Appendix A (1).

REPORT ON THE FINANCES FOR THE YEAR 1922.

REVENUE.

The total revenue for the year amounted to $22,291,065 being $5,014,805 more than the estimate and $4,562,933 more than the revenue in 1921. Compared with that year there were increases under all the heads except Rent of Government Property.

2. The principal sub-heads showing excess over the estimate are as follows:-

(a) Assessed Taxes, ...

(b) Hawkers' Licences (e) Liquor Duties, 99,572 95,381 127,399

(Opium Monopoly, 2,051,305

(e) Stamps,... 465,675

(f) Tobacco Duties, 360,177

(g) Water Excess Supply and Meter Rents, 83,526

(h) Postage,... 85,654

(i) Railway, $1,296

(j) Interest, 139,291 1,087,804

(k) Land Sales, ...

The increases are due (a) to new buildings, (b) revision of licence fees, (e) increase of duty, (d) increased sale. (e) probate duty, (f) increase of duty, (g) scale of fees increased, increase of business, (h) more traffic during the seamen's strike, (i) more lands being disposed of.

3. The principal deficits compared with the Estimates were :-

(a) Analyses (b) Medical Examination of Emigrants,

EXPENDITURE.

$ 8,452 27,526

4. The total expenditure brought to account amounted to $18,563,003 being $1,635,977 less than the estimate, and $2,823,351 more than the expenditure in 1921.

Compared with the estimates there were savings under fourteen heads.

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