9. The trend of revenue and expenditure

through the last few years is apparent from the

following figures:-

9

Revenue.

Year.

Ordinary.

Land Sales

Total.

1933

31,126,417

1934

1935

29,015,813 28,185,593

972,861 558,473

32,099,278 29,544,286 7.

244,957

28,430,550

1936 App.Est. 26,369,845 1936 Rev.Est. 28,215,970 1937 Est.

28,554,250

302,000 26,671,845 200,000 28,415,970 206,000 28,760,250

Expenditure.

Year.

1933

Ordinary.

27,830,266

Extraordinary

Total.

1934

27,384,991

1935

25,030,568 1936.App.Est. 26,390,588 1936 Rev.Est. 26,460,000 1937 Est.

3,292,449 31,122,715 3,784,166 31,149,157 3,261,068 28,291,636

3,207,560 29,598,148 2,960,000 29,420,000 1,642,030 32,259,160

30,617,130

The fluctuations in the surplus balance

position have been as follows:-

Year.

Surplus.

Deficit.

Surplus of Assets at end of the year.

1953

976,563

13,823,625

1934

1,574,871

12,248,754

1935

138,915

12,387,669

1936 Rev.ust. 1937 Est.

1,004,030 3,498,910

11,383,639

7,884,729

As already mentioned it is estimated that

the surplus balance will fall below the desired

nominal figure. The position is summarised in

paragraph 4 of these minutes.

Revenue.

Of the 10 Heads of Revenue, six reflect

increases as compared with the revised Estimates for

1936, and four decreases. The most noteworthy

increase

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