able progress to be made in developing a workshops costing system. The pilot system which was introduced in the Hong Kong Island Workshop early in 1970 required considerable modification and a new system was introduced in November. It is clear, however, that the manual costing system employed has distinct limitations in terms of its value to workshop management, because the information produced is largely historical, and is not capable of producing weekly summaries and cost analyses of work in progress as would a more sophisticated system using data processing machines. Mechanization of the system is now under consideration and a brief of the sub-department's requirements has been prepared so that companies marketing accounting machines suitable for financial and workshop costing can be invited to investigate and propose suitable equipment for carrying out the work.
Waterworks Office
2.27. The Waterworks Office, which has both a Business Manager and a Treasury Accountant, is largely autonomous in maintaining control and accounting for its expenditure and revenue.
2.28. Because fewer water meters were purchased the total cost of operating and maintaining the Colony's water supply system in 1970-71 amounted to only $42.741M. as compared with $44.655M. in the previous year.
Head 62-65-Public Works Non-Recurrent
2.29. Public Works Non-Recurrent expenditure was incurred under four Heads, namely, Headquarters, Buildings, Civil Engineering and Waterworks. The expenditure falling under 'Headquarters' relates mainly to Compensation for Surrenders and Resumptions arising from a Street Widening Programme and the Urban Renewal Scheme. Other items of non-recurrent expenditure which relate to feasibility studies or investigations concerning proposals or projects not yet in the Public Works Programme are also charged to this Head. The total expenditure for the year 1970-71 under all four Heads was $396.721M., exceeding the approved estimate for the year by some $46M. or 13.14%.
2.30. It is significant that non-recurrent expenditure has increased by 38% in two years. Two main factors account for this situation,
tags. Minor corrections were made to spacing and hyphenation. No rephrasing or rewriting was done. The original word count and order were preserved.
able progress to be made in developing a workshops costing system. The pilot system which was introduced in the Hong Kong Island Workshop early in 1970 required considerable modification and a new system was introduced in November. It is clear, however, that the manual costing system employed has distinct limitations in terms of its value to workshop management, because the information produced is largely historical, and is not capable of producing weekly summaries and cost analyses of work in progress as would a more sophisticated system using data processing machines. Mechanization of the system is now under consideration and a brief of the sub- department's requirements has been prepared so that companies marketing accounting machines suitable for financial and workshop costing can be invited to investigate and propose suitable equipment for carrying out the work.
Waterworks Office
2.27. The Waterworks Office, which has both a Business Manager and a Treasury Accountant, is largely autonomous in maintaining control and accounting for its expenditure and revenue.
2.28. Because fewer water meters were purchased the total cost of operating and maintaining the Colony's water supply system in 1970-71 amounted to only $42.741M. as compared with $44.655M. in the previous year.
Head 62-65-Public Works Non-Recurrent
2.29. Public Works Non-Recurrent expenditure was incurred under four Heads, namely, Headquarters, Buildings, Civil Engineering and Waterworks. The expenditure falling under 'Headquarters' relates mainly to Compensation for Surrenders and Resumptions arising from a Street Widening Programme and the Urban Renewal Scheme. Other items of non-recurrent expenditure which relate to feasibility studies or investigations concerning proposals or projects not yet in the Public Works Programme are also charged to this Head. The total expenditure for the year 1970-71 under all four Heads was $396.721M., exceeding the approved estimate for the year by some $46M. or 13.14%.
2.30. It is significant that non-recurrent expenditure has increased by 38% in two years. Two main factors account for this situation,
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