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SUMMARY. Consolidated Fund— Ordinary Eevenue Account— £ Expenditure .. .. .. .. .. ..24,708,042 Revenue .. .. .. .. .. "'.. 23,068,931 Deficit .. .. £1,639,111 £ Balance brought forward, Ist April, 1930 .. .. .. 2,356,337 Less — £ Deficit, 1930-31 .. '.. . - 1,639,111 Subsidy on expenditure out of Unemployment Fund .. .. •• •• 159,247 Subsidies to local authorities in respect of unemployment relief .. .. 116,768 Advances to Rural Intermediate Credit Board 127,900 Expenditure in connection with Hawke's Bay earthquake .. .. .. 29,536 Expenditure in connection with West Coast earthquake .. ... .. 174 Advance to Westport Harbour Account .. 5,000 2,077,736 Balance, 31st March, 1931 .. ... .. £278,601 This balance was made up as follows : — £ Cash .. 151,105 Imprests outstanding .. .. .. 127,496 £278,601 Revenue apart from items earmarked for highways showed a compara- £ tive decrease compared with the previous year of .. .. 2,610,730 Customs revenue shortage ~ . . .. .... 924,024 Interest on railway capital—shortage .. . . -. . ■ 695,000 Stamp and death duties —shortage .. .. .. .. 392,665 Income-tax —surplus .. .. .■ .. •- •• 43,606 Summary of Expenditure. £ Public-debt charges .. .. .. ..10,952,505 Social services— Education .. .. .. .. 3,354,545 Pensions and family allowances . . . . 3,025,206 Health and hospitals .. .. .. 1,219,184 Roads and highways . . .. . . . . 1,875,609 Defence-—land, sea, and air . . . . . . 821,644 Agriculture .. .. .. . . .. 418,913 All other items .. .. .. . . 3,040,436 £24,708,042 No Treasury revenue bills outstanding at end of year.

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