Appendix A (1)
REPORT ON THE FINANCE FOR THE YEAR 1930.
The Revenue for the year amounted to $27,818,473 and the Expenditure was $28,119,646. Expenditure therefore exceeded revenue by $301,173. The approved estimated revenue for the year was $22,712,920 while the revised figure was $24,066,000, an increase of $1,353,080. The actual revenue therefore exceeded the revised estimate by $3,752,473. The approved estimate of expenditure for the year was shown as $27,268,515 and the revised estimate amounted to $28,303,500. The actual expenditure was $188,854 short of the revised estimates.
The following statement shows the Revenue and Expenditure for each of the years of the last decade:-
Year. Revenue. Expenditure. Surplus. Deficit. 1921 $17,728,132 $15,739,652 $1,988,480 1922 $22,291,065 $18,563,003 $3,728,062 1923 $24,783,763 $21,571,905 $3,211,858 1924 $24,209,640 $26,726,423 $2,516,783 1925 $23,244,366 $28,266,818 $5,022,452 1926 $21,131,582 $23,524,716 $2,393,134 1927 $21,844,586 $20,845,065 $999,521 1928 $24,968,399 $21,230,242 $3,738,157 1929 $23,554,475 $21,983,257 $1,571,218 1930 $27,818,473 $28,119,646 $301,173REVENUE.
The largest individual item of revenue is derived from the assessment tax, the sum of $4,208,277 being collected in 1930. This represents 15.1% of the total revenue or 16.8% of the revenue exclusive of land sales. Stamp duties (including estate duties) follow with $2,910,508.
Appendix A (1)
REPORT ON THE FINANCE FOR THE YEAR 1930.
The Revenue for the year amounted to $27,818,473 and the Expenditure was $28,119,646. Expenditure therefore exceeded revenue by $301,173. The approved estimated revenue for the year was $22,712,920 while the revised figure was $24,066,000, an increase of $1,353,080. The actual revenue therefore exceeded the revised estimate by $3,752,473. The approved estimate of expenditure for the year was shown as $27,268,515 and the revised estimate amounted to $28,303,500. The actual expenditure was $188,854 short of the revised estimates.
The following statement shows the Revenue and Expenditure for each of the years of the last decade:-
Year.
Revenue.
Expendi-
ture,
Surplus.
Deficit.
€A
$
$
1921......
17,728,132 15,739,652 1,988,480
1922...... 22,291,065 18,563,003 3,728,062
1923...... 24,783,763 21,571,905 3,211,858
1924...... 24,209,640 26,726,423
2,516,788
1925...... 23,244,366 28.266,818
5,022,452
2,393,13-1
499,471
1926...... 21,131,582 23,524,716
1927...... 21,844,586 20,845,065
1928...... 24,968,399 21,230,242 3,738,157
1929...... 23,554,475 21,983,257 1,571,218
1930...... 27,818,478 28,119,646
REVENUE.
301.173
The largest individual item of revenue is derived from the assessment tax, the sum of $4,208,277 being collected in 1930. This represents 15.1% of the total revenue or 16.8% of the revenue exclusive of land sales. Stamp duties (including estate duties) follow with $2,910,508.
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