FINANCIAL EFFECT OF ABOLITION ON PROVINCIAL REVENUE.
In our summary of news for the month will be found a brief notice of the figures adduced by the Colonial Treasurer on Friday night, to show the improved condition of provincial revenue under the Abolition Bill, if carried into effect. We here reprint those figures in full, so that there may be access of that criticism which they are certain to receive : AUCKLAND. UNDER PRESENT SYSTEM. Revenue — "" £ £ . Total Provincial Revenue, as estimated by province .. '• • 33,600 Capitation and Special Allowance .. 00,755 Total revenue .. .. ■■ 94,355 Expendihire — Provincial departments, as estimated byprjvince.. 50,617 Education Land and Surveys 5,136 Interest on Provincial Loans .. .. 40,919 Interest on Railways .. .. .. 19,067 Total 115,739 Deficit .. .. .. 21,384 UNDER PROPOSED SYSTEM. Revenue— £ ' £ Total Provincial Revenue, as estimated 33,600 Less taken over by the colony .. 4,700 25.900 From Confiscated. Lands .. .. 45,000 From Consolidated Revenue— For Departments .. .. .. 47.547 For Municipalities 9,475 For Road Boards 13,073 For Outlying Districts .. '.. 15,000 From Treasury Bills 36,200 Total Revenue 195,595 Expenditure — Provincial Departments .. .. 47,347 Education 12,000 Land and Surveys 10,200 Interest on Provincial Loans . ; .. 40,919 Interest on Railways 19,007 Total .. 129,533 Available for Local Public Works, : Endowments, &cGrants to Municipalities .. .. 9,475 License Fees given up to Municipalities 2,200 Grants to Road Boards (one moiety from Land Fund) 27,316 Goldflelds Revenue, applicable to Public Works thereon .. .. 12,000 Works in Country Districts .. 15,041 Total available lor Local Public ■ Works, &c .. .. 66,082 WELLINGTON". UNDER PRESENT SYSTEM. Revenue — £ £ Total Provincial Revenue, as estimated by Province 230.000 Capitation and Special Allowances.. 23,842 Total Revenue .. ... 255,902 Expenditure Provincial Departments, as estimated by Province 33,592 Education, as estimated by Province 10,650 Hands ¥ Surveys, and Reclamation, as estimated by Province .. .. 95.951 Interest on Provincial Loans .. 17,769 Interest on Railways 1,702 ■ ' Total 159,694 k Available for Local Public Works, Endowments, &c ' .. 99/20S Total available for Local Public Works, &c... 99,203 UNDER PROPOSED SYSTEM. Revenue — £ • £ Total Provincial Revenue, as estimated 230,060 Less taken over by the Colony .. 9,600 200.460 From Confiscated Lands .. ... 10,000 From Consolidated Fund— For Departments .. .. .. 30,052 - For Municipalities 7.571 For Road Board 5,362 For Outlying Districts .. .. 5,000 • Total Revenue 251,445 . Expenditure — Provincial Departments .. .. 30,052 Education .. .. 10,650 Lands, Surveys, and Reclamation .. 97,391 Interest on Provincial Loans.. .. 17,769 Interest on Railways .. .. .. -1,702 Total .. .. .-. .. 157,564 Available for Local Public Works, Endowments, &c Grants to Municipalities .. .. 7,571 License Fees given up to Municipali- . ties 5,000 Grants to Road Boards (one rnoiety from Land Fund) 16,724 '.Works in Country Districts .. .. 94.536 Total available for Local Public Works, &e. .. 12S,SS1 ELAWKfS BAY. ■ UNDER PRESENT SYSTEM. Revenue —" £ £ Total Provincial Revenue, as esti- . mated by Province 40,160 Capitation Allowance 10,764 Total revenue .. .. 50,924 Expenditure-* Provincial Departments, as estimated by Province 12,103 Education, as estimated by Province 6,050 Lands and Surveys, as estimated by Province ... .. .. .. 4,950 Interest on Provincial Loans .. .. 6,656 Interest on Railways 6,230 Total 35,989 Available for Local" Public Works, Endowments, &c. 14,935* Total available for Local Pnblic Works, &c. .-. 14,935 UNDER PROPOSED SYSTEM. Revenue — . £ £ Total Provincial Revenue, as estimated .. .. 40,160 Less taken over by the colony .. 6,170 33,990 From Consolidated Revenue— For Departments 10,743 For Municipalities .. ~ .. 2,400 For Road Boards 500 For Outlying districts .. .. 6,000 Total revenue .. .. '.. 53,633 Expenditure — - Provincial Departments .. .'. 10,743 Education 6.050 Lands and Surveys 4,950 Interest on Provincial Loans .. .. 6,656 Interest on Railways .. .. .. 0,230 Total 34,629 Available for Local Public Works, Endowments, &c.— Grants to Municipalities .. .. 2,400 . License Fees given up to Municipalities 2,190 Grants to Road Boards (one moiety from Land Fund) 1,000 Works in Country Districts.. .. 13,414 Total available for Local Public Works, &c. ._. .. .. .. 