CO129-313 - Governor Sir Blake - 1902 [10-12] — Page 135

!

expenditure at

this

It account

will be less, rather than greater than the expenditure

LAM

Z

The Estimates

allow for a deficit of

12:306 c

$712

the year's

working. Agamist this,

be set the

Marever, may

surplus remaining at the end of 1902. That suples

is estimated, in enclosure

to the Estimates despatch on the f at $149,319. In the

dest itself you draw my attention to the fact that this balance is likely to peexceded, by betiven

50,000

100,000

"due factly to the fact that some of the

Mud aseg

• taken to increase taxation

will come into operation before

the end of the year."

let of the

Finally, in your

1st wist, you state that

this estimated balance will be

further increased by 132

$220,000, which is exflamid

in

You desf.

No. 484 of the 6th Now. lo be due to an unexpectedly high frice for rented and foreshor at reabrid at a land sale. The net result of these figures is that the Colony will probably, at ствијим the end of the current

be in a

year, draw

on

a

fosition to balance of

from $420,000

47%, 000.

regards

reveriese

8. Then

to

as

the estimate of fa 1903.

the

estimate laid before the Legislative Council, which puts the total at $4,933, 295 waken no fusion for

excludes the increased

revenue which is exfectirl to result from the five

Ordinances, Nos. 34 to 38