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D.—l

Summary.

Of the net expenditure of £10,599,566 previously mentioned, £5,750,175 may be regarded as having been expended from loan-moneys (£3,912,806 General Purposes Account, £1,580,300 Electric Supply Account, and £257,069 Main Highways Account), the balance —i.e., £4,849,391 —being expended from loan recoveries, war expenses, revenue, and taxation. The ratio which the various classes bear to the whole is shown below. It should be noted that the figures are gross —that is, before deducting recoveries, which, if deducted, would detract from the true portrayal of activities : — Roads, including construction and maintenance of main £ Per Cent. highways .. .. •• •• •• 2,787,920 = 13-67 Hydro-electric (construction and working-expenses) .. 2,305,081 = 11-31 Railway-construction, improvements and additions .. 811,015 =, 3-98 Public buildings, including schools .. ■■ •• '1,254,164 = 6-15 Small farms development .. .. •• 436,979 = 2-14 Lands-improvement .. .. .. •• 163,979 = 0-80 Irrigation .. .. .. •• •• ■■ 538,176 = 2-64 Public buildings, roads, &c. (maintenance) .. .. 379,392 = 1-86 Telegraph extension .. .. .. •• •• 434,320 = 2-13 Native-land settlement .. .. •• 862,260 = 4-23 Plant, material, and services for other Departments .. 5,286, 215 == 25-93 Linen-flax development .. .. .. •• 679,728 = 3-33 Miscellaneous .. .. •• 2,297,095 = 11-27 Revenue receipts .. .. •• