A—4

APPENDIX VI—PUBLIC FINANCE (a) Receipts and Payments (1), 1925-26 to 1948-49

61

Year. Receipts of Public Revenue of the Territory. Payments. Deficit or Surplus. Subsidy from New Zealand. Final Surplus or Deficit. £ £ £ £ £ 1925-26 128,638 145,687 -17,049 21,400 + 4,351 1926-27 113,812 141,710 -27,898 20,000 - 7,898 1927-28 106,038 143,421 -37,383 20,000 - 17,383 1928-29 .. .. 121,904 157,829 -35,829 47,374* + 11,449 1929-30 131,416 150,728*' -19,312* 39,448* + 20,136 1930-31 130,385 140,288* - 9,903* 21,000 + 11,097 1931-32 109,040 128,936* -19,896 - 19,896* 1932-33 105,920 98,166 + 7,754 + 7,754 1933-34 90,613 89,955 + 658 + 658 1934-35 78,808 76,505 + 2,303 + 2,303 1935-36 111,867 100,736 + 11,131 + 11,131 1936-37 117,909 116,613 + 1,296 + 1,296 1937-38 139,450 139,070 + 380 + 380 1938-39 123,803 119,233 +. 4,570 + 4,570 1939-40 131,416 135,648 - 4,232 - 4,232 1940-41 107,708 110,000 - 2,292 - 2,292 1941-42 100,883 101,492 - 609 - 609 1942-43 212,996 203,492 + 9,504 + 9,504 1943-44 278,092 227,220 +50,872 + 50,872 1944-45 281,033 225,879 +55,154 + 55,154 1945-46 284,292 231,527 +52,765 + 52,765 1946-47 334,838 231,236 + 103,602 + 103,602 1947-48 548,682 359,285 + 189,397 . +189,397 1948-49 .. 500,338 464,520 +35,818 +35,818 *(1) Includes expenditure on extra police : £27,374 in 1928-29, £19,448 in 1929-30, £16,561 in 1930-31, and £10,412 in 1931-32; (2) does not include subsidies for specific purposes received from New Zealand from 1945-46 onwards.