REVENUE AND EXPENDITURE
[Per United Press Association.]
WELLINGTON, March 10. The Hon. A. M. Myers, Acting Minister of Finance, states that the revenue for the 11 months ended Februrary shows an increase of .-3050,755 over the corresponding period of last year. Tin’s is highly satisfactory considering that the Income Tax was later tin’s year. This has led to a decrease in tho revenue for the month of February of £617,415, For the 12 months ended Febnirary .tho revenue decreased by £125,707, which will bo converted into a considerable increase dining the current month, when tho total Income Tax is paid. Expenditure out of ordinary revenue shows a considerable increase duo to interest in sinking fund on war loans, soldiers’ pensions, etc. There is also a considerable increase in departmental expenditure due to payment of tho increased war bonus. The net increased expenditure for 20 months is £3,245,099. Tho Public Works Fund shows £325,763 in hand.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19190310.2.26
Bibliographic details
Evening Star, Issue 16988, 10 March 1919, Page 4
Word Count
155REVENUE AND EXPENDITURE Evening Star, Issue 16988, 10 March 1919, Page 4
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.