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HONG KONG URBAN COUNCIL
Annex A
'Learn-to-swim' courses for children (ages 0 to 14)
(%)
Urban Council
(April 1989 to September 1990)
District Number of children's swimming courses Population (as at March 1989) Percentage of population aged 0 to 14 Central and Western 36 46,270 7.5 Eastern 153 109,810 17.9 Southern 128 50,570 Wan Chai 52 30,440 5.0 Kowloon City 168 72,870 12.0 Kwun Tong 192 118,520 19.3 Wong Tai Sin 153 62,100 10.1 Mong Kok 79 31,440 5.1 Sham Shui Po 172 69,050 11.2 Yau Tsim 47 22,920 3.7 Total: 1,180 613,990 100.0Note (1): capacity: 20 participants per course.
Note (2): sources: Working Group on Population Distribution paper No. 7/89, completed five-year forecast exercise for the period 1990/91 to 1994/95, July 1989.
HONG KONG URBAN COUNCIL
MR. B. A. BERNACCHI, CHAIRMAN OF THE FINANCE SELECT COMMITTEE, seconded the motion (in English):—Mr. Chairman, in raising to second the motion, I would like to add my congratulations to the Department in producing our accounts in time and to the satisfaction of the Council and our auditors.
I am very pleased if somewhat embarrassed, to report that the Council has after all recorded a surplus of $11 million for the financial year ended 31 March 1990. Furthermore, the accounts have been certified as correct by the Director of Audit without qualifications. I do not intend to comment on these results, as full details were provided to Members earlier this financial year, other than to mention that there was a net turnaround of $68 million, representing about 2.3% of the expenditure budget, between the surplus of $11 million and the original forecast deficit of $57 million made in December 1988. This was attributable to a time-warp in billing, especially in respect to the two large museums to be open shortly, increases in rates revenue over that previously advised by the Government and increases in some of the Council's secondary source of revenue.
However, for the current financial year, based on all the latest available financial data, a deficit of around $567 million is expected which would reduce the Council's reserves to $416 million as at 31 March 1991, equivalent to approximately 6 weeks' expenditure.
Moreover, these reserves themselves should not give rise to any sense of misplaced complacency. As members will have noted from the recently completed five-year forecast exercise for the period 1990/91 to 1994/95, the Council's reserves will be fully depleted within one to two years unless additional revenue can be generated. To this end, the Council will now seek to enter into negotiations with the Government in order to obtain an appropriate share of the additional rates revenue to be generated from the rates revaluation exercise currently in hand, the result of which it is understood will be implemented with effect from 1 April 1991.
Mr. Chairman, with these cautionary words I have much pleasure in seconding the motion.
The question was put.
The motion was carried unanimously.
2. MR. PETER C. K. CHAN, CHAIRMAN OF THE RECREATION SELECT COMMITTEE, moved the following motion:
'RESOLVED that the Public Health and Municipal Services (Public Pleasure Grounds) (Amendment of Fourth Schedule) (No. 6) Order 1990 be made under section 106 of the Public Health and Municipal Services Ordinance, Cap. 132.'
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HONG KONG URBAN COUNCIL
Annex A
'Learn-to-swim' courses for children. (ages 0 to 14)
(%)
Urban Council
(April 1989 to September 1990)
Percentage(2)
Number of(1)
children's
swimming
District
courses
Population(2) (as at March 1989)
of population aged 0 to 14
Central and Western
36
46 270
7.5
Eastern
153
109 810
17.9
Southern
128
50 570
Wan Chai
52
30 440
5.0
Kowloon City
168
72 870
12.0
Kwun Tong
192
118 520
19.3
Wong Tai Sin
153
62 100
10.1
Mong Kok
79
31 440
5.1
Sham Shui Po
172
69 050
11.2
Yau Tsim
47
22 920
Total:
1 180
613 990
3.7
100.0
Note (1): capacity: 20 participants per course.
8.2
HONG KONG URBAN COUNCIL
MR. B. A. BERNACCHI, CHAIRMAN OF THE FINANCE SELECT COMMITTEE, seconded the motion (in English):—-Mr. Chairman, in raising to second the motion, I would like to add my congratulations to the Department in producing
our accounts in time and to the satisfaction of the Council and our auditors.
I am very pleased if somewhat embarrassed, to report that the Council has afterall recorded a surplus of $11 million for the financial year ended 31 March 1990. Furthermore, the accounts have been certified as correct by the Director of Audit without qualifications. I do not intend to comment on these results, as full details were provided to Members earlier this financial year, other than to mention that there was a net turnaround of $68 million, representing about 2.3% of the expenditure budget, between the surplus of $11 million and the original forecast deficit of $57 million made in December 1988. This was attributable to a time-warp in billing, especially in respect to the two large museums to be open shortly, increases in rates revenue over that previously advised by the Government and increases in some of the Council's secondary source of revenue.
However, for the current financial year, based on all the latest available financial data, a deficit of around $567 million is expected which would reduce the Council's reserves to $416 million as at 31 March 1991, equivalent to approximately 6 weeks' expenditure.
Moreover, these reserves themselves should not give rise to any sense of misplaced complacency. As members will have noted from the recently
Note (2): sources: Working Group on Population Distribution paper No. 7/89, completed five year forecast exercise for the period 1990/91 to 1994/95, the
July 1989.
MOTIONS
1. THE CHAIRMAN, URBAN COUNCIL, moved the following motion:-
'RESOLVED that the audited Statement of Assets and Liabilities and Statement of Receipts and Payments of the Urban Council for the year ended 31 March 1990 be adopted.'
He said (in English):--In accordance with Section 36(4)(c) of the Urban Council Ordinance, I move the adoption of the audited Statement of Assets and Liabilities and Statement of Receipts and Payments of the Urban Council for the
year ended 31 March 1990.
Members will note that the Director of Audit's Certificate on the Statements is not qualified by any observation on the manner in which the Council's accounts have been kept and rendered. The Department is to be congratulated for their keeping the Council's accounts in good order.
Also in accordance with Section 40(4) of the Urban Council Ordinance, one copy of the certified statements will be forwarded to His Excellency the Governor.
Council's reserves will be fully depleted within one to two years unless additional revenue can be generated. To this end, the Council will now seek to enter into negotiations with the Government in order to obtain an appropriate share of the additional rates revenue to be generated from the rates revaluation exercise currently in hand, the result of which it is understood will be implemented with effect from 1 April 1991.
Mr. Chairman, with these cautionary words I have much pleasure in seconding the motion.
The question was put.
The motion was carried unanimously.
2. MR. PETER C. K. CHAN, CHAIRMAN OF THE RECREATION SELECT COMMITTEE, moved the following motion:
'RESOLVED that the Public Health and Municipal Services (Public Pleasure Grounds) (Amendment of Fourth Schedule) (No. 6) Order 1990 be made under section 106 of the Public Health and Municipal Services Ordinance, Cap. 132.'
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