CONSOLIDATED FUNDS.
- THE OFFIGLYL STATEMENT
/Wellington, Thursday. A statement «of receipts and expenditure of the Consolidated Fund for the year ended March 31 last, published in Thursday’s <f Gai4ette,” shows a falling off in the ordinary revenue of £6,193,000. The principal decreases axe: —Customs £3,313, 000; Income tax £2,246,000; stamp duties £300,000; railways £235,000; land tax £51,000. The post and telegraph revenue shows an increase of £IOB,OOO, and the beer duty an increase of £98,000. The balance at the beginning of the past year was £8,591,208, as against a balance of £17,538,976 for the previous year, while the total receipts for the year were £38,361,451, as compared with £54,249,938 for 1920-21. On the expenditure side, the perma- ' nent appropriations show an increase of £639,000,, mainly under the heading o£ interest and sinking fund. Subsidies to local bodies, etc., show increases of some £IO,OOO and £70,000. respectively, but the actual appropriations show a decrease of £241,000. The balanee at the beginning of the.current financial year (1922-23) was £7,531,366, against £8,591,208 at the beginning of 1921-22. Y ■ '
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Manawatu Herald, Volume XLIV, Issue 2434, 27 May 1922, Page 3
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175CONSOLIDATED FUNDS. Manawatu Herald, Volume XLIV, Issue 2434, 27 May 1922, Page 3
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