THE ESTIMATES.

Globe, Volume XXII, Issue 1965, 11 June 1880, Page 3

THE ESTIMATES.

[By Telkgbaph.J [PBOH ODE OWN COHEBSPONDENT.I WELLINGTON, June 10. Th« Estimates for the current financial year 1880 81, are as follows : BBTHNUK. £ Customs ... 1,250,000 Stamps 140,000 Property tax... 300,000 Railways ... ... ... ... 950,000 Postal 145,000 Telegraph 80,000 Judicial 60,000 Land transfer and deeds registry... 32,000 Kegistration and other fees ... 32,000 Marine ... 16,000 Miscellaneous 50,000 Pastoral licenses 135,000 Total £3.190,000 EXPENDITURE. £ Civil list 29,750 Interest and sinking fund 1,453,161 Permanent appropriations under special, Acts of the Legislature ... 50,587 Legislature 39,851 Colonial Secretary’s department ... 170,220 Treasury 50,470 Justice 137,139 Post and Telegraph 278,646 Customs 90,848 Stamps 23^785 Education 297,730 Native 14 262 Mines ... 23,200 Public works 634,079 Defence 180,981

Total 3,473.709 From the estimated expenditure has to bo deducted £225,000, the estimated amount which will not bo actually spent within the year, and £50,000 departmental reductions, the total net expenditure being therefore £3,198,709, leaving a deficit of £8709 to the revenue. However, there has to bo added the proceeds of the proposed n jw taxation, viz., beer duty, £80,000; increase in succession duties, £IO,OOO ; total, £90,000 ; less £40,000, the estimated loss by exemption of personal effects from the Property Tax, giving a net addition of £50,000. If from this the deficit of £B7OO 6a 7d bo deducted, it loaves £41,290 13s 5d as the estimated surplus for the year.