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 .' The
