DOMINION'S FINANCE.

Star (Christchurch), Issue 17351, 16 May 1924, Page 6

DOMINION'S FINANCE.

THE CONSOLIDATED FUND. A SURPLUS OF £1,812,000. The principal items in the Consolidated Fund accounts for the year ended March ) 31 last are as follow, a. comparison ’■-ring: i siren with the figures for tffe previous REVENUE. 192*2*23. 1923-24. _ £ £ Customs . . . 6,032,292 7,238.215 , Beer duty 612.128 632.093 Stamp srid dea.th duties 3,581,291 3,343,781 Postal and telegraphic 2.705.030 2,681.2+0 band-tax . 1,34,.502 1.426,462 Income-tax . . 8.831.932 3,781,531 Railways . 6,719.864 6,954.46 > Registration fees, etc . 179,033 215,320 Marine . . , Miscellaneous . , 2,478.64 > 863,334 Territorial . 192.186 22*2 378 National endowment . 95.156 ” Other receipts . 559*605 510,613 Total revenue . . 27,579,413 27,96(7.370 EXPENDITURE. ! Permanent Charges | *,. 38,833 2C.319 fu " fl • . . Pensions . . . 2.477.975 2,303.956 . Other items . . 1,500,539 1,235.820 Totals . . 12,907.304 12.450,572 . A °nual appropriations 13,856,456 13,697.432 Grand totals . . 26,263,760 26,148,004 Surplus . 1.315.863 1,812.368 nxpenditure in t.he three great spending I departments compares as follow*: 1322*23. 1923-24. * R m il , Way9 , * '‘.946,181 5.153,140 i Post and Telegraph . 2,112,543 2.117,952 | Education . . , 2,581,601 2,604,507 CONSOLIDATED FUND. FIGURES FOR MARCH QUARTER. De* Pk**s Association. - WELLINGTON, May 34. Jhe reempts and expenditure from the Consolidated Fund for the quarter ended .larch 31 are gazetted, as. follows (shillings and pence omitted):— ORDINARY REVENUE Receipts for Quarter ended March 31, 1924. £ Balance at beginning of quarter— Cash in public account . . 1,205,201 imprests' outstanding and in the hands of officers of the Government : 57,625 In London 276,826 Investment account ... 3,008,059 Total balance .... 5,447,713 ORDINARY REVENUE. Customs 1,908.670 Stamp and death duties . . 885.842 Postal and telegraph revenue . 564,21 b Land tax 79,604 Income tax 3,243.665 Beer duty V 88.480 Railways r . . . 2.068.303 Registration and other fees . 95,767 Marine 28,984 Interest on public moneys 172,150 Local Bodies' loans Act 1908 76) 10.356 Rents of buildings .... 31.224 Tourist and health resort*. . *21,586 Miscellaneous 55.C33 Total 9.304.091 Territorial revenue .... 96,227 Departmental Receipts— Printing and Stationery DepartTOe “t 58,954 Justice Department . . . 1.-6,983 Patent Office 93 Stamp Duties Department . . 94.3*25 Native Department .... 8.636 Total 348.973 Recoveries on account of expenditure of previous years. Dr . 29 Unauthorised 182 Total ••..*. 153 Tota I 9.749,446 Proceeds of Treasury bills issued . 600.000 Grand total .... £15,797,153 EXPENDITURE. £ Permanent Appropriations— Civil List 7,740 Debt services, interest. . 969,855 Amortisation of debt sinking fund '.11,70b Under special Acts of the LegisSubsidies paid to local bodies:— Appropriation Act. 1916. Section 9 29,330 Municipal Corporations Act, 1908, Municipal Corporations Act, 1920. Section 72 . 5,329 Subsidies, paid to Hospital Boards, hospitals and charitable institutions, Acts of 1909, 1910 and 1913 150,154 Halves." ** thirds " and *• fourths " paid over to local bodies’ deposit account. Land Act. 1908 7,253 New Plymouth Harbour Board Endowment Act. 1874 . . 2.133 Pensions Act. 1913 \ Old age pensions . . . 265.000 Widows' pensions ... 85.773 Military pension? . . . 9.71 a War Pensions Act. 1915 . . . 405.317 Miners’ Phthisis Act. 1915 . 11.54 S Public Service Classification and Superannuation Amendment Acts. 1908. 1909 and 191*2, and Appropriation Act. 1918, Sections 25 and 26 . . 179.000 Transfer to Advances to Other fer to Wes"port C°Tfarbour'”Account. and miscellaneous special Acts, Cr 1,820 Total 2.858.272 Annual Appropriations:--Legislative Departments . . 12.261 Treasury Department 9.821 Land and Income Tax Department 16.095 Stamp Duties Department . 12,015 National Provident aud Friendly Societies Department . 6.351 Working railways .... 1,748,1*24 Post and telegraph working expenses . 641.182 Public buildings .... 32,835 Government domains 1.551 Maintenance and improvement of roads 23.899 Maintenance of irrigation works 853 Native Department .... 5.60; Department of External Affairs . 6.337 Cook Islands 6.360 Department of Industries and Commerce .... 55.996 Department of Justice . . . 12.86 > Supreme and Magistrates’ Courts 23.973 Prisons Department . . . 12.224 Crown Law Office .... 674 Police Department .... 354.795 Pensions Department. Cr. . . 10.595 Mines Department .... 9.004 Department of Internal Affairs . 141.172 Audit Department 834 Public Service Commissioners Office ..... 1.551 Printing and stationery . . 61.945 Mental hospitals .... 42.292 T)epartment of Health . . . 43.741 Naval defence 317.121 Defence Department . . . 111.43*2 Customs Department . . . 29.551 Marine Department . 30.846 Department of Tlabour 10.907 Department. of T.ands and Survey 1.2.631 Valuation 12.534 Electoral 1.362 Department of Agriculture . . 46.231 Tourist 20,6*26 Education Department . . 651.223 Services not provided for . 173.995 Total 4,292,473 Transfer to Loans Redemption Account for redemotion of securities as under New Zealand l oan* Act. 1908. Aid to Public Works, and Land Settlement. Act. 1903 12.200 Aid to Public. Works and Land Settlement Act. 1906 . . 2,000 j New Zealand Inscribed Stock Act. 1917. and Discharged Soldiers’ Settlements Loans Act. 19*20 2,500 Total 16.700 Transfer to Loans Redemption Account for redemption and | cancellation in terms of Section 24 of the Finance Act 1921-22. of securities as under ' New Zealand inscribed Stock • Act, 1917. War Purposes Loan 1 1917 273.000 i Transfer to Discharged Soldiers' Settlement Loom Act. 1920, Depreciation Fund Account! in terms of Section 7 of Die j charged Soldiers’ Setlement

Transfer to Public Work* Fund (General Purposes Account', in terms of Section 1 of Appropriation Act. 1923 . 1,000.000 Transfer to Education Loans Account. in term* of Section 15 of Appropriation Act. 1923 100,000 Adjustment to net miscellaneous revenue during half-year ended September 30. 1922, now allocated under various heads as per contra: - Treasury bills redeemed . 2 250.000 Balance »t end of quarter— Cash in public account. . 1.727.748 Imprests ou+standi-ic in the hands o? offtoers of the Government 32,019 111 London . 120.620 Investment Account . , . 8.074.336 Total * . £15,797.159 Total receipts for the corresponding quarter of the previous T*ar 15.777.153 Expenditure for corresponding period .... 8 693.6*43 Balance . ♦ £5,637.039