CONFIDENTIAL
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defect which may be disclosed in any approved housing scheme, and the Authority shall give effect to any such directions.' This would, for example, enable Government to deal with the situation that might arise if the Urban Council decided to reduce the standard of refuse collection or street-cleaning services in order to save money for more grandiose purposes.
18. Reserve funds. It would be prudent for the Urban Council to build up reserve funds, to meet expenditure not anticipated in its budget. One such commitment lies in salary increases awarded by Government to its staff, increases which would add to the Council's expenditure on the salaries of the staff
The 1969 5% seconded by Government to U.S.D. and the Council. salary award increased salary outgoings in the department by The about $5 million (without oncosts) in the 1969/70 year. manner of investment of surplus funds should be subject to the Financial Secretary's approval.
General Points
19. Budget variations. In principle the Legislative Council, having approved the Urban Council's budget, should be asked to
In practice, agree to any subsequent departures from the budget. however, it would be appropriate for the Legislative Council to allow the Urban Council considerable discretion as regards modifications of the approved budget without reference to Legislative Council, particularly as the intention is that all Urban Council expenditure should be categorised in the budget under functional heads, that is, there would be one head containing all recurrent expenditure on beach services, one
The following for street cleaning services, and so on. delegation of authority to the Urban Council would seem appropriate : -
(1) Recurrent operating expenses (i.e. "Other charges
recurrent" in the Government Estimates, not including personal emoluments) :
(a) authority to supplement the provision in
any subhead by up to $75,000 per subhead.
CONFIDENTIAL
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