REVENUE AND EXPENDITURE.

709

Years

Ee venue

Expenditure

&

£

1863

1,380,836

1,757,092

1864

1,608,841

1,860,980

1865

1,525,827

2,906,332

1866

1,978,711

3,293,250

1867

1,864,155

2,857,560

1868

1,195,512

2,470,243

The budget for the fiscal year 1869-70 was calculated upon an ordinary revenue of 1,032,000/., and an expenditure of 969,587/., thus leaving a surplus of 62,413/. The following were the estimates of 1 869-7 U: —

Revenue : — £

Customs 86,000

Bonded warehouses 15,000

Stamps 67,000

Post-office 48,000

Telegraph 25,000

Miscellaneous 72,000

Total 1,032,000

Expenditure : — £

Civil list 27,500

Permanent charges 274,089

Do., Provincial Account 157,416

Domains 2,480

Public departments . 40,890

Law and justice ....... 51,808

Post and telegraph 134,334

Customs 40,475

Native service ........ 21,407

Miscellaneous, special and temporary .... 31,516

Militia and Volunteers ...... 27,669

Armed constabulary ....... 118,000

Contingencies of defence ...... 32,000

Total 969,587

The estimated ordinary revenue of the fiscal year 1868- 1,000,500/., and the actual receipts 1,005,933/. The expenditure was 1,436,259/., of which 266,931/. was for purposes, and 697,608/. for interest and sinking fund.

A considerable portion of the receipts at the disposal Government of New Zealand is territorial, derived from the Crown lands, depasturing licences, and assessments. This of income is not included in the ordinary revenue, but separately in the financial accounts, as ' Territorial revenue

■69 was

actual

defence

of the sale of source treated

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