OUR FINANCES.

Dominion, Volume 6, Issue 1757, 23 May 1913, Page 6

OUR FINANCES.

STATEMENT FOR THE YEAR,

REVENUE, <611,734,270. %. ■ NEARLY HALF A MILLION INCREASE. ' SURPLUS, ,£709,000. | 'A statement of receipts and expenditure of the Consolidated Fund and of tho several special funds for tho year ended March 31, 1913, appeared in the Gazette published last night. l , Generally speaking, the statement shows that tho revenue is increasing, but that the expenditure also has increased during :'the year. '. Ordinary revenue produced i 11,73-1,270, or nearly w6700,f100 more than in tho preceding year. On. tho other hand,, •the Government finished the year with a. ■balance in hand of ,£709,508, having begun the year with ,£807,275, but the amount transferred to the Public Works Fund ■was ,£750,000, a 9 against .£500,000 in the preceding year. Following are the main items in tho 'statement, shillings and pence being omitted in cveiV case:— REVENUE. 1912-13. 1911-12. ' £ £ tialancs fit beginning of yiear 80i,270 586,483 Ordinary revenueCustoms 3,.107,533 3,279,012 Stamps 1,052,3(6 913,188 Post and telegraph 1,167,977. 1,089,808 (Land tax 728,630- 617,015 Income tax 462,993 418,934 Beer duty 124,222 119,130 Railways 3,938,349 3,665,313 [Registration and other foes .......; 93,929 108,495 Marine . 52,761 '{8,321 ■ Jliscellansous 301,339 3/1,807 Totals ; 11,420,098 10,721,387 Territorial revenueCash land sales. 55,839 65,936 payment land sales 332 568 iPastoral Tuns, rents, * and miscellaneous 198,337 182,280 (Totals 254,509 218,791 i 'National endowment ( revenue 59,413 62,365 Grartd totals 12,541,546 11,843,8-14, ; EXPENDITURE. Permanent Appropriations— /'" Civil list 33,492 / 33.G79 Interest, and sinking fnnd 2,717,013 2,656,339 .Under special Acts ... 574,410 510,48S to local bodies .*.. 1y0,527 105,937 Paid over to local bodies 41,316 38,477 Jindowmonts > 156,248 152,772 Did ago pensions 397,037 386,982 .Widows' pensions 22,108 1,901 Totals ■ 4,052,185 3,880,618 Annual Appropriations— Legislative .•' Departments 35,517 31,628 Department of Finance 55,025 47,448 Post and Telegraph ... 1,066,772 .986,526 • .Working railways 2,817,149 2,451,717 .Buildings, domains and roads 117,703 88,745 ■Native affairs 23,668 20,724 Justice *404,316 379,308 Mines 29,947 2-1,843 ' Internal affairs 314,599 437,726 505,267 401,870 Customs and marine... 134,019 118,527 Labour 29,117 25,245 Lands and Survey ... 231,245 234,500 Agriculture, -industries and commerce ... 178,904 172.95G Education 1,084,041 1,012,0-18 Services not provided for 2,500 19,932 Totals 7,029,852 6,453,750 Transferred to Public . Works Fund 750,000 500,000 Balance at end of yearCash- in Public Account 678,173 770,341 Imprests '• 31,334 36,934 Totals 709,508 807,275 Grand totals 12,451,546 11,843,814