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Encl.3 page 12

unofficial members that, with the exception of Mr. Braga who criticised the conditions of service of the officials, the budget was well

received.

The trend of revenue and expenditure through the last few years is apparent from the following figures:-

Revenue

Year

Ordinary

Land Sales

Total

1931

29,968,916'

724✓

3,177,808

33,146,7€

1932

32,179,058

1,370,658

33,549,716 ́

1933

31,126,417

972,861

32,099,278

1934 App Ests.

30,531,625

1,200,000

31,731,625

1934 Rev Ests.

29,080,634′

590,000

29,670,634

1935 (Est)

29,985,650

600,000

30,585,650

Expenditure

ma

Exdin chinary

1931

28,785,842

2,374,932 31,160,774

1932

29,082,424

2,967,860

32,050,284

1933

27,830,266′

3,292,449

31,122,715

1934 App Ests. 29,750,745

1934 Rev Ests. 27,093,000

3,691,950

33,442,695

3,800,000 30,893,000

1935 (Est)

28,976,652

3,579,450 32,556,102

The fluctuations in the surplus balance position

have been as follows:-

Year

Surplus

Deficit

Surplus of Assets at end of year.

1931

1,985,950

1932

1,499,433

11,347,629

12,847,062

1933

976,563

13,823,625

1934(Est)

1935(Est)

1,222,366 12,601,259 1,970,452′′ 10,630,807

In

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