(E) THE FIRST STAGE OF THE REGIONALISATION SCHEME FOR ADMINISTRATION OF MEDICAL AND HEALTH SERVICES WILL BE IMPLEMENTED, AND SUBVENTIONS WILL BE GIVEN TO VOLUNTARY AGENCIES TO SUPPORT A PILOT SCHEME FOR COMMUNITY NURSING.
(F) PUBLIC ASSISTANCE ELIGIBILITY WILL BE EXTENDED TO YOUNG PERSONS AGED 15 TO 17 WHO ARE UNEMPLOYED FAMILY MEMBERS, AND TO ABLE-BODIED UNEMPLOYED ADULTS BETWEEN 18 AND 55 WHO, HAVING RESIDED
IN HONG KONG FOR OVER TWO YEARS, HAVE BEEN OUT OF WORK FOR A MONTH.
(G) WORK WILL BEGIN ON A NUMBER OF MAJOR PUBLIC WORKS PROJECTS INCLUDING THE CONSTRUCTION OF A NEW RAILWAY TUNNEL THROUGH BEACON HILL, THE FIRST STAGE OF THE HONG KONG ISLAND EAST CORRIDOR HIGHWAY, THE ABERDEEN TUNNEL AND THE SECOND STAGE OF THE
TUEN MUN ROAD (DOUBLING ITS CAPACITY). LAND WILL BE ACQUIRED FOR THE CONSTRUCTION OF THE COASTAL ROAD FROM SHA TIN TO TAI PO.
15.
REVENUE ESTIMATES:
RECURRENT
DOLLARS 7,474 MILLION
CAPITAL
DOLLARS 938 MILLION
TOTAL
DOLLARS 8,312 MILLION
SO THE DIFFERENCE BETWEEN THE DRAFT ESTIMATES OF EXPENDITURE AND THE REVENUE ESTIMATES AS PRINTED IS A SURPLUS OF DOLLARS 167
MILLION.
16. THE REVENUE ESTIMATES HAVE REGARD TO THE PROPOSAL ANNOUNCED IN
LEGISLATIVE COUNCIL IN 5TH JANUARY 1977 TO REDUCE THE GENERAL RATE FOR THE URBAN RATING AREAS FROM 12% BY 4 1/2 PERCENTAGE POINTS TO 7 1/2% AS APPLIED TO THE RATEABLE VALUES ASSESSED IN 1976. BUT THEY DO NOT TAKE ACCOUNT OF CERTAIN TAX CONCESSIONS AND REFORMS
COSTING DOLLARS 127 MILLION IN FOREGONE REVENUE IN 1977-78. THESE PROPOSALS ARE MADE ON GROUNDS OF EQUITY SIMPLICITY OF ADMINISTRATION OR HAVING REGARD TO CERTAIN SOCIAL CONSIDERATIONS:
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