AnnualReport-1931 — Page 47

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Appendix A (1)

REPORT ON THE FINANCE FOR THE YEAR 1931.

The Revenue for the year amounted to $33,146,724 and the Expenditure was $31,160,774. Revenue therefore exceeded Expenditure by $1,985,950. The approved estimated revenue for the year was $27,488,759 while the revised figure was $31,204,368, an increase of $3,715,609. The actual revenue therefore exceeded the revised estimate by $1,942,356 of which $877,000 was due to Land Sales and $480,000 to the increased scale of Liquor and Tobacco Duties imposed in September. The approved estimate of expenditure for the year was shown as $29,787,855 and the revised estimate amounted to $31,152,500 or $8,274 below the actual expenditure.

2. The following statement shows the Revenue and Expenditure for each of the years of the last decade:-

Year. Revenue. Expenditure. Surplus. Deficit. 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... $21,344,536 $20,845,065 $499,471 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 $301,168 1931... $33,146,724 $31,160,774 $1,985,950

REVENUE.

3. The largest individual item of revenue is derived from the assessment tax, the sum of $5,814,017 being collected in 1931. This represents 17.5% of the total revenue or 19.4% of the revenue exclusive of land sales. Stamp duties (including estate duties) follow with $3,679,088,

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Appendix A (1) REPORT ON THE FINANCE FOR THE YEAR 1931. The Revenue for the year amounted to $33,146,724 and the Expenditure was $31,160,774. Revenue therefore exceeded Expenditure by $1,985,950. The approved estimated revenue for the year was $27,488,759 while the revised figure was $31,204,368, an increase of $3,715,609. The actual revenue therefore exceeded the revised estimate by $1,942,356 of which $877,000 was due to Land Sales and $480,000 to the increased scale of Liquor and Tobacco Duties imposed in September. The approved estimate of expenditure for the year was shown as $29,787,855 and the revised estimate amounted to $31,152,500 or $8,274 below the actual expenditure. 2. The following statement shows the Revenue and Expenditure for each of the years of the last decade:- Year. Revenue. Expenditure. Surplus. Deficit. 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... $21,344,536 $20,845,065 $499,471 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 $301,168 1931... $33,146,724 $31,160,774 $1,985,950 REVENUE. 3. The largest individual item of revenue is derived from the assessment tax, the sum of $5,814,017 being collected in 1931. This represents 17.5% of the total revenue or 19.4% of the revenue exclusive of land sales. Stamp duties (including estate duties) follow with $3,679,088,
Baseline (Original)
Appendix A (1) REPORT ON THE FINANCE FOR THE YEAR 1931. The Revenue for the year amounted to $33,146,724 and he Expenditure was $31,160,774. Revenue therefore exceeded Expenditure by $1,985,950. The approved estimated revenue for the year was $27,488,759 while the revised figure was $31,204,368, an increase of $3,715,609. The actual revenue therefore exceeded the revised estimate by $1,942,356 of which $877,000 was due to Land Sales and $480,000 to the increased scale of Liquor and Tobacco Duties imposed in September. The approved estimate of expenditure for the year was shown as $29,787,855 and the revised estimate amounted to $31,152,500 or $8,274 below the actual expenditure. 2. The following statement shows the Revenue and Ex- penditure for each of the years of the last decade:- Year. Revenue. Expendi- ture. Surplus. Deficit. $ 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 1926...... 21,131,582 23,524,71€ 1927...... 21,344,536 20,845,065 1928...... 24,968,399 21,230,242 3,738,157 1929..... 23,554,475 21,983,257 1,571,218 2,393,134 499,471 1930...... 27,818,478 28,119,646 301,173 1931...... 33,146,724 31,160,774 1,985,950 REVENUE. 3. The largest individual item of revenue is derived from the assessment tax, the sum of $5,814,017 being collected in 1931. This represents 17.5% of the total revenue or 19.4% of the revenue exclusive of land sales. Stamp duties (including estate duties) follow with $3,679,088,
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Appendix A (1)

REPORT ON THE FINANCE FOR THE YEAR 1931.

The Revenue for the year amounted to $33,146,724 and he Expenditure was $31,160,774. Revenue therefore exceeded Expenditure by $1,985,950. The approved estimated revenue for the year was $27,488,759 while the revised figure was $31,204,368, an increase of $3,715,609. The actual revenue therefore exceeded the revised estimate by $1,942,356 of which $877,000 was due to Land Sales and $480,000 to the increased scale of Liquor and Tobacco Duties imposed in September. The approved estimate of expenditure for the year was shown as $29,787,855 and the revised estimate amounted to $31,152,500 or $8,274 below the actual expenditure.

2. The following statement shows the Revenue and Ex- penditure for each of the years of the last decade:-

Year.

Revenue.

Expendi-

ture.

Surplus.

Deficit.

$

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

1926...... 21,131,582 23,524,71€

1927...... 21,344,536 20,845,065

1928...... 24,968,399 21,230,242 3,738,157

1929..... 23,554,475 21,983,257 1,571,218

2,393,134

499,471

1930...... 27,818,478 28,119,646

301,173

1931...... 33,146,724 31,160,774 1,985,950

REVENUE.

3. The largest individual item of revenue is derived from the assessment tax, the sum of $5,814,017 being collected in 1931. This represents 17.5% of the total revenue or 19.4% of the revenue exclusive of land sales. Stamp duties (including estate duties) follow with $3,679,088,

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