32
33
495
probable total for 1892. The item Assessed taxes (including
water rate) is one
of
our
sources of revenue.
revenue that
fluotuate with the general "condition of the Colony, and on a return of prosperity it
will shew a marked
improvement.
12.
In the absence of
any unforseen contingeney
I have
no reason
to doubt
that the estimate of revenue for 1893, #1,873,596, will be -
realised.
realized. It is a moderate-
estimate, and it is not
ble that it may improbable that.
be
slightly exceeded, but in the present depressed condition of
affairs in the Colony
t it best to be
thought it
safe side. I have.
I have
every
on
the
confidence also that the_ ordinary expenditure will be covered by the estimate of $1,872,401, unless the coming year should bring with it further fall in the value
a
of
:
E
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