PUBLIC FINANCE.
ESTIMATES FOR THE YEAR. In the Financial Statement presented to the House of Representatives on Wednesday, Mr Massey supplied the following estimates of the revenue and expenditure for the current year :—■ I estimate the revenue under the main headings of each of the principal departments at— Customs £7,350,000 Beer Duty 630,000 Stamp and Death Duties ... 3,310,800 Post and Telegraph 2,805.000 Land-tax 1,400,000 Income-tax 3,700,000 Railways 7,100,000 Registration and other fees ... 200,000 Marine 9U,920 Interest on public moneys ... 1,234,000 Local Bodies’ Loans Act, 1908, section 76 23,C00 Rents of buildings 25,000 Tourist and Health Resorts ... 45,000 Miscellaneous 215,000 Territorial 197,900 Departmental and other receipts 530,UC0 28,857,620 Less proposed taxation remissions 1,000,000 Net revenue £27,857,620 ESTIMATED RESULT FOR THE YEAR. Revenue £27,851,620 Expenditure 27,505,060 Leaving for supplementary estimates £352,560 which, in addition to normal requirements, must cover tlve increases in pay due to the regrading of public employees’ salaries.
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Otago Witness, Issue 3672, 29 July 1924, Page 30
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149PUBLIC FINANCE. Otago Witness, Issue 3672, 29 July 1924, Page 30
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