THE DOMINION’S FINANCES.

Manawatu Herald, Volume XXXI, Issue 458, 18 May 1909, Page 3

THE DOMINION’S FINANCES.

INTERESTING FIGURES. Figures showing the Dominion’s financial transactions during the year ended March 31st last, with figures of the previous year for comparison, appear in the Gazette. Following is a summary, shillings and pence omitted : receipts. 1908-9 1907-8 Balance beginning of year 767,849 717,825 Ordinary revenue 8,778,328 8,766,342 Territorial revenue 228,856 289,603 Debentures issued 165,000 285,500 Expenditure recovered 777 8,043 Debentures renewed 438 Sinking funds set free Totals 9,935,272 11,091,3x4 ' EXPENDITURE. 1908-9 1907-8 £ £ Permanent appropriations 3,210,030 3,128,621 Annual, appropriations 5,575,483 5,085,343 Re venue transferred to public works fund 800,000 800,000 Debentures renewed 165,000 385,000 Debentures redeemed Balance end of year 184,320 767,849 Debentures renewed 438 Totals 9,925,272 11,091,314 Details of the ordinary and territorial revenue are:— ORDINARY REVENUE. 1908-9 1907-8 £ £ Customs 2,801,248 3» 10 3,5 6 4 Telegraph receipts i,59U327 U 550,933 Land tax 604,000 537,846 Income tax 321,044 304,904 Beer duty 116,214 11 3>97 2 Railways 2,918,507 2,765,395 Registration & other fees 117,061 129,165 Marine 43,815 42,217 Miscellaneous \ 264,209 218,342 TERRITORIAL REVENUE. 1908-9 1907-8 £ £ Cash and land sales 55*379 45,233 Deferred payment on land sales 1,782 2,255 Pastoral runs, etc., 165,694 242,115 Totals 9,001,185 9,055,945 THE ACCOUNTS AUDITED. At- Christchurch the Prime Minister informed a . representative of the Press that he had pleasure in stating that the whole ot the Public Accounts for the financial year 1908-09 had been passed by the Audit Department, and were to be returned to the Minister of Finance. He added that again, as was the case last year and the year before, they were being returned without comment of any sort and with no “tags.” It was very gratifying to know that the whole of the year’s extensive operations had passed the ordeal of the Controller and AuditorGeneral’s office, and had been found without blemish.