department was re-organized, and re-named as Accounting Services Section, on 1st October, 1971 by the amalgamation of the Costing Section and Financial Accounts Section. In conjunction with the Planning and Progress Section and other officers of the E. & M. Office, considerable progress has been achieved in the further development and implementation of workshop costing systems. The existing costing system has extended to Vehicle Workshops, Air-conditioning and Refrigeration Workshops and Electrical Workshops in Caroline Hill, Hong Kong. However, the manual costing system employed has distinct limitations in coping with the ever-increasing volume of work in the E. & M. Office. Furthermore, as the information so produced is largely historical, its value to workshop management is limited. Mechanization of the system is now under active consideration and companies marketing accounting machines suitable for financial and workshop costing have been invited to investigate and propose suitable equipment for carrying out the work. It is hoped that by the acquisition and employment of more sophisticated accounting equipment, the weaknesses of the manual costing system may be eliminated.
Waterworks
2.24 Expenditure incurred during the year by the Waterworks Office on the operation and maintenance of the water supply system amounted to $48,733,255 as compared with $42,741,451 in 1970-71. The increase may be attributed to the continuous expansion of the system and substantially higher rates in new maintenance contracts.
Heads 64-67-Public Works Non-Recurrent
2.25 Expenditure on Public Works Non-Recurrent projects was again accounted for under four Heads: Headquarters, Buildings, Engineering and Waterworks. All Heads except 'Headquarters,' which contains a number of miscellaneous projects and in which the bulk of the expenditure relates to compensation for surrenders and resumptions of land, showed substantial increases in expenditure over the previous year in reflection of the continuing expansion of Government services. The total expenditure under all four Heads in 1971-72 was $533,382,988, which was $136,661,766, or 34.45%, more than in 1970-71 and exceeded the approved estimates by 0.63%.
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department was re-organized, and re-named as Accounting Services Section, on 1st October, 1971 by the amalgamation of the Cost- ing Section and Financial Accounts Section. In conjunction with the Planning and Progress Section and other officers of the E. & M. Office, considerable progress has been achieved in the further develop- ment and implementation of workshop costing systems. The existing costing system has extended to Vehicle Workshops, Air-conditioning and Refrigeration Workshops and Electrical Workshops in Caroline Hill, Hong Kong. However, the manual costing system employed has distinct limitations in coping with the ever-increasing volume of work in the E. & M. Office. Furthermore, as the information so produced is largely historical, its value to workshop management is limited. Mechanization of the system is now under active consideration and companies marketing accounting machines suitable for financial and workshop costing have been invited to investigate and propose suitable equipment for carrying out the work. It is hoped that by the acquisition and employment of more sophisticated accounting equipment, the weaknesses of the manual costing system may be eliminated.
Waterworks
2.24 Expenditure incurred during the year by the Waterworks Office on the operation and maintenance of the water supply system amounted to $48,733,255 as compared with $42,741,451 in 1970-71. The increase may be attributed to the continuous expansion of the system and sub- stantially higher rates in new maintenance contracts.
Heads 64-67-Public Works Non-Recurrent
2.25 Expenditure on Public Works Non-Recurrent projects was again accounted for under four Heads: Headquarters, Buildings, Engineering and Waterworks. All Heads except 'Headquarters,' which contains a number of miscellaneous projects and in which the bulk of the expendi- ture relates to compensation for surrenders and resumptions of land, showed substantial increases in expenditure over the previous year in reflection of the continuing expansion of Government services. The total expenditure under all four Heads in 1971-72 was $533,382,988, which was $136,661,766, or 34.45%, more than in 1970-71 and exceeded the approved estimates by 0.63%.
15
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