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YEAR'S FINANCE

SURPLUS OF £2,299,415

BIG REVENUE INCREASE.

Public accounts for the March quarter were published in the Gazette last night. Receipts totalled £11,715,415 and expenditure £5.95Jf,186. f Adding the figures given to those for the previous nine months the following results for the financial year are obtained : — Ordinary revenue, £26,081,340. Increase over 1918-19,. £3,728,968. ORDINARY EXPENDITURE. .■'■■£■ Permanent charges 11,389,461 Annual appropriations v 12,392,464 Total ....;.... 23,781,925 Increase over 1918-19, £5,108,326, Excess of revenue over expenditure, £2,299,415. BALANCE'S. £ Balance on Ist April, 1919 ... 15.239,561 Receipts 26.061^340 41,320,901 ..Less ...■■■■ 23,781,925 Balance 31st March, 1920— Casb in Public Account ... '2,127,550 Imprests outstanding 231.174 Investment Account ' 15,180,250 17,538,876 Public works expenditure, £2,020,7.13.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19200528.2.79

Bibliographic details

Evening Post, Volume XCIX, Issue 126, 28 May 1920, Page 7

Word Count
108

YEAR'S FINANCE Evening Post, Volume XCIX, Issue 126, 28 May 1920, Page 7

YEAR'S FINANCE Evening Post, Volume XCIX, Issue 126, 28 May 1920, Page 7

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