REVENUE AND EXPENDITURE.
217
Quarters ended
'
Sources of Revenue
Dec. 31, 1869
March 31, 1870
June 30, 1870
Sept. 30, 1870
£
£
£
£
Customs
5,740,000
4,941,000
5,033,000
4,828,000
Excise
5,452,000
7,014,000
5,266,000
4,559,000
Stamps
2,158,000
2,425,000
2,262,000
2,120,000
Taxes
595,000
2,157.000
699,000
93,000
Property-tax
643,000
5,784,000
890,000
448,000
' Post Office
1,180,000
1,170,000
1,170,000
1,110.000
Telegraph Service
—
100,000
140,000
100,000
Crown Lands
113.000
114,000
75,000
75,000
Miscellaneous Totals .
650,702
1,123,766
773,594
869,413
16,531,702-
24,828,766
16,308,594
14,21)2,413
Year ended »
5ept. 30, 1870
Sources of Revenue
Year ended Sept. 30, 1870
Tear ended Sept. 30, 18G9
Increase
Decrease
£
£
£
£
Customs
20.542,000
22.331,000
—
1,789,000
Excise
22,291.01)11
20,718,000
1,573,000
—
Stamps
8,965,000
9,427,000
—
462,000
Taxes
3.544,000
3,466,000
78,000
—
Property-tax
7,765,000
8,906,000
—
1,141,000
Post Office
4,630,000
4,670,000
—
40,000
Telegraph Service
340,000
—
340.000
—
Crown Lands
377.000
362,000
15,000
Miscellaneous . Totals .
3,417,475
3,382,767
34,708
—
71,871,475
73,262,767
2,040,708
3,432,000
Net decrease
—
—
—
1,391,292
The budget estimate? for the financial year 1870-71 — laid by the Chancellor of the Exchequer before the House of Commons on April 11, 1870 — were as follows: —
Estimated Expenditure, 1870-71.
Estimated Revenue, 1870-71. £ Customs . . . 21,650,000
Excise . Stamps . Income-tax . Assessed taxes Post-office Telegraphs Crown lands . Miscellaneous
Total Revenue
21,640,000 8.700,000 7,600,000 2,850,000 4,900.000 675,000 385.000 3,050.000
71.450,000
Interest and management £
of Debt . . . 26,650,000
Consolidated Fund Charges 1.820. noil
Army
Navy
Civil Service .
Collection of Revenue
Packet Sennce
Telegraph Service .
12,975,000 9.251.000 9,990,000 4.960.000 1.107.000 360,000
67,113,000
Total Expenditure
According to these estimates, there was a calculated surplus in the financial year ending March 31, 1871, of 4.oo7,000/., to which
