DOMINION FINANCE.

Otago Witness, Issue 3768, 1 June 1926, Page 35

DOMINION FINANCE.

THE CONSOLIDATED FUND. RECEIPTS AND EXPENDITURE. COMPARATIVE FIGURES. (From Och Own Correspondent.) WELLINGTON, May 27. The Gazette to-night contains the statement of receipts and expenditure of the Consolidated Fund for the past financial year. A summary is appended showing the net expenditure for the past year, as compared with the previous year. The items are as follow (shillings and pence excluded):

Consolidated Funds Ordinary Revenue Account under Permanent Appropriations “ Under Annual Appropriations ... Miscellaneous ... State Coal Mines Account Nauru and Ocean Islands Account Nauru and Ocean Islands Sinking Fund Account. Accounts ol Local Bodies Deposits Account Public Works Fund, General Purposes Account, under Annual Appropriations Miscellaneous . Wailiou and Ohinemuri Hirers Improvement Account Electric Supply Account Advance to Other Governments’ Account ... . Cheviot Estate Account Conversion Account ... Deteriorated Lands Account Discharged Soldiers’ Settlement Account ... . Discharged Soldiers’ Settlement Loans Act, 1030, Depreciation Fund Account Education Loans Account General Purposes Belief Account ... Hauraki Plains Settlement Account Howard Estate Account ... Hunter Soldiers’ Assistance Trust Account Kauri Gum Industry Account Land Assurance Fund Account ... I.and lor Settlements Account Land for Settlements Account, Discharged Soldiers*’ Settlement Account Land for Settlements Account opening up Crown Lands for Settlement Account ... . Loans to Employers for Workers’ Dwellings ■*' Account ... Main Highways Account Revenue Fund ... . Main Highways Account Construction Fund ... Mining Advances Account National Endowment Account National Endowment Trust Account Native band Settlement Account N‘*w Zealand Consols Account ... . Public Debt Repayment Aocount Railways Improvement Authorisation Act, 1014 Account Hangitaiki Land-Drainage Aocount Snmoan Loan Suspense Account .'. State Advances Loon Accouut .State Forests Account ... tfwamp Drainage Accouut ... War Expenses Account ... , . Westport Harbour Account Working Kuiiway Account ... Totals

INCREASES AND DECREASES THE PRINCIPAL ITEMS. WELLINGTON, May £7. In arriving at any comparison of the results as compared with the previous year extensive allowances must be made for transactions involved by the repayment of Public Debt Act and the Government Railways Amendment Act of last session. The adjustments and their full results will be explained in detail in the Financial Statement, Where comparisons are practicable the increases and decreases are:—

BEVENUE INCREASES OVER rBEVIOUB TEAK. £ Customs ... 814,488 Stamp and Death Duties 1D*,536 Post and Telegraph 370,858 There are two considerable new items of receipts—interest on railway capital liability £1,913.311; interact on Public Debt Redemption Fund ££97,756. decreases. £ Interest on publio moneys 583,059 Miscellaneous 182,536 Load tax 68,592 The decrease in interest on public moneys is mainly due to the fact that some £490,000 interest on advances to Discharged Soldiers’ Settlement Account has now been credited to interest on the Public Debt Redemption Fund as above expenditure. Under permanent charges there are increases in interest £264,537 and under

Special Acts £469,593. The latter is mostly due to payments in terms of the Government Railways Amendment Act of last year. Under the annual appropriations the following are the principal increases:— £ Vote for maintenance and repairs to roads 62,679 Pensions Department 88,469 I»epartment of Internal Adairs ... 68,796 Department of Health 34,963 Noth! Defence 157,847 Defence Department 83.387 Eleerorttl Department 1:4.375 Department of Agriculture 37.068 Department of Education 102.448

Cross Year ended March 31, Year ended March 31, Expenditure. Credit. 1926 1923 £ £ (Net). £ (Net). £ . 15,720,735 2,142,807 13,586,927 12,038.310 . 11,737,540 1,754,384 9.983.155 14.760.G88 2,916,480 — 2,916,469 4.353.353 240,587 1,395 230.192 280,223 78,357 — 76,357 37,166 20,150 — 20,150 — . 22,556 — 22,556 30,237 1,702,061 - 1,762,061 3.834,576 5,071,465 753,060 4,318,401 4.131,459 022.683 - 922.683 968.369 . 52,060 1,296 50,772 58.427 1,248,788 36,587 1,212,200 1.061.940 300.088 — 300,988 337,569 — 45,375 10,192 6,073 — 6.073 _ . 272 — 272 _ 1,693,898 23,778 1,665,118 l.#n,433 38,564 38,564 _ 571,174 6,224 564,949 462,212 2,922 — 2,922 17,654 75,521 10,545 64.973 79,186 . 242 — 242 232 127 — 127 23 14,587 69 14,518 20,124 10,120 — . 10,120 188 509.486 24,816 484,669 745,831 21,730 4,283 14,417 106.053 25,339 12 25,326 32,439 — _ _ 90 308.424 5,227 303,196 123,931 438,423 15,966 472,458 225,454 — — “ 6.316 149,493 — 149,493 130.129 1.773 — 1,773 — 172,308 159 172,618 284,311 475,991 — 475.991 — 870,637 - 870, G37 - 862.870 23.088 839,582 253,874 27.020 1,037 25,982 49,2 58 15.000 — 15,000 — 4,570.177 — 4,570,177 4,287,033 214.543 1,544 213,084 280,903 87.057 G49 56,407 63,20340,441 6,362 34.0.8 138,842 42,27f 62 42,214 13,658 8.469,758 574,793 7,894.964 - . £59.883,391 £5,393,157 £34,490,254 £31,519,283