B.—6a.

4

Expenditure. This is estimated at £10,737,958, against the actual expenditure of £10,340,368 during the last, year. There will be increases as follows: Permanent charges, £158,887; Departmental, .£239,204. I have estimated the results to be, — £ Balance from last year .... .... .... 807,276 Estimated revenue, 1912-13 .... .... 11,014,909 11,822,185 From this I deduct the estimated expenditure.... 10.,787,958 Leaving a surplus of .... .... .... £1,084,227 From this must be deducted the amount to be voted on the supplementary estimates. This will still allow a transfer of £800,000 to the Public Works Fund. The following table shows a list of the unexhausted authorities for raising , loans as at Ist July, 1912 :— Statement showing Unexhausted Authorities for raising Loans in Fokce at Date. The Aid to Water-power Works, 1910 .... .... 500,000 The Appropriation Act, 1911 (section 17) .... 100,000 The Waihou and Ohinemuri Rivers Improvement Act, 1910 .... .... .... .... 50,000 The Hutt Railway and Road Improvement Act, 1910 5,320 The Government Railways Amendment Act, 1910.... 48,450 The Scenery Preservation Act, 1908 .... .... 50,000 The State Fire Insurance Act, 1908 .... .... 98,000 The New Zealand State-guaranteed Advances Act, 1909-10: — ■ ■ .. ' £ Advances to Settlers .... .... .... 1,532,700 Advances to Workers .... .... .... 325,000 Land for Settlements .... .... .... 720,650 Native Land Settlement .... .... 450,000 Local Authorities .... .... :.... 850,000 Guaranteed Mining .... .... .... 20,000 £4,750,120 : Arthur M. Mtebs, Minister of "Finance. Wellington, 9th July, 1912.

Authority : John Mackay, Government Printer, Wellington.—l9l2