TNAG-1073-FCO40-1323-Policy-of-the-Government-of-Hong-Kong-on-education-including-1981 — Page 295

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With additional estimated expenditure of $197.9 million on capital

works (education projects) taken into account, the estimated proportion

of total government expenditure set aside for the education budget in

1981-82 rises to 14.5 per cent. Within the framework of these three

heads of expenditure, the two largest areas of expenditure in recent

years have been grants and subsidies to public-sector schools other than

government schools, particularly in respect of the various codes of aid

(see paragraphs 5.24 - 5.36 below), accounting for approximately 62 per

cent of total expenditure, and on grants to the universities and Polytechnic,

accounting for about 23 per cent (excluding student grants).

5.8

Actual gross expenditure on education under the three heads

since 1974-75 has been as follows:

$ million

1974 -75

1975

1976

1977

1978

1979

1980

-76

-77

-78

-79

-80

-81-

Education Department 188.7 200.1

226.4 255.8 282.1

Education Subventions 685.0 721.3

843.2

315.4 452.9

982.4 1161.9 1462.1 1965.3

Universities and

Polytechnic

225.0 310.2

296.4

332.2

414.3 547.5 810.3

Total

(Annual % increase)

1098.7 1231.6 1366.0 1570.4 1858.3 2325.0 3228.5

(13.9) | (12.1) |(10.9) | (15.0) | (18.3)|(25.1) | (38.9)

* Revised estimate (1980-81)