SMALL SURPLUS

Evening Post, Volume CXXII, Issue 31, 5 August 1936, Page 6

SMALL SURPLUS

YEAR'S OPERATIONS

DETAILED ESTIMATES,

Revenue for the current year was estimated by1- the Minister at £31,067,000, and expenditure at £31,054,000, leaving a surplus in the year's operations of £13,000.. The net result of all the items reviewed was an estimated revenue of £31,067,000, which was £4,894 633 more than - was1 received during last financial year. The estimates of revenue were as follows:— Taxation—" £ ( , Customs' ;.. 0,100,000 : J«*r duty 770,001) £•>•<* t(lx 2,900,000 lllm-luro tax 70(100 Gold export duty ... 'IIOOOU Uißliways 2,312,000 Stamp and death duties 3,210 000 I'iind tax 1,300,000 Incomo tax 6,000,000 Miscellaneous 45,000 Total taxation "fimrnnn Interest receipts .... -5"nooo Otl.or receipts 5.530,000 £31,007,000 The Budget estimate of expenditure might be summarised as follows:— £ *■ Debt scriicos 9,259,000 ' ~ Exchange 1,453,000 Transfer of\ hlEuwaj-s' revenue 2,512,000 Other permanent.appropriations 018,000 Annual votes— Soclnl services 10,302,000 Other rotes C>,658,000 Tola!, Main Estimates . , 00 SOl 000 Cost of reducing worklnc ' lUO° hours In various State Other CCSSupi.iimVnV«ry 13n' 000 Estimate* 100,000 Total estimated expenditure £31,051,000 It will be observed that these figures provide for a small surplus "of £13,000 as a margin against contingencies.