Vice-Chancellor's Report 1978-82

THE CHINES E UNIVERSIT Y O F HON G KON G INCOME AN D EXPENDITUR E ACCOUN T FOR TH E YEA R ENDE D 30T H JUNE , 198 0 1979 $ 82,000,00 0 INCOME Government Bloc k Grant s $ 85,500,00 0 5,260,000 Reserved Supplementary Grant s — Salar y Revision s Received 15,381,233 1,633,857 Receivable 11,600,000 Earmarked Grants - 1,353,166 Rates 1,677,306 9,117,581 Composition Fee s 9,730,265 140,700 Certificate an d Graduation Fees 125,700 25.600 School of Educatio n Entrance Examination Fee s . . 24.460 28,595 Graduate Schoo l Entrance Examination Fee s 24,883 43,830 Undergraduate Admissio n Application Fee s 14,070 1,677,077 Bank Interes t 1,507,570 115,891 Forfeiture o f Superannuation (Non-Guaranteed ) Fun d Contributions 147,968 1,925,971 Rental Income 2,270,841 45,799 Miscellaneous Incom e 50,720 $103,368,067 $128,055,016 EXPENDITURE $ 9,268,73 8 Administration (Schedul e A) $ 10,810,64 3 65,379,513 Academic Department s (Schedul e B ) 74,731,088 11,375,383 Maintenance o f Premises (Schedule C) 13,943,885 4,092,605 General Education Expenses (Schedule D) 4,918,557 5,438,422 Student Facilitie s and Amenities (Schedule E) 6,609,545 6,059,671 Miscellaneous Expenditur e (Schedul e F ) 7,087,658 218,367 Capital Expenditure me t from Income . . 238,423 7,309 Contingencies 958,500 Provision for Senio r Staf f Salary Revision s 10,500,000 421,500 Provision fo r Junio r Staf f Salary Revision s 1,100,000 $103,220,008 $129,939,799 ($148,059) EXCESS OF EXPENDITURE OVE R INCOM E TRANSFERRED T O TRIENNIA L EQUALISATION ACCOUN T $1,884,783 171