19,004 TARANAKL ' UNDER PRESENT SYSTEM. ' Revenue— ■' £ £ Total Provincial Revenue, as estimated by Province 15,537 Capitation and Special Allowances .. 5,368 Total Revenue .. .. 20,905 Expenditure — Provincial Departments, as estimated by Province 6,791 Education, as estimated by Province 725 Lands and Surveys, as estimated by Province .. 6,205 Interest on Provincial Loans .. .. 1,960 Interest on Railways 2,336 Total 18,017 Available for Local Public Works, Endowment, &c 2,888 Total available, for Local Public Works, &e 2.858 UNDER PROPOSED SYSTEM. Revenue — £ £ Total Provincial Revenue, as esti. • mated .. 15,537 Le 33 taken over by the Colony .. 300 15,237 From Confiscated Lands .. .. 18,000 From Consolidated Revenue — For Departments .. .\ .. 5,G4G For Municipalities 680 For Road Boards 1,195 For Outlying Districts .. .. 2,000 Total Revenue 42,758 Expenditure—- ■ Provincial Department.. .. .. 5,646 Education .. .. 725 , Lands and Surveys 8,740 Interest on Provincial Loans.. .. 1,960 Interest on Railways .. .. .. 2,336 Total .. 19,407 Available for Local Public Works, Endowments, &c... .. Grants to Municipalities .. .. 680 License Fees given up to Municipalities 892 Grants to Road Boards (one moiety from Land Fund) 2,390 Works in Country Districts .. 19,389 Total available for Local Public Works, ic. .. 23,351 NELSON. UNDER PRESENT SYSTEM. Revenue — ■ £ £ Total Provincial Revenue, as estimated by Province .. ..-« 00,416 Capitation and Special Allowance .. 18,306 Total Revenue .. .. 78,722 Expenditure — Provincial Departments, as estimated by Province 29,028 Education, as estimated by Province 9,960 Lands and Surveys, as estimated by Province 7,800 Interest on Provincial Loans .. .. 5,171 Interest on Railways 4,028 , ~ ~T o' a l •• •• 56,587 Available for Local Public Works, Endowments, &c.— .. ~ 22 135 Total available for 5 Local Public ' Works, stc .. .. •. 22 135 UNDER PROPOSED SYSTEM. Revenue — ■ £ £ Total Provincial Revenue, as estimated by Province .. .. CO 416 Less taken over by the Colony ~ 8J450 51,960 From Consolidated Revenue—--4 For Departments .. .. .. 25,591 For Municipalities ~ .. .. 3122
For Road Boards .. .. •• '3,33S For Outlying Districts .. .. 10,000 From Treasury Bills 7,000. Total Revenue 101,017 Expenditure— Provincial Departments .. .. 2 ?-™} Education »fl<® Lands and Surveys .. .. .. 7,»0u Interest on Provincial Loans .. °-1,, Interest on Railways 4,6-b Total 53,150 Available for Local Public Works, Endowments, &c.— Grants to Municipalities .. .. 3,122 License Fees gived up to MimicipaUties •• ?,2jo Grants to Road Boards (one moiety from Land Fund) 6,076 Goldflelds Revenue applicable to Public Works thereon .. .. 20,200 Works in Country Districts .. 10,619 Total available for Public Works.&c. 47,807 MARLBOROUGH. UNDER PRESENT SYSTEM. Revenue — *■• * Total Provincial Revenue, as estimated by Province .. •• "-I'.fJo Capitation Allowance °- iJ ,„.,„, Total Revenue • 16,634 Expenditure — Provincial Departments, as estimated by Province • • ?'?;5 Education, as estimated by Province 2,380 Lands and Surveys, as estimated by Province "'2jJ Interest on Provincial Loans .. .. 84b Interest on Railways ,5-i°2 Total •• 1?.* 16 Deficit .. ... 712 UNDER PROPOSED SYSTEM. Revenue — £ £ Total Provincial Revenue, as estimated.. .. •■ -- •• 11,355 Less taken over by the colony .. 995 : 10,390 .. From Consolidated Revenue— For Departments 5,445 For Municipalities 1,115 For Road Boards 1,827 For Outlying Districts .. .. 600 From Treasury Bills 4,400 Total Revenue —: — 29,177 Expenditure— Provincial Departments, .. .. 5,445 Education 2 *"^rt Lands and Surveys 2,030 Interest on Provincial Loans .. .. S4S Interest on Railways ....... .. 5,763 Total .. 16,466 Available for Local Public Works, Endowments, &c. — Grants to Municipalities .. .. 1,115 ' ; License Fees given up to Municipalities 1.090 Grants to Road Boards (one moiety from Land Fund) .. .. 3,654 1 Goldflelds Revenue applicable to Public Works thereon .. .. 750 Works in Country Districts .. 6,102 Total available for Local Public Works, &c .. -. 12,711 CANTERBURY. UNDER PRESENT SYSTEM. Revenue — Total Provincial Revenue as esti- £ £ mated by Province 591.458 Capitation allowance ... .. .. 56,319 . Total Revenue 917,777 Expenditure — Provincial Departments, as estimated by Province .. .. .. .. 97,457 ■ Education, as estimated by Province 46,005 Lands and Surveys, as estimated by Province .. 