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FINANCE

41

Expenditure

Year ended

Afnrph ^^

Budget and

Actual Pay-

More ( + )

Supplementary

ments out of

or less (-)

Estimates

£ 101,551,685

the Exchequer

than Estimates

1895

£

100,931,963

£

- 619,722

1900

144,064,823

143,687,068

- 377,755

1905

152,776,994

151,768,875

-1,008,119

1910

163,171,000

157,944,611

-5,226,389

1911

174,129,000

171,995,667

-2.133,333

1912

181,839,000

178,545,100

-3,293,900

Year Ended March 31

1895 1900 1905

Surplus ( + ) or Deficit ( - )

£ + 765,341 -13,882,502 + 1,413,907

Year Ended March 31

1910 1911 1912

Surplus ( + ) or Deficit ( - )

1+ 5,606,7661 + 6,545,186

1 The Revenue Act, 1911, directed that the income and expenditure of the years 1909-10 and 1910-11 should be aggregated for the purpose of determining the Old Sinking Fund for 1910-11.

The revenue for 1911-12, exclusive of 95,876Z. customs duties collected for and due to the Isle of Man, but inclusive of the proceeds of duties the value of which is assigned under various Acts to local purposes, and the expenditure are given below, as are also the estimates of revenue and expenditure for 1912-13. Of the revenue for 1911-12, 83*7 per cent, was derived from taxation and 16*3 per cent, from other sources.

Sources of Revenue

i. Customs — Imports Tobacco . Tea Rum Brandy Other spirit.s Wine

Currants . Raisins Coffee Cocoa, Chocolate, &c Sugar, glucose, &c. Motor spirit Other articles

Year ending March 31, 1912

Net Receipts

I Budget

„ , i Estimate

Exchequer 1912-13 Receipts!

£

17,342,359

6,159,070

2,293,127

1,193,481

729,137

1,088,346

126,503

232,387

178,381

380,765

3,059,455

607,743

205,891

33, .596, 645 33,649,000 33,900,000

1 That is, revenue actually paid into the Exchequer between April], 1911, and March 31 1912.