PUBLIC ACCOUNTS

Hokitika Guardian, 5 February 1927, Page 1

PUBLIC ACCOUNTS

DECEMBER QUARTER

.REVENUE AND EXPENDITURE

WELLINGTON, February 2. Public accounts for the quarter ended December 31. 1926, are gazetted. The total revenue received for the nine months, amounted to £16,128,220 as compared with £l-1,806,362 received for the corresponding period last year, an increase of £1.321,858. This increase, however, is largely nominal. Al ter allowing for certain large amounts received earlier this year the net increase in revenue is approximately £IBO.OOO. Apart from these nominal items the principal increases are:— £ Postal and Telegraph .... 169,073 Income Tax <0,392 Departmental receipts ... 69,974 The principal decreases are:— £ Customs 38,365. Stamp and Death Duties 11.50-1 Land Tax 40,190 The total expenditure for nine months was: — £ Permanent Charges ... 10,623.514 Annual Appropriations 6.995.230 Total £17,621,474 For the corresponding period of last year the figures were: —Permanent charges £9,689,055, annual appropriations” £6.964,929; total £16,854,834, the increases for this year being £996,360. made up as follows: — £ Permanent Charges 933,559 Annual Appropriations ... 33,301 Total £966,860 The- principal items of interest are:— Under permanent charges— Interest 1*6.984 Pepavment of Public Debt Act 1925 455,000 Under Special Acts 272,459 NOTE.—lncluded in the above increases, however, are payments totali lino- approximately £630.000. which have been made earlier this year, so that the true comparative increase is approximately £300,000. Fnder annual appropriations : £ Legislative Departments .. 36.000 Maintenance and repairs to roads 44.0<6 Internal 23.551 Naval Defence 5<,119 Customs 15.076 Education The principal decreases are:— £ Post and Telegraph working expenses 140,927 Industries and Commerce 30,804 Scenery Preservation 16,146 Electoral 71.318