6
will therefore be entirely absorbed
in the completion of
the undertakings
at present sanctioned by your
Grace and in progress.
8.
The
revenue
from every
for next year,
source, except premium
on land sales, cannot safely be estimated at more than £115,000.
& amounted, last
year,
exclusive
of premiums to £118,726, in 1862
to
the
£101,801, and in 1861 to £90,866.- The ordinary fixed expenditure of Colony, exclusive
7
public works, amounts at
{
maintenance in repair of
the
existing works, Buildings, Road- &c. without the commencement
of
a new
undertaking of any
description, would cost £20,000 a year.
This would make a total ordinary
expenditure of £105,000 against
of
revenue
£115,000 leaving
a Margin of only £ 10,000 to meet all contingencies.-
9.
In the estimated revenue
of
£115,000 no Account is taken
of probable premiums
on land
sales, because
on
the other side
of the account, new public works
and all outlay
on
the present
See Schedule B Estimates for 1864.
7
are excluded
from
to over £85,000. The Surveyor
General informs
me
that the