REVENUE AND EXPENDITURE.
607
Revenue and Expenditure.
The revenue of the colony is derived mainly from import duties, which produced, on the average of the last five years, rather more than a quarter of a million sterling per annum. Comparatively little is derived from rent or sales of public lands, although enormous dis- tricts are waiting to be cultivated, and the price of agricultural produce is very high. A large portion of the expenditure is for police, gaols, and convicts. The actual income and expenditure of the colony during the ten years, from 1859 to 18G8, were as follows: —
Years
Revenue
Expenditure
£
£
1859
472,441
611,036
1860
508,211
657,505
1861
572,417
682,731
1862
504,703
632,288
1863
468,625
649,881
1864
519,390
600,411
1865
519,045
651,515
1866
536,347
540,384
1867
609,476
670,571
1868
565,556
656,172
The revenue of 1868 was obtained from the followin
Customs : —
Import duties . Land sales . Land revenue Rent, exclusive of land Transfer duties . Auction ,, Succession „ Tax .
Sources of Revenue
Stamps and stamped licenses
Banknotes duty .
Postage
Fines, forfeitures, and fees of court
Fees of office
Sale of Government property
Reimbursements in aid of expenses
vernment .... Interest and premiums Special receipts .... Miscellaneous receipts
incurred by Go
Total :
g sources :
Amount &
283,024
36,369
49,382
153
40,804
11,636
3,433
39
60,112
4,029
28,430
12,480
4,298
458
22,403
5,778
2,407
321
565,556
