8.—9.

10

CD OTAGO. STATEMENT showing the Financial Kesitlts of the Pboposed System of Local G-ovebnment, as compared with the System of Administration by the Provincial Governments, &c. — continued. > UNDER PRESENT SYSTEM. Amount. Total. UNDER PROPOSED SYSTEM. Amount. Total. i £ £ £ £ REVENUEREVENUE- § o I 1 I Total Provincial Revenue, as estimated by Province Capitation Allowance ... *549, 042 77.568 Total Provincial Revenue, as estimated by Province *£S49,O42 Less taken over by the Colony ... ,,. 14,000 535.042 From Consolidated Revenue, — For Departments ... ... ... £105,095 For Municipalities ... ... ... • 20,397 For Road Boards ... ... ... 8,000 For Out-lying Districts ... ... ... 5,000 Total Revenue 626,610 Total Revenue 138,492 673.534 EXPENDITURE112,895 59.526 90,670 90,109 38,401 EXPENDITUREProvincial Departments and Services, as estimated by Province Education, as estimated by Province Lands, Surveys, and Reclamation, as estimated by Province ... Railways, Working Expenses, as estimated by Province Interest on Provincial Loans Interest on Railways Provincial Departments and Services Education ... ... ... ... ... Lands, Surveys, and Reclamation Railways, Working Expenses ... Interest on Provincial Loans Interest on Railways ... 105,095 90,670 73.9O9 54,601 I GC Total 462,746 Total 454.946 Available for Local Public Works Endowments, &c. — 163,864 Available for Local Public Works Endowments, &c. — Grants to Municipalities ... ... ... ... License Fees given up to Municipalities Grants to Road Boards (one moiety from Land Fund) ... Gold Fields Revenue applicable to works on Gold Fields Works in Country Districts, &c. ... 7.300 16,000 2O\OOO 154,891 TOTAL available for Local Public Works, &c. 163,864 TOTAL available for Local Public Works, &c. 218,588 * Includes; £60,000 to be received from Colonial Government under " Otago Provincial Public Works Advances Act, 1874," and £24,000 Sinking Fund, expected to be released.