Financial Summary




MAY 31.] THE NEW ZEALAND GAZETTE. 1791
Year ended 31st March, 1928, compared with the Year ended 31st March, 1927.
ACCOUNT.
| 1926-1927. | EXPENDITURE. | 1927-1928. |
| --- | --- | --- |
| Gross. | \ | Gross. |
| £ s. d. | Permanent Appropriations, | £ s. d. £ s. d. |
| 31,054 8 0 | Civil List | 30,288 12 7 |
| Debt Services— Interest | 10,953,503 13 5 |
| 10,594,654 10 6 | Amortization of Debt— Sinking Fund | 7,000 0 0 |
| 7,000 0 0 | Repayment of the Public Debt Act, 1925, Section 11 | 993,764 9 0 |
| 941,529 4 4 | Repayment of Funded Debt | 367,705 8 4 |
| 350,074 8 0 | | 12,321,973 10 9 |
| 11,893,258 2 11, | Under special Acts of the Legislature— Subsidies paid to Local Bodies— Appropriation Act, 1916, Section 9 | 185,940 4 7 |
| 183,580 16 5 | Municipal Corporations Act, 1920, Section 72 | 29,738 10 10 |
| 28,437 17 8 | Subsidies paid to Hospital Boards and Charitable Institutions— Hospitals and Charitable Institutions Acts, 1909, 1910, and 1913 | 683,147 19 0 |
| 392,740 9 1 | Hospitals and Charitable Institutions Act, 1926 | 1,741 12 7 |
| 217,757 13 6 | Subsidy paid to Jubilee Institute for the Blind | 38,457 9 8 |
| 4,933 0 5 | Education Act, 1914—Subsidies. | |
| 40,637 4 3 | Appropriation Act, 1925, Section 15— Cost of Maintenance of Overseas War-graves and Memorials Land Act, 1924, Sections 139 and 358— " Halves," " Thirds," and “ Fourths ” paid over to Local Bodies' Deposit Accounts | 23,062 10 0 |
| 36,655 6 9 | New Zealand Loans Act, 1908, Section 26— Management charges of Consolidated Stock | 7,906 6 8 |
| 12,232 6 6 | Finance Act, 1925, Section 8— Refund to Racing Clubs of Proportion of Totalizator Duty Endowments— New Plymouth Harbour Board Endowment Act, 1874 | 31,387 19 5 |
| 29,468 9 5 | Government Railways Act, 1926, Section 37 (1b)— Losses on Isolated Sections and Branch Lines | 25,209 5 2 |
| 31,174 0 5 | Appropriation Act, 1926, Section 13— Exchange on remittances to and from London | 2,976 8 10 |
| 4,153 11 3 | Appropriation Act, 1926, Section 14 (Fruit Export Guarantee) Samoa Act, 1921, Section 364 (4) (Cost of Purchase of Samoan Treasury Notes) | 484,658 14 6 |
| 429,068 2 7 | Native Trustee Act, 1920, Section 17— Advance to Native Trustee’s Account | 23,125 0 0 |
| 5,637 10 0 | Family Allowances Act, 1926 | Cr. 23 7 1 |
| 82,618 12 6 | Pensions Act, 1913— Old-age Pensions | 37,514 14 3 |
| 15,000 0 0 | Widows’ Pensions | |
| 10,000 0 0 | Military Pensions | |
| 611,386 3 1 | Miner's Phthisis Act, 1915 | |
| 200,548 2 11 | Pensions Amendment Act, 1924— Pensions for the Blind | |
| 13,321 13 5 | Pensions Act, 1926— Old-age Pensions | 968,927 18 5 |
| 27,746 6 7 | Widows’ Pensions | 302,765 15 5 |
| 6,851 1 3 | Pensions for the Blind | 12,249 6 2 |
| 329,962 5 9 | Miners' Pensions | 45,083 0 0 |
| 100,532 1 1 | Military Pensions | 16,377 9 7 |
| 3,452 8 5 | War Pensions Act, 1915 | 1,146,954 17 2 |
| 14,201 0 10 | Superannuation Payments— Finance Act, 1925, Section 27— Increased Benefits for Widows and Children of Deceased Contributors | |
| 6,124 0 9 | Public Service Classification and Superannuation Act, 1908, Section 49 and Amendments (Public Service) | 11,767 11 9 |
| 1,122,740 12 6 | Public Service Classification and Superannuation Amendment Act, 1908, Section 39 and Amendments (Teachers) | |
| 19,938 1 6 | Public Service Superannuation Act, 1927— Section 50 | 86,000 0 0 |
| 86,000 0 0 | Section 62 | 161 17 4 |
| 43,000 0 0 | Section 112 | 43,000 0 0 |
| | Section 114 | 5,506 0 0 |
| | Finance Act, 1927 (No. 2), Section 5— Contribution towards Singapore Naval Base | 125,000 0 0 |
| | Discharged Soldiers Settlement Loans Act, 1920, Section 7 (transfer to Discharged Soldiers Settlement Loans Act, 1920, Depreciation Fund Account) | 50,000 0 0 |
| 50,000 0 0 | Finance Act, 1921-22, Section 13 (transfer to Advances to other Governments Account) | |
| 30,000 0 0 | Finance Act, 1927 (No. 2), Section 24 (1)— Tire-tax, Fees, and Fines transferred to the Main Highways Account, Revenue Fund | 225,602 1 0 |
| | Motor-spirits Taxation Act, 1927, Section 7— Expenses of collecting tax on motor-spirits | 1,710 4 8 |
| | Motor-spirits Taxation Act, 1927, Section 9 (1)— Tax on motor-spirits allocated to Main Highways Account, Revenue Fund | 130,460 17 7 |
| 373,792 7 4 | Miscellaneous special Acts | 410,312 3 6 |
| 4,563,691 6 2 | Carried forward | 5,156,723 11 0 |
| 16,488,003 17 0 | | 17,508,985 14 4 |
NOTE.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25.
For the purposes of comparison a summary showing the net expenditure will be found on page 1860.



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Revenue, Expenditure, Public Account, Financial Summary