PARLIAMENTRY.

Feilding Star, Volume III, Issue 1, 17 June 1882, Page 3

PARLIAMENTRY.

♦ Hjk-3|[R FINANCIAL STATEMENT.

' (aj TILEGBAPH.) Wellington, June 16. Major Atkinson (Colonial his financial slatein the House, the were crowded. Its our giving the The following revenue and exyear 1881-82. of the year, derived from the actual account was in excess of members will comparative reappended to this indebted to the the larger portion having been reThe revenue £11,115 in excess receipts while from deetc., we obtained we anticipated. On amount derived from short of the estithis sum £9,270 has in; £22,000 represents the to be received from which were afterwards and £7,566 is an over revenue from railways less than the eatimembers will be glad to receipts frem railways, estimated at £364,754, or £4183 more Land sales of the Tables Nos. 1 and course approved by the session of 1880-81. charged against the fund amounted to £338,076, for subsidies paid to amount voted for dechargeable on the £154.510: the amount was £137,297, being the rotes. The on the 31st M»rch as against £37,561 on 1881. The receipts for land sales were the amount acand paid into the £31,7083 of which lands sold for cash, for sales on deto the receipts of at credit of the on the 31st march £32,373, anu deductwe have a balance £11,360 at credit on Public works apthe year ended the 3 1st to £1,892,554. The £977.886, including £454,224 The liabilities outstandt \wj tfiivmiiii'mi' I ' ■WB^"™rTsunngthe year special receipis and reeoreries amounting to £42,378 came to crdit of the fund and on i the 31st March, 82, the balance remainV ing unexpended was £924,865, consisting of cash in the Bank of New Zealand. £647,646, advances in the bands of officers of the Government £60,316, Debentures of the loan of 1870 guaranteed by the imperial Government £135,300, amount invested in debentures of the New Zealand Goventinent £40,000, •ad temporarj adyanees made on certain other securities £37,600 The balance at «redit of the fund on the3lst March, 1881. waa £1*860,373, and on the 31st M*rch, 1882 it was £924,865; the evtent to which it was diminished during tfce/ ▼ear was therefore £935,508. These figuiss show that it has been carefully husbanded, so as to extend the expenditure over the time agr&ed and not again to go upon the London market. Ok the 91st March, 1882, the debt was £2&4M6,7U. and the sinking funds had increased to £2,266,418 the net debt being ; thua £27,e80,293, or £572,024 of the I; traanurj bills which, on the 31st March, I 1881, formed a portion of the public / works fund, sales, to the amount of i £431,300 hare taken place. These bills had been taken up in 1880 with monej k standing 1 to the credit of that fund.