ESTIMATES.

Dominion, Volume 5, Issue 1512, 7 August 1912, Page 5

ESTIMATES.

REVENUE AND EXPENDITURE, 1912-13. THE CONSOLIDATED ITXD. I anticipate that the revenue for Wl2-i:l will 1)0 .£10,9J8,-101, mado Uμ as follows. :- X Customs 3,200,000 Railways 3,7-13,(100 Stamps SUB.BOO I'o.st ami Telegraph ], 111.000 Laud Tax (3,0011 Income Tax : 150,000 ■ licer Duty 119,000 Kegistratioii '.15.1G5 Marine -17,0011 Miscellaneous > 3G9.530 Territorial Revenue (£240,000, less land sales, 1911-12, 4566,505) ' , - 173,-195 Rational endowment revenue. r>9.414 ,£10,!M8,-101 The estimate of land tax revenue is based on the rates of taxation as provided by the existing' law. If the rates of taxation are amended, as indicated, later on a Curl her sum will have to bo added to the revenue from this source. The balance in the Consolidated Fund at March 31, ISII2, was .C807,27(i, and ] propose to ileal with this as follow?:— ■' . £ Transfer to (he Public Works Fund • 750,0X0 Balance to remain in the Consolidated Fund on account of 'lie excess of liabilities on ■ March 31,1912, over the liabilities on Match 31, 1911, amounting to JC57,3G" 57,276 , . ' .£607,270 The year's finance, jo far as Hie Consolidated Fund is concerned, may now be summarised as follows:— ,C Balance art*; , transfer of .£750,000 . to Public AVorks Fund ... 57,276 E-H mated revenue 10,9f5,-101 ' , 11,005.650 J-,<tiina(«rl expenditure 10,803,068 Balance available fnr Mipplcuieutarv estimate 142,612