✨ Financial Reports and Provincial Expenditure
66
of the Province of Wellington, for five years from the first of April, 1869, to the 31st of March, 1874:—
| Financial Year | Estimated Revenue | Actual Revenue | Excess | Deficit |
|---|---|---|---|---|
| £ s. d. | £ s. d. | £ s. d. | £ s. d. | |
| 1869-70 | 59,700 0 0 | 35,969 14 11 | ... | 23,730 5 1 |
| 1870-71 | 43,418 0 0 | 23,152 2 8 | ... | 19,265 17 4 |
| 1871-72 | 29,750 0 0 | 41,449 8 9 | 11,699 8 9 | ... |
| 1872-73 | 50,500 0 0 | 64,889 3 8 | 14,389 3 8 | ... |
| 1873-74 | 63,700 0 0 | 82,786 8 0 | 19,086 8 0 | ... |
But these increments were not the result of mere chance or windfalls. In addition to the care bestowed in looking after receipts of revenue, and in effecting sales of land, the aid of direct taxation was brought to bear; as the following comparative statement of amounts received from direct taxation in the Province of Wellington for the financial years beginning the 1st of April, 1869, and ending 31st of March, 1874, will show, viz:
| Financial Year | Direct Taxation Revenue |
|---|---|
| £ s. d. | |
| 1869-70 | 23,085 14 8 |
| 1870-71 | 2,847 6 5 |
| 1871-72 | 4,278 10 7 |
| 1872-73 | 20,994 0 2 |
| 1873-74 | 27,291 17 2 |
I may explain that the excess of revenue for the years 1872-73 and 1873-4, to which I have referred above, is exclusive of the sums of £15,169 10s. 9d., and £19,426 1s. 3d., which were disbursed by the Education Board and District Highway Boards respectively, out of the sums of £20,994 0s. 2d., and £27,291 17s. 2d., which I have just named.
Moreover, the increased means thus placed at the disposal of the Provincial Government were not expended merely in departmental expenses. During the period under consideration, viz., from the 1st April, 1871, to the 31st of March, 1874, the following public works and undertakings have been completed in the Province of Wellington for the amounts severally annexed, viz.:—
Survey of 230,164 acres, completed, so that Crown Grants could issue, independently of a large amount of land resurveyed, and other surveys in progress ... £30,356 19 4
Roads, Bridges, &c. ... £58,821 6 9
Public Buildings ... £20,885 19 1
Engineering Supervision and Contingencies for Public Works ... £14,097 12 11
Making a total of ... £124,161 18 1
Now, if what I have stated of the financial management for the whole period of my administration and of the financial position of the Province, as it is to-day, be correct;
Next Page →
Wellington Provincial Gazette 1874, No 12A
✨ LLM interpretation of page content
🏘️
Provincial Reports and Financial Statement
(continued from previous page)
🏘️ Provincial & Local GovernmentFinancial Reports, Revenue, Expenditure, Direct Taxation, Public Works, Survey, Roads and Bridges, Public Buildings, Engineering Supervision, Wellington Province