430
Expenditure.
1903.
1904.
Increase,
Decrease.
$
C.
$ Ĉ.
$
$
Non-effective Charges,.. General Administration, Law and Order,
391,893.89
372,154.46
19,739.43
951,837.14
900,784.82
51,052.32
866,206.38
855,506.25
10,700.13
Public Health,
685,206.11
647,926.69
87,279.42
Public Instruction,
Public Works,
Defence,
132,619.74 155,189.34
22,569.60
1,369,532.14 2,129,900.58
760,368.44
999,374.08 | 1,314,773.16 | 315,399.08
Total,.
5,396,669.486,376,235.30 1,098,337.12
118,771.30
Deduct Decrease,
Nett Increase,
118,771.30
$979,565.82
The following shows the total revenue and expenditure for the five
Revenue, Expenditure,
Surplus,
Deficit,
1900.
1901.
1902.
years 1900-1904 :—
1903.
1904.
('.
$
(
(.
$
(.
4,202,587.40 | 4,213,893.22 4,901,073.70 |5,238,857.88 | 6,809,047.99 3,628,447.134,111,722.495,909,548.515,396,669.486,376,235.30
574,140.27 102;170.73
432,812.69
1,008,474.81 157,811.60
(b.)-ASSETS AND LIABILITIES.
At the end of the year 1904, the assets of the Colony amounted to $1,445,381.80, exclusive of arrears of revenue which with the sum just mentioned bring the total assets up to $1,651,470.98. The total liabilities were $1,147,658.97, so that the surplus of assets over liabilities amounted to $503,812.01.
(c.)-PUBLIC DEBT.
There is a public debt of £341,799 15s. Id, outstanding. The original debt was incurred in connection with the Praya Reclamation, the Central Market, and Water, Drainage and Sewerage Works.
Interest at 33 per cent. is payable on the loan, which is being paid off by a Sinking Fund now amounting to £34,375.7.6.