HEAD 10- KOWLOON-CANTON RAILWAY
Estimate 1964-65
Revised estimate 1963-64
Approved estimate 1963-64
$9,823,000
9,821,000
9,450,000
9,721,779
199
Actual revenue 1962-63
There is a slight increase in both the revised estimate for 1963-64 and the estimate for 1964-65
as a result mainly of increased revenue from Goods Services.
HEAD 11- REVENUE FROM LANDS, INTEREST, RENTS ETC.
Estimate 1964-65
Revised estimate 1963-64
Approved estimate 1963-64
$112,216,000
106,962,000
91,399,000
87,246,918
Actual revenue 1962-63
One item of revenue previously credited to this Head is now credited to Subhead 3 in the new Head "Kai Tak Airport and Air Services" and two comparative tables are therefore shown below, the first comparing the 1963-64 original estimate with the revised estimate for the year including the transferred item:-
Approved Estimate 1963-64
Revised Estimate
1963-64
Subhead
Interest
Lands
Rents
Total
$42,000,000
$ 52,300,000
$16,600,000
$ 15,800,000
$32,799,000
$ 38,862,000
$91,399,000
$106,962,000
and secondly comparing the 1964-65 estimate with the revised estimate for 1963-64 excluding the item transferred.
Interest
Lands
Rents
Total
Revised Estimate 1963-64
Subhead
All Sources
Deduct Kai Tak Airport and Air Services
Head 11 less items to be transferred
Estimate 1964-65
$ 52,300,000
$ 52,300,000
$ 52,000,000
$ 15,800,000
$ 38,862,000
$ 15,800,000
$ 15,600,000
$106,962,000
$1,600,000
$1,600,000
$ 37,262,000
$ 44,616,000
$105,362,000
$112,216,000
The principal items of increase in 1964-65 are as follows:—
Subhead
Approved Estimate 1963-64
Revised Estimate 1963-64
Estimate 1964-65
Interest
$42,000,000
$52,300,000
Low cost housing rents...
$ 1,100,000
$ 1,200,000
$ 3,700,000
Resettlement rents......
$19,800,000
$24,500,000
$29,100,000
Remarks
$52,000,000 Higher balances.
More estates completed in
1964-65.
More multi-storey blocks com- pleted and less water charges due to restriction of supply.
Page 200Page 201
200
Estimate 1964-65
Revised estimate 1963-64
Approved estimate 1963-64
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