THE VICTORIAN BUDGET.
A PROSPEROUS YEAR. [Un7t- Xi Phess AssociXtion. — Coptbight.] MELBOURNE, Thnrsday. Mr Bent, State Premier, delivered his Budget this afternoon. The revenue for the year was £8,313,241, which was £758.653 in excess of the estimate. The expenditure was £7,501,031. or £49,000 less than the estimate. The surplus was for the year £812.210. Of this amount £614,000 had been devoted to the reduction of the deficit, and £100, 000 towards making the deficiency of railway rolling stock. He estimated the revenue for the current year at £8101.782, and the expenditure at £57,954 more than the preceding year, this being due to an increase of 6d a, day to certain employees, and to increases in the price of coal, rails, timber, and metals. The Government intended to introduce a Railway Bill creating a railway interest reserve fund limited to £300,000, and a railway addition and improvement fund limited to £200,000.
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Nelson Evening Mail, Volume XLII, Issue XLII, 4 October 1907, Page 2
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150THE VICTORIAN BUDGET. Nelson Evening Mail, Volume XLII, Issue XLII, 4 October 1907, Page 2
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