The Points of the Budget.

Hastings Standard, Issue 451, 15 October 1897, Page 4

The Points of the Budget.

The Evening Tost takes the points from the 33udget as follows : The receipts for the year were £'4,793,708 The expenditure amounted to 4,659,980 The ordinary revenue was ... 4,-152,845 The territorial revenue was.... 272,953 The Sinking Funds seized totalled 70,300 The permanent appropriations were 2,072,427 The annual appropriations were... ... 2,411,553 Treasury bills issued during year totalled 1,525,000 Treasury bills outstanding at end of year were 730,000 The expenditure on railways, roads, and public works was 414,007 Expenditure in purchase of Native lands 129,000 Expenditure on Land for Settlements ... ... ... 311,472 Loans made to local bodies amounted to 66,133 Amount received for New Zpaland Consols ... ... 136,015 The Public Debt (net) on 31st March, 1897, was ... ... 43,552,324 The Public Debt increased during the year by ... 1,280,435 The Interest and Sinking fund appropriations were ... 1,709,469 The return per cent on capital cost of Kail ways was ... £3 3s lOd The railway revenue for current year is estimated at ... 1,275,000 Estimated Expenditure for working railways ... ... 810,000 The actual number of loans granted by Advances to Settlers Office was 3920 The amount of advances made by Advances to Settlers Office was - ... 1,112,775 Fifteen estates were purchased during the year, containing 51,536 acres. There is to be set aside for Old Age Pensions ... ... 120,000 The bonus for beet sugar manufacture is ... ... 5,000 Loans in aid of buildings and plant for the beet sugar industry are to be made up to 20,000 The dairy industry is to be subsidised to the extent of 10,000 The Thames Dock Company, London, is to receive ... 2,666 To be borrowed for railways 200,000 To be borrowed for school buildings ... ... ... 25,000 To be borrowed for technical schools ... ... ... 25,000 To Ijg spent on brick building for Parliamentary library 7,000 The receipts for the year 1897-98 are estimated at ... 4,793,000 The expenditure for the year 1897-89 is estimated at ... 4,622,843 Tlie'surplus for the year 189798 is estimated at... ... 224,443 Thelnterest and Sinking Fund appropriations for 1897-98 are ... ... ... 1,769,122 The increased interest payment on account of loans for 1897-98 is 59,653 The increased interest payment for loans per head of population for 1897-98 is ... Is 7d The interest payment on loans per head of population for 1897-98 is £2 7s 3d