PUBLIC FINANCES.

Hawera Star, Volume XLVIII, 16 October 1924, Page 10

PUBLIC FINANCES.

FIGURES FOR SIX MONTHS. REVENUE SHOWS INCREASE OF £434,688. EXPENDITURE HIGHER. For the first half of the current financial year, the Consolidated Revenue increased by £434,688, and the expenditure by £565,049. Preliminary returns of the finances for the six months ended September 30 show that the revenue for the period was _ £10,931,265, compared with £lO,496,577 for the corresponding six months of the financial year 1923-24. The expenditure for the six months totalled £12,547,337, compared with £11,982,288 for April to September, 1923. REVENUE. The revenue, shows a net increase of £434,688. The principal increases are: £ Customs 230,000 Railways 166,000 Postal v... 75,000 The revenue for the September quarter under the .chief headings, compared with that of the June quarter, is as follows: —- June. Sept, quartern. quarter, ter (app.) Total. .£ £ £ Customs .1,630,609 1,947,000 3,577,609 Railways 1.492,966 .1,659,500 3,152,466 Postal 726,168 734,300 1,460,468 The revenue received to date, compared with the revenue estimated for the financial year, is: Receipts Estimate six months. for year. ' „ £ £ Customs ; 3,577,609 7,350,000 Railways' ..... 3,152,466 7,100,000 Postal 1,460,468 2,805,000 EXPENDITURE. The expenditure for the September quarter, compared with the June quarter, and with a further comparison with the corresponding periods last year, is as follows: 1924-25 1923-24 £ £ June quarter .. 7,332,623 6,488,628 Sept, quarter .. '5,214,714 5,498,660 Total ~. .£12,547,337 £11,982,288 The increased payments in September quarter, compared with June, quarter, are- mainly disbursements on account of interest.