Page:Statesman's Year-Book 1921.djvu/481

 FINANCE

429

The number of income-tax payers in 1918-19 was 43,280, and of land tax payers 53,484. The postal and telegraph receipts in 1919-20 were 2,09o

Receipts, 1919-20, from rents of pastoral runs, fcc, 331,597/.

The following expenditure table is exclusive of sums i>aid to the Public Works Fund : —

Year ended Much 31

1914

1916 1917 191h 1919 1920

Public

Debt

OkhgH

£ t,Mr,M0

3,190,798

4,430,779

Railways Education

£

1.004,10

M64.008

1,891,977

Mot.om

3,415,595

MttiW

Poet and Constabulary «_5jjL- Telegraph and Defence (in $££f

£ 1,206,678 1,441,398 1,525.106

1,737,036

2,190,6*7

1,308,490 1,487,145

£ 700,6041

ru.on i

761,328

835,014

£ ll,00M*4

14,058,770

18.678,59V 23,781,524

1 Not including special war expenditure.

Estimates 1920-21 : Revenue, 27,712,7007. ; expenditure, 28.953.399Z.

The total expenditure out of the Public Works Fund from 1870 to March 31, 1920, was 71,584,047/., including charges and expenses for raising loans.

The average taxation per head of the population, excluding Maoris, in 1919-20 was 14/. 2*. 9d.

The public debt at March 31, 1920, was : debentures and stock, 201,170,755/. ; of which war expenditure (1914-19) represented 80,089,025/. Much of the total debt represents reproductive expenditure.

Local Finance.

The following table shows receipts and expenditure of the loca. governing bodies : —

Receipts

Outstanding

Tear ended

Expenditure

Loan* (Gross)

March 31

From Rate*

Prom other Sources

(not Government loans)

£

£

£

£

1914

2,005,638

5,130,687

6,796,314

18,923,482

1916

2,355,155

5,436,920

6,920,736

20,754,168

1917

2,534,539

4,655,364

-.593

21,428,117

1918

2,674,541

4,533,796

7,103,073

22,260,537

1919

2,939,606

4,394,851

7,320,277

22,673,712

The following figures for 1909 and 1919 deal with the land:

Total

Increase, 1909 to 1919.

1909

1019

Amount

Rate ix

£

£

£

cent.

Unimproved valne.

. 172,759,948

275,988,409

103.22S.461

Tains of improvements.

98,756,074

169,o,

71 -63

271,516,022 445,533,445 174,017,423 64-09