540708-1905-Report-on-the-Assessment-for-1905-6 — Page 1

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THE HONGKONG GOVERNMENT GAZETTE, 28TH JULY, 1905.

GOVERNMENT NOTIFICATION.--No. 471. The following Report on the Assessment for the year 1905-1906, is published.

By Command.

Colonial Secretary's Office, Hongkong, 28th July, 1905.

REPORT ON THE ASSESSMENT FOR THE YEAR 1905-1906.

F. H. MAY, Colonial Secretary.

ASSESSOR'S OFFICE, HONGKONG, 11th July, 1905.

SIR, I have the honour to submit my Report on the Assessment for the year

1905-1906.

2. By order of His Excellency The Governor in Council a new Valuation has been made of :-

The City of Victoria.

The Hill District.

Kowloon Point.

Yaumati.

Hung Hom. Mongkoktsui. Shaukiwan.

Tai Hang.

The existing valuation of all other places being a lopted for the ensuing year.

The City of Victoria.

3. The result of the new Valuation is that the Rateable Value of the City of Victoria shews an increase of $489,345 or 5.83 per cent.. having risen from $8,342,470 to $8,831,815.

The Hill District.

4. The Rateable Value of the Hill District is now $248,265 as compared with $230,205 last year, an increase of $18,060 or 7.84 per cent.

Kowloon Point.

5. The Rateable Value of Kowloon Point has increased from $370,650 to $115,035, an addition of $44,385, equivalent to 11.97 per cent.

Yaumati.

6. The re-valuation of Yaumati has resulted in a small decrease of 1.06 per cent. The Rateable Value being $250,470, against $253,160, a difference of $2,690.

Hung Hom.

7. There is a small increase in the Rateable Value of Hung Hom of $535 or 0.26 per cent. The new Assessment being $200,245, as compared with $199,710

last year.

Mongkoktsui.

S. The Rateable Value of Mongkoktsui is now $133,060, against $123,510 last year, an increase of $9,550 or 7.73 per cent.

Shaukiwan

9. The Rateable Value of Shaukiwan amounts to $49,122, as compared with $35,769 last year, an addition of $13,353 or 37.33 per cent.

Tai Hang.

10. The Rateable Value of Tai Hang has been increased from $7,485 to $12,275, a difference of $4,750 or 63.99 per cent.

Hongkong Villages,

11. The Rateable Value of the Hongkong Villages, ie, all places on the Island not separately mentioned above is now $189,927, against $191,117 last year, a decrease of $1,190 or 0.62 per cent.