THE YEAR’S REVENUE.

Evening Star, Issue 8504, 1 May 1891, Page 4

THE YEAR’S REVENUE.

SIR H. ATKINSON’S ESTIMATE NEARLY CORRECT, The complete figures for the financial year are now available. The receipts were:— Ordinary revenue account (including L 288,000 sinking fund increases) was L 4,282,504. The laud fund account was L 164,269. The expenditure was Ordinary revenue account, L 4,175,107 ; land fund account, LU6.107.

The surplus on the ordinary revenue account (inclusive of L 36.568 balance in hand at the beginning of the year) is therefore L 143,965. The surplus on land fund account is L 48,162; but as there was an outstanding deficit of L 45,716, the actual balance is reduced to L 2,445. Every item of revenue shows an increase on the estimate, except depasturing licenses, etc., which are L 4,717 to the bad. Under the heading " expenditure ” there was L57.08S less on certain items than was estimated, but on the remainder the excess of expenditure came to L 106,693, so that altogether the expenditure was L 49,605 above the estimates. The working railways cost L 27.892 more than anticipated; defence, L 14,711; subsidies, L 14,658; under special Acts, L 19.140; Colonial Treasurer’s Department, L 11,166 ; and services not provided for, L 10,410. On the other hand, interest and sinking fund came to L 17,369 less than the estimate; Education Department, L 16,581; public buildings, L 7,994; and Commissioner of Trades and Customs, L 7,663. The principal items in which there was excess of revenue over the estimates were— Customs, L 74.706 (in which, however, is included six months’ primage duty); railways, L 43,421; stamps, L 19,190; miscellaneous, L 9,004. The total excess of revenue over estimates was L 161.004. In the land fund section the estimated receipts were L 96,600, but the cash sales alone produced L 111,157. The excess above estimate was L 67.669.