8.—6
Table No. 7. Statement of the actual Net Expenditure of the Consolidated Fund (Ordinary Revenue Account) for the Financial Year ended 31st March, 1927, compared with the Financial Year ended 31st March, 1926.
IV
Year ended Year ended ' 31st March, 31st March, I Increase. Decrease. 1927. 1926. Permanent Appropriations— £ £ £ £ Civil List .. .. .. .. 31,054 29,084 1,970 Interest.. .. .. .. .. 8,450,794 8,129,799 320,995 Sinking Fund .. .. .. .. 4,000 J 7,000 .. 3,000 Reduction of Funded Debt .. .. 349,609 332,632 16,977 Repayment of Public Debt Act, 1925 .. 941,529 872,734 68,795 Under special ActsAdvances to other Governments .. .. 30,000 19,832 10,168 Education purposes .. .. .. 115,499 j 111,389 4. L10 Endowments .. .. .. .. 4,154 ' 5,556 .. 1,402 Fruit Guarantee Claims .. .. 82,619 .. 82,619 Maintenance of Overseas War Graves and 36,655 .. 36,655 War Memorials Miscellaneous .. .. .. .. 100,828 82,754 18,074 New Zealand Consolidated Stock —Amount 26.816 24,323 2,493 paid to Bank of England for Year ended 31st October, 1926, for management Pensions— Old-age .. .. .. .. 941,348 863,751 77,597 Widows' .. .. .. .. 301,080 285,654 15,426 Military .. .. .. .. 19,446 23,087 .. 3,641 War .. .. .. .. .. 1,122,741 1,179,552 .. 56,811 Miners' .. .. .. .. 39,465 I 37,705 1,760 Blind .. .. .. .. 10,304 8,040 2,264 Various .. .. .. .. 24,017 23,390 627 Refunds in respect of Totalizator-tax .. 31,174 : 9,533 21,641 I Salaries and honoraria .. .. .. 98,007 i 97,730 277 *Subsidies paid to Hospital Boards .. 610,498 ( 593,777 16,721 Subsidies on rates paid to local authorities 212,018 | 212,190 .. 172 Subsidies to Superannuation Funds and 189,990 199,129 .-. 9,139 National Provident Fund Territorial revenue .. .. .. 12,232 j 13,457 .. 1,225 Transfer to Discharged Soldiers' Settlement 50,00!) 50,000 Loans Act, 1920, Depreciation Fund Account Loan to New Zealand and South Seas .. j 30,000 .. 30,000 Exhibition Railways: Losses on branch lines and isolated I 429,068 344,830 84,238 j 14,264,945 13,586,928 783,407 105,390 L _ _J I : I * Subsidy under Hospital and Charitable Institutions Acts for Jubilee Institute for the Blind is included under Education purposes.