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(w» PBBSS ASSOCIATION) I Stdhiy, Ootober 81. i The Hon the Colonial Treamrer, Mr , Barns, delivered his Budget speech m the assembly this erening. The State* ment showed a total revenue for the financial year of £9,490,664, and the total charges £8,888,072. The estimates to the end of the year show a credit balance of ££29,965. The Treasurer estimates the charges on the year 1889 at £8,876,166, including the snm of £250,000 refunds for rents from squatter and rabbit subsidies. The reTenue, lie estimates, inclnsive of credit balance for the year 1888, at £9,242,610, lta?ing an estimated but plus of £367,444. The Statement referred to the intention of the Government to introduce proposals -for water conservation, irrigation, and other great public works to be carried oat from funds out of loan. No farther taxation will be proposed, and no legislation will be introduced dealing trith. the deficits of . the years 1885 and 1886, which it is proposed to cover by issuing Treasury bills or short dated debentures. The Treasurer went on to congratulate Parliament upon the improved prospects of the colony.

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Bibliographic details

THE NEW SOUTH WALES BUDGET., Ashburton Guardian, Volume VII, Issue 1885, 1 November 1888

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THE NEW SOUTH WALES BUDGET. Ashburton Guardian, Volume VII, Issue 1885, 1 November 1888

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