New Zealand Gazette – 1987 – No. 31

Page 1116

✨ National Roads Fund Statistics



1116 THE NEW ZEALAND GAZETTE No. 31

  1. Taxation, National Roads Fund

Taxation paid into this Fund during the nine months are as follows:

1986 1985
$(000) $(000)
Motor spirits duty
Less refunds 146,956 136,063
4,772 4,506
142,184 131,557
Road user charges 151,333 101,527
Less refunds 9,038 10,453
142,295 91,074
Mileage tax 15 2
Sales tax on compressed
natural gas 9,156 10,075
Less refunds 222 188
8,934 9,887
Sales tax on liquefied
petroleum gas 7,376 7,137
Less refunds 1,272 810
6,104 6,327
$299,532 $238,847

Footnote:
1 As from 1 October 1986 revenue for these items will be collected as Excise Duty.

  1. Other Receipts, National Roads Fund

Those are as follows--

1986 1985
Miscellaneous 1,005 952
Receipts from land and
property 8,717 4,942
$9,722 $5,894
  1. Expenditure, National Roads Fund
1986 1985
State highways
construction 32,206 30,491
State highways
maintenance 78,227 73,159
Local authorities
subsidised works 99,395 91,717
Purchases of land and
property 3,156 2,280
Administration 14,680 11,804
General 3,875 2,196
$231,539 $211,647
  1. Suspense Account

As set out in the General Accounting Policy pertaining to recognition of receipts and payments the Suspense Account contains moneys received but not yet allocated to a particular fund or account.

  1. Investments—Public Account Balances

Investments held in New Zealand decreased by $1,186,100,000 and those held overseas increased by $4,755,338,000. The following table summarises, by currency, investment holdings for the nine months ended 31 December 1986 and corresponding period in 1985:

Currency 1986 1985
Canadian dollar 11,277 9,079
Deutschemark 59,592 41,172
Dutch Guilder 42,427 27,529
French franc ... 211
Japanese yen 1,473,506 590,193
Pound sterling 107,431 91,545
Swiss franc 5,923 4,663
United States dollar 4,174,449 376,940
Total Overseas 5,874,605 1,141,332
New Zealand dollar 5,770 5,913
Total Investments
held $5,880,375 $1,147,245


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✨ LLM interpretation of page content

💰 Taxation Receipts for National Roads Fund

💰 Finance & Revenue
Taxation, Motor spirits duty, Road user charges, Mileage tax, Sales tax, National Roads Fund

💰 Other Receipts for National Roads Fund

💰 Finance & Revenue
Miscellaneous receipts, Land and property receipts, National Roads Fund

💰 Expenditure for National Roads Fund

💰 Finance & Revenue
State highways construction, State highways maintenance, Local authorities subsidised works, Land and property purchases, Administration, General expenditure, National Roads Fund

💰 Suspense Account

💰 Finance & Revenue
Suspense Account, Receipts, Payments, Financial Management

💰 Investments for Public Account Balances

💰 Finance & Revenue
Investments, Public Account, Currency Holdings, Overseas Investments, New Zealand Investments