THE YEARS’ REVENUE.
(fee press association.)
Wellington, May 16.
The accounts of the Consolidated Fund for the year ended 31st March 1901, ippear in this week’s Gazette. At the beginning of the year there was £.'579,365 cash in the public accounts. Vdding to this the sum of £69,987 advances in the hands of officers of the Government, and the balance of £656,000 on the investment account and deducting £700,01X1 for Treasury 'Bills outstanding, there was a balance at the beginning of the year of £605,351. The ordinary revenue accruing to the Revenue account amounted in the aggregate to £5,582,502, an increase os something like £260,000 on the same revenue for the previous year. This was contributed as follows:
Customs, £2,180,861. Stamps (including post and telegraphic receipts), £903,934, Land Tax £294,583. Income Tax, £173,808. Beer duty, £85,170. Rai l ways, £1,720,640. Registration and other fees, £67,537. Marine, £29,553. Miscellaneous, £126,410. None of these sources of revenue has shown a great difference on the figures for the previous year. The territorial revenues yielded £270,203. . Receipts in aid £52,000. Debentures issued under the Dairy Industry Act, £1,781. ~ Recoveries in respect to the unauthorised sums of the previous years, (Trade with South Africa) £1,4-10. The receipts for the year were accordingly £6,214.018. The total expenditure for the year was £5,981,485, inclusive of £500,000 transferrod to the Public Works account in terms of the Appropriation Act of last session*
The Permanent appropriations amounted to £2,335,223. The only item under this head calling for remark is the Old Age Pension appropriation of £190,600. During the previous year this appropriation absordecl only £157,094.
The annual appropriation amounted to £3,144,479, an increase of £289,670 on the amount for the previous year.
The appropriations for the working of the railways and defence account form a great part of this increase, the former having increased by £105,000, and the latter £64,000.
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Greymouth Evening Star, Volume XXXI, 18 May 1901, Page 4
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311THE YEARS’ REVENUE. Greymouth Evening Star, Volume XXXI, 18 May 1901, Page 4
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