THE ESTIMATES.

Nelson Evening Mail, Volume XV, Issue 140, 12 June 1880, Page 4

THE ESTIMATES.

The Eatimates for the current financial year, 1880-81, are as follows : — Revenue : Customs, £1,250,000 ; Stamps, £140,000; Property Tax, £300,000; Railways, £950,000; Postal, £145,000; Telegraphs, £80,000 ; Judicial, £60,000 ; Land Transfer and Deed Registry, £32,000; Registration and other fees, £32,000 ; Marine, £16,000; Miscellaneous, £50,000 ; Pastoral Licenses, £135,000— total, £3,190,000. Expenditure : Civil List, £29,750 ; Interest and Sinking Fund, £1,453,161 ; Permanent Appropriations under special Acts of Legislature, £50,587 ; Legislature, £39,851 ; Colonial Secretary's Department, £170 220 ; Treasury, £49,470; Justice, £137,139; Postal and Telegraphic, £278,646 ; Customs, £90,843; Stamps, £23,785; Education, £297,730; Native, £14,262; Mines, £23,200; Public Works, £634,079; Defence, £180,981— total, £3,473,709. But from this has to be deducted £225,000, the estimated amount which will not be actually spent within the year, and £50,000, departmental reductions, tho total net expenditure being, therefore, £3,198,709, leaving a deficit of £8,709. To the revenue, however, has to be added the proceeds of the proposed new taxation, viz — Beer Duty, £80,000 ; Increase in Succession Duties, £10,000— -total, £90,000, less £40,000 the estimated loss by exemption of personal effects from Property tax, giving a net addition of £50,000. If from this the deficit of £8709 6s 7d be deducted, it leaves £41,290 13s 5d as the estimated surplus for the year. — Post.