THE YEAR'S REVENUE.

Tuapeka Times, Volume XXIV, Issue 1792, 6 May 1891, Page 6

THE YEAR'S REVENUE.

SIR H. ATKINSON'S ESTIMATE NEARLY CORRECT.

The complete figures for the financial year are now available. The receipts were : — Ordinary revenneaccount(includingL2Bß,ooo sinking fund increases) was 14,282,604. The land fund account was L 164,269. The expenditure was :— Ordinary revenue account, L 4,175,107, 175, 107 ; land fund account, L 116.107.

The surplus on the ordinary revenue account (inclusive of L 36.568 balance in hand at the beginning of the year) is therefore L 143.965. The surplus on land fund account is L 48.16 2; but as there was an outstanding deficit of L45J16, the actual cash balance is reduced to L 2.445.

Every item of revenue shows an increase on the estimate, except depasturing licenses, etc., which are L 4,717 to the bad. Under the heading "expenditure" there was L 57.088 less on certain items than was estimated, but on the remainder the excess of expenditure came to L 106.693, so that altogether the expenditure was L 49.605 above the estimates.

The working railways cost L 27.592 more than anticipated ; defence, L14.7H ; subsidies, Li.4,658 ; under special Acts, L 19,140; Colonial Treasurer's Department, LI 1,166 ; and services not provided for, L 10,410. On the other hand, interest and sinking fund came to L 17.369 lees than the estimate; Education Department, L 16.58 1; public buildings, L 7,994; and Commissioner of Trades and Customs, L 7,663.

The principal items in which there was excesp of revenue over the estimates were — Customs, L 74.706 (in which, however, is included six months' primage duty); railways, L 43.42 1; stamps, L 19 ,19 0; miscellaneous, L 9.004. The total excess of revenue over estimates was L 151,004. In the land fund section the estimated receipts were L 96,600, but the cash sales alone produced Lll 1,157.* The excess above estimate was

L 67.669.