Victorian Budget.
BUOYANT REVENUE. (Eec. Oct. 3, 11.32 p.m.). By Telegraph—Association— Copyright. Melbourne, October 3. Mr. Bent, Premier of Victoria, delivered his Budget this afternoon. Tho rovemie for tho year was, £8,313,241, which is £758,673 in oxcoss of .the estimate Tho expenditure was £7,501,031, or £49,000 less than tho estimate. The surplus for the year was £812,210. Of this amount £614,000 has boen devoted to reduction qf previous . deficits, and £100,000 towards making good a deficiency in railway rolling stock.
It is estimated that tho rovenuo for -the'current year will be £8,101,782, and that tho expenditure will bo £57,954 moro than in the preceding year, this being due to an increase of Cd. per day to certain employees, and to increases in the prico of coal, rails, timber, and metals.
Tho Government, said Mr. Bent, intended to introduce a Railway Hill creating a railway interest resorvo fund limited to £300,000, and a railway additions and improvement fund limited to. £200;000.
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Bibliographic details
Dominion, Volume 1, Issue 8, 4 October 1907, Page 5
Word Count
160Victorian Budget. Dominion, Volume 1, Issue 8, 4 October 1907, Page 5
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