N.Z. FINANCES.

Hokitika Guardian, 20 October 1923, Page 4

N.Z. FINANCES.

ITOULKS KOI? SIX MONTHS. ESTIMATED LOSS ON LENNY POSTAL! K- £l‘Jo,ooo. \YKM,LX< :T< )X. October 1(1. The chief items of revenue for the past six months, compared with those for the half-year ended September 30th.. 1922, are: -

In the levenne returns, land tax and income tax are not inaluded. as the hulk of the revenue is received during ilia latter part of the financial year. comparison of the first half-year's revenue, therefore, where no mat'd ini increase or decrease is shown in six months.

ft is expected that the In— in pc-tal revenue for the current half-year, by reversion to penny postage, will le t'LJo.OOO, but the increase in telephone charges, which it is hoped will make that branch self-supporting. will Le set off. Education expemlituie shows an inerea.se of £1)0.3-17. The cost a head is now £2 8s lid. against £1 !s (id. which was the cost 10 years ago. Since 1018IP a sum of £1.080.301 has been devoted to increased school accommodation. This year an extra £IOO.OOO is transferred to building purposes out of accumulated surpluses.

1923-21 1922-2:3 £ £ ('lt>tt>lllN 3.370.101 ti.ooU,r>88 I’ust A niv _rrnj,ti 1.281.181 1 .110.009 Srjfinj) ;unl I )rat li huui1 .1 029.N3 1 ..128.723 I’nilua i - 2.932.!: 17 2.982. !03 Interest :i!•<! .Miseclln neons ... 333,702 978.293 Tit,. ■ liief items el' expend' i uro au* : — 192:1-21 1922-23 -{■ £ i ( ailvtnv.1.208..71 1 2.192.309 I’n- L A- Telejrni!)!i 903. l 30 990.019 11 t*:t It! i ... l 10.738 100.279 IVlisioii.s . . m 52.089 .Mental lleijutil109.019 129.1 17 NnV.ii Deivt-.-e 101.870 0-1.207 .1 .anils ,V Snrvei i 00.020 80.729 Edncation 1.321.2-11 1.221,89-1 Defence ... 1:17 020 .139,008