36.959 Railways, AVorking Expenses, as estimated by Province.. .. .. 144,860 Interest on Provincial Loans .. .. 42,372 Interest on Railways 40,709 Total 409,292 Available for Local Public Works, Endowments, &c 535.455 Total available for Local Public , Works, &e. .. ; 533,485 UNDER PROPOSED SYSTEM. Revenue— £ £ Total Provincial Revenue, as estimated..- .. .. .. ■ .. 891.45 S Less taken over by the colony .. 28,256 863,302 From Consolidated Revenue— For Departments .. '.. .. 91.452 • For Municipalitios .. .. .. 9,518 For Road Boards 10,138 For Outlying Districts .. .. 5,000 . Total Revenue 979,310 Expenditure — Provincial Department 91.452 Education .. .. 40,905 Lands and Surveys 36.959 Railways, Working Expenses.. .. 144,860 Interest on Provincial Loans .. .. 6,372 Interest on Railways 76,709 Total - .. 403,317 Available for Local Public Works, Endowments, &c.— Grants to Municipalities .. .. 9,518 License Fees given up to Municipalities .. .. ' .. .. 9,500 Grants to Road Boards (one moiety from Land Fund) .. .. 20,276 Works in Country Districts .. 536,729 Total available for Local Public Works, &c. 576,023 WESTLAND. UNDER PRESENT SYSTEM. Revenue — £ ■ £ Total Provincial Revenue, as estimated by Province .. .. 43,506 Capitation and Special Allowances .. 13,651 Total Revenue 57,157 Expenditure— Provincial Departments, as estimated by Province .. .. ... ... 26,629 Education, as estimated by Province 7,157 Lands and Survevs, as estimated by Province 5,420 Interest on Provincial Loans .. .. 12,744 Interest on Railways .. .. .. 2,422 Total 54,372 Available for Local Pnblic Works, Endowments, &c. .. .'. .. 2,785 Total available for Local Public Worts, &.c. .. 2,785 UNDER PROPOSED SYSTEM. Revenue— £ £ Total Provincial Revenue, as estimated .. .. ' 43,506 Less taken over by the Colony .. 1,700. 41,806 . From Consoldated Revenue — For Departments 24,079 For Municipalities 1,879 For Road Boards 1,401 For Outlying Districts .. .. 6,000 From Treasury Bills 11,100 Total Revenue .. ... 86,265 Expenditure — Provincial Departments .. .. 24,079 • Education .. 7,157 Lands and Surveys 5,420 Interest on Provincial Loans .. .. 12,744 Interest on Railways 2,422 Total .. .. .. .. 51,822 Available for Local Public Works, Endowments, &c.— , Grants to Municipalities .. .. 1,879 License Fees given up to Municipalities. 9,000 Grants to Road Boards (one moiety from Land Fund) .. .. .. 2,802 Goldflelds Revenue applicable to Public Works thereon .. .. 14,700 Works in Country Districts .. 6,062 Total available for Local Public Works, &c 34,443 OTAGO. UNDER PRESENT SYSTEM. Revenue— £ £ Total Provincial Revenue, as estimated by Province 549,042 Capitation Allowance 77,568 Total Revenue.. .. .. 626,010 Expenditure—- : Provincial Departments, as estimated by Province .. .. ..' .. 112,895 Education, as estimated by Province 69,520 Lands, Surveys, and Reclamations, as estimated by Prouince.. .. 90,670 Railways, Working Expenses, as estimated by Province.. 71,145 Interest on Provincial Loans.. ... 90,109 Interest on Railways .. .. ~ "38,401 Total .. .... .. . 462,746 Available for Local Public Works Endowments, &c— .. .. 163,864 Total available for Local Public Works, 4c. 163,864 UNDER PROPOSED SYSTEM. Revenue—- £ £ Total Provincial Revenue, as esti--mated by Province .. .. 545,042 Less taken over by the Colony ... 14,000 535,042 From Consolidated Revenue— For Departments .. 105,095 For Municipalities .. .. .. 20,397 For Road Boards 8,000 For Outlying Districts. .. .. 5,000 Total Revenue .. .. 673,534 Expenditure — Provincial Departments .. .. 105,095 Education 59,526 Lands, Surveys, and Reclamation .. 90,670 Railways, Working Expenses .. 71,145 [ Interest on Provincial Loans.. .. 73,909 Interest on Railways 54,601 Total 454,940 Available for Local Public Works Endowments, &c.— Grants to Municipalities .'. .. 20,397 License Fees given up to Municipalities 7,300 Grants to Road Boards (one moiety from Land Fund) 16,000 Goldflelds Revenue applicable to works on Goldflelds .. .. 20,000 Works in Country Districts .. 154,891 Total available for Local Public Works, &c. 218,588
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New Zealand Times, Volume XXX, Issue 4506, 30 August 1875, Page 5
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1,669FINANCIAL EFFECT OF ABOLITION ON PROVINCIAL REVENUE. New Zealand Times, Volume XXX, Issue 4506, 30 August 1875, Page 5
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