,000

Actual revenue 1958/59

7,320,987

Passenger service receipts account for $700,000 of the increase over the approved figures for