CO129-098 - Sir Robinson - 1864 [4-5] — Page 6

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4

must also be kept available: and there must, at all times,

be a certain amount of outstanding, and

Revenue advances to be recovered. The Auditor General

estimates that if ever the assets exceeded the liabilities by less than £20,000, although the Colony might be quite solvent, it would

be unable to meet its engagements in ready money. The available balance on the 1st January last

cannot therefore, in my opinion, at the very outside, be estimated at more than £73,000.

5.

The Revenue for the current financial year is estimated at £121,791,

See A+B of Estimates 1864, and a sum of £129,248 has been voted to meet the expenses of the year. On the basis of these figures, I estimate that the result at the close of the current year will stand somewhat as follows:-

Available balance 1st January 1864 £73,000 Revenue for 1864 £121,791

Total £194,791

Expenditure for 1864 £129,248

Available balance 1st January 1865 £65,543.

6.

In the Expenditure for the current year, as estimated above, no provision whatever has been made for the Mint. The home

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4 must also be kept available: and there must, at all times, be a certain amount of outstanding, and Revenue advances to be recovered. The Auditor General estimates that if ever the assets exceeded the liabilities by less than £20,000, although the Colony might be quite solvent, it would be unable to meet its engagements in ready money. The available balance on the 1st January last cannot therefore, in my opinion, at the very outside, be estimated at more than £73,000. 5. The Revenue for the current financial year is estimated at £121,791, See A+B of Estimates 1864, and a sum of £129,248 has been voted to meet the expenses of the year. On the basis of these figures, I estimate that the result at the close of the current year will stand somewhat as follows:- Available balance 1st January 1864 £73,000 Revenue for 1864 £121,791 Total £194,791 Expenditure for 1864 £129,248 Available balance 1st January 1865 £65,543. 6. In the Expenditure for the current year, as estimated above, no provision whatever has been made for the Mint. The home
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4 must also be kept available: and there must, at all times, be a certain amount of outstanding, and Reverme advances to be of ad recovered. The Auditor General estimates that if ever the assets execed the liabilities by less than £20,000, although the Colony might be quite solvent, it would be unable to meet its engagement. in ready money. The available balance on the jet January last cannot therefore, in my opinion, at the very outride, be estimated at more thank 73,000.. 5. The Ravenne for the Current Su scheduler year is extirnated at £ 121,791, See A+B of Estimates 1864 retinated for and a sum of £129,248 has been voted to meet the expenses of the year . Of these figures be brine 斥 out the result at the close of the current year will stand somewhat as follows:- of Available balance 1th January 1864 £€ 73,000 Revenue for 1864 6. Total Expenditure for 1864 है # # 121,791 194,791 129,248 Available balance 106 January 1865. £ 65,548. In the Expenditure for current year, the as estimated above, no provision whatever has been made for the Mint. The home
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4

must also be kept available: and there must, at all times,

be a certain amount of outstanding, and

Reverme

advances to be

of ad

recovered. The Auditor General

estimates that

if

ever the assets

execed the liabilities by less than £20,000, although the Colony might be quite solvent, it would

be unable to meet its

engagement. in ready money. The available balance on the jet January last

cannot therefore, in my opinion,

at

the

very

outride, be estimated

at more

thank 73,000..

5.

The Ravenne

for

the

Current

Su scheduler year is extirnated at £ 121,791,

See

A+B of

Estimates 1864

retinated for and a sum of £129,248 has been

voted to meet

the

expenses of

the

year . Of these figures be brine

斥

out the result at the close of the

current year will stand somewhat as follows:-

of

Available balance 1th January 1864 £€ 73,000 Revenue for 1864

6.

Total

Expenditure for 1864

है

#

# 121,791

194,791

129,248

Available balance 106 January 1865. £ 65,548.

In the Expenditure for

current year,

the

as estimated above,

no provision whatever has been made for the Mint. The home

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