THE ESTIMATED RESULT
HALF-MILLION SURPLUS
£1,000,1300 FOR PUBLIC WORKS
The estimated result, therefore, is Revenue £29,600,000 Expenditure ... £29,024,616
The difference, £575,384, will be required to provide for Supplementary Estimates and for taxation reduction and concessions now under consideration. It is proposed to transfer up to £1,000,000 fro in Ordinary Revenue Account to Public 'Works 1* niul. The position of the .Ordinary Revenue Account at the close of the year the Minister estimates will bo: Balance forward at April 1, 1925, £4,150,806; estimated revenue, £29,600,000; or £33,750,806; less estimated expenditure, £29,024,616; Supplementary Estimates, taxation, and other concessions (say), £575,000; transfer to Public Works Fund, up to £1,000,000, or £30,599,616 in all. Estimated credit balance on March 31, 1926, £3,151,190.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19250725.2.17.7
Bibliographic details
Evening Star, Issue 19002, 25 July 1925, Page 3
Word Count
118THE ESTIMATED RESULT Evening Star, Issue 19002, 25 July 1925, Page 3
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