In the Extraordinary Budget we have estimated for the completion of various undertakings which were authorised last year, and which amount to about Tls. 80,000. _'They are Chapoo Road bridge, Thibet Road bridge, Drill Hall, Wayside Police Station, and Tunsin property. To balance this' amount we propose to issue debentures for Tls. 30,000 authorised under Resolution VII of 1898, Tls. 5,000 authorised under Resolution VIII of 1897 "and which money has already been expended. The difference between those two amounts and the Tls. 80,000 required to complete last voar's work is accounted for by the unauthorised expenditure of last year, amounting to Tls. 45,000, details of Which have already been referred to by the Chairman in his opening speech. Deductiny this Tls. 80,000 from the total expenditure recommended in the Budget, it leaves us with Tls. 65,000 of new expenditure for which this Council is responsible. Of this amount Tls. 13,000 are for new jetties and pontoons and for jetties for the removal of garbage throughout the Settlement, a new truck-house for the Victoria Fire Brigade, and a new steam engine and fire escape, both of which are urgently needed, together amounting to Tls. 9,000. For the bridge across the Defence Creek, ud Cemetery Road, bunding between North, Fukien and North Chekiang Roads, and purchase of site adjoining Wayside Police Station, Tls. 10,000, are put down, which is only sufficient to cover work thatis practically in hand. The remainder, Tls. 30,000, is for new roads, making in all about the Tls. 65,000 referred to.
Text read from the printed page and cleaned; old type leaves the occasional error.