FINANCIAL STATEMENT.

Motueka Star, Volume I, Issue 6, 30 August 1901, Page 4

FINANCIAL STATEMENT.

PITH OF [THE BUDGET. The revenue for the past year totalled -£5,852,706. The ordinary revenue for the past year was £5,582502. The territ a i;d 1 evenue wa5£270,204. The total reveiiiie showed an increase over the previous year of £272,320. The expenditure for tl e past year am ai.itcd to £5,479-/03. The permanent appropriations totalled £2,335,223. . ; The Inc-e i-e in the above fa- the year was £49,905. The Departmental expenditure last year was £3,144,480. The increase on the ahoVe for the vear was £289,6/0. The exre.'S of receipts over expenditure was £427,214. The amount carried over from previous veal" was £l()D,ool. The total balance brought forward ntr the end of the year was A 032,064, The liabilities against, this at the end of‘ the year were £206,828. It is proposed 11 tvan.-fer to the ! Public Work bund £500,000. heaving, to he carried t >i-\vnrd, £32. 564. The revenue for the canvut year is estimated at £5,096,000. The expenditure tor the current vear is estimate.l at £5,/ 0.5,814. Tim expected balance at the e id or 11 ie vc; tr is £104,1 0 0 . Tiii' ha. ia urn Will he ? ' need e-v th.e am >u-..t of the huppin’ _e.A Estimates The net pul die debt on the 31st .'.dn-'cli last ’ u £-1-8,557,7 51. T ic i-L .vv, .!• in tue :aiohc dol'd duh.r 'mm- pi .027.675. xhie loan-; t » local b alios last yea t /called £138,956. L >a ll - t i\vu--ils opening np lands for s.'t.t.'ieiiu- lit, £37,300. Tim amount a nth as. sa-1 f;r jui -ciia-e id* laii*s for stj'.uniiicnt \va s £ot>o, i 93. The muon at actually spent was £lB6, 021. Th.e area re ;nired under th.e Lauds for Sei'tlement .Vet last year was 70.833 am res. The cost of Old Age Pensions fm lhe t cui-vent year is estimated at £2lo. 990. The Public Works expend.ture last year was £1,307,511. The liabilities again.'t the Public Works [fund am am ted t > £T ,292,096. The Public Works exp enditure for the curveut year is set at £1 -000.000. It is proposed to h mow for publie wt >rks £ 1 ,(300,000. Of tiier loan authorised last- year ~ ther eremains to he borrowed A'OoO.CKKh Srhe total available for public works expenditure is £ 2 ,5 5 2.515. It is pi-oposed to open a state coal mine to supply the public .servie, such as tail ways etc , which consume aimu- , ally 115,000 tons. The reduction of the mortage tax promised last session is not to be carried out into effect. The Treasurer thinks it would be imprudent to do so. Provision is to be made tor the ereet ou-of cold stores, and the exom iinent is to be first tried in South Africa. it is proposed to subsidise Vera period of’ three years a Smith Airman steamer service, the vessels not to go bey md S outli Africa. Proposals are to be submitted with the San Franc mail