DECLINE IN REVENUE.
ACCOUNTS FOR QUARTER.
EXPENDITURE STILL HIGHER i EXCESS OF. THREE MILLIONS [BT TELEGRAPH. OWN CORRESPONDENT-] WELLINGTON. Thursday. The statement for the June quarter of receipts and expenditure into the ordinary revenue account of the Consolidated Fund was gazetted this evening. It shows the following result in comparison with the June quarter of last year :—
Details of the expenditure are as follow : —
The amount of cash in the public account at April 1 was £4,920,293. At June 30 it was £853,437, a reduction of £4,066,856.
1921 1920 Revenue . . .. . . £5,080.194 £5.722.548 Expenditure .. . . £3,031.370 £6,02S.S29 Excess of Expenditure £3.001,176 £306,281 Details of the revenue are as follow: — Customs £1.369.820 £2.013,306 Stamp and death duties 719,825 841.663 Post and telegraph . 676.351 571,587 Land tax 71,416 44,421 Income tax . . . . 159,704 89,696 Beer duty . . . . 83.797 84-.S92 Railways 1,609.937 1.419,855 Registration & other fees 29,322 51.00*2 Marine . . . . . . 14,359 11,337 Miscellaneous . . . . 162,692 470,869 Territorial 20.303 13,176 National endowment . . 102,481 100,447
1921. 19-20. Permanent appropriations ... .... ..£3.711.973 £3.418.704 Annua! appropriation:— Legislative . . . . 9,643 6,713 Finance 355.175 60.573 Post and Teleerraph . . 493.271 296.358 Railways 1.978,600 931.282 Public buildings . . 21.509 20,190 Cook Islands . . .. 3,047 3.461 Native 7.604 6.730 Justice . . . . 130.444 108.909 Mines 11,303 8,801 Internal affairs . ■ ». 127.171 47.976 Public health .. „ 139.920 111.373 Tourists 23.116 18.116 Defence 98.S84 135.656 Customs and marine . . 71,847 41.258 Labour 7.620 9.722 Lands and survey . . 73.537 58.962 Valuation and electoral 20.865 19.005 Agriculture . . . . 70,649 53.369 Education . . . . 660.393 464.548
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Bibliographic details
New Zealand Herald, Volume LVIII, Issue 17846, 29 July 1921, Page 4
Word Count
231DECLINE IN REVENUE. New Zealand Herald, Volume LVIII, Issue 17846, 29 July 1921, Page 4
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