FINANCES OF FIJI
YEAR'S SURPLUS £92,251
ACCUMULATED FUNDS [from our own cob respondent] SUVA, July l Reference to the satisfactory financial position of Fiji was made by the Act-ing-Governor. the Hon. Juxon Barton, at the session of the Legislative Council held on June 24. It was reported bv the Colonial Treasurer that the revenue for 1935 exceeded that of 1934 by £109,065, and was £IOB,BBB more than the amount estimated. Revenue for the year totalled £733,432. Expenditure was £641,181, of which £35,734 was ex|>cnded from tho Accumulated Surplus Funds upon works approved. The result of the year's working was, therefore, a net surplus of £92,251 of revenue over expenditure, and the accumulated surplus funds of the Colony were increased to the record figure of £353,416. In addition the Colony possesses reserves of £246,636 in the Immigration Fund Proceeds Account, and in the reserve fund.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19360707.2.131
Bibliographic details
New Zealand Herald, Volume LXXIII, Issue 22464, 7 July 1936, Page 11
Word Count
144FINANCES OF FIJI New Zealand Herald, Volume LXXIII, Issue 22464, 7 July 1936, Page 11
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.