from subheads under the control of the Financial Secretary and is hence not included in the Departmental total of $495,613,000 shown in paragraph 2.10.
Revenue
2.17. Revenue collected by the Department totalled $147,941,000 compared with $124,523,000 in the previous year. The following table shows the main items and indicates the percentage variations compared with 1967-68:
1967-68 1968-69 PercentageNote: (1) Includes $3,792,000 Reimbursements: "Works executed on private accounts'. (2) Includes $3,261,000 Reimbursements: 'Works executed on private accounts".
Deposit accounts--Works Executed on Private Account etc.
2.18. Private developers requiring roads and drainage works to be carried out by the Department paid $2,450,097 on deposit during the year 1968-69. Completed works totalled $3,261,344, which was transferred to revenue, and the balance of all such deposit accounts at the year end was $2,201,568. This is $811,247 less than the balance at the end of 1967-68 which reflects the general slowing down in private development work.
Contractors' difficulties
2.19. The banking crisis in 1965 followed by civil disturbances in 1966 and 1967 had a marked effect on a number of Public Works contractors in 1967-68 and the repercussions continued to be felt in 1968-69. One major contractor was in serious financial difficulties towards the end of the year and seven contracts held by this contractor and an associated concern were re-entered or determined after all attempts to keep work continuing on these contracts had failed. Some
from subheads under the control of the Financial Secretary and is hence not included in the Departmental total of $495,613,000 shown in paragraph 2.10.
Revenue
2.17. Revenue collected by the Department totalled $147,941,000 compared with $124,523,000 in the previous year. The following table shows the main items and indicates the percentage variations compared with 1967-68:
Percentage
1967-68
1968-69
Increase Decrease
Crown Lands Sales
Crown Lands Fees
$
30,592,000
$
35,401,000
15.72%
6,217,000
5,148,000
17.19%
Water Account
***
66,544,000
75,421,000
13.34%
Quarry Products
3,387,000
2,947,000
12.99%
Building Ordinance (Balcony
fees and Building Contrac- tor's registration fees, etc.).
666,000
1,236,000
85.59%
Other Receipts ...
17,117,000(1)
27,788,000(2) 62.34%
124,523,000
147,941,000
Note: (1) Includes $3,792,000 Reimbursements: "Works executed on private accounts'. (2) Includes $3,261,000 Reimbursements: 'Works executed on private accounts".
Deposit accounts--Works Executed on Private Account étc.
2.18. Private developers requiring roads and drainage works to be carried out by the Department paid $2,450,097 on deposit during the year 1968-69. Completed works totalled $3,261,344, which was trans- ferred to revenue, and the balance of all such deposit accounts at the year end was $2,201,568. This is $811,247 less than the balance at the end of 1967-68 which reflects the general slowing down in private development work.
Contractors' difficulties
2.19. The banking crisis in 1965 following by civil disturbances in 1966 and 1967 had a marked effect on a number of Public Works contractors in 1967-68 and the repercussions continued to be felt in 1968-69. One major contractor was in serious financial difficulties towards the end of the year and seven contracts held by this contractor and an associated concern were re-entered or determined after all attempts to keep work continuing on these contracts had failed. Some
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