DOMINION FINANCES.

Manawatu Herald, Volume XLIII, Issue 2279, 21 May 1921, Page 2

DOMINION FINANCES.

SIX MILLION SURPLUS

During the past financial year the revenue of the Dominion totalled £54,240,038, against £41,320,900 for the previous year, ordinary revenue showing an increase of upwards of eight millions, viz., £20,075,900 to £34,102,080, Customs shows an increase of 34 millions,, stamps and death duties over £400,000: Post and Telegraph £540,000; land tax £13,000; income tax 2'j millions railways, over a million. On the expenditure-side, permanent appropriations show an increase from £11,387,000 to £12,234,724. Annual appropriation- were: Post and Telegraph £l/941,494 to £2,588,350; working railways £4,305,005 to £0,211,001; Justice £571,401 to £725,071; Internal Affairs £330.350 to £032,000; Education £2.031.524 to £2,400,115. The Agricultural Department shows over half a million decrease, Other departments also show reduction?-. Details of ordinary revenue are as follows ;

The expenditure for the year amounted to .C 25,008,728, leaving a surplus of about six millions.

1919-1020 1920-1921 Cu.-tums 1,830.324 8,408,725 Stamp & death Duties 3,334,933 3,745,902 Post & TeleSraph 2,090,750 2,040,157 Land Tax 1,557.903 1,088,978 Income Tax 0,309,704 8,248,944 Beer Duty 355,403 300,525 It ail wavs 5,7 tl 0:015 0,918,492 Registra t'n Fet is 175,755 220,084 Marine 42.040 50,539 Miscellaneous 1,204,800 .1,584,994 Territorial- Her . 218.757 219,192 National Endowment Rev. 112,839 100,447 £20,075,901.) £34,192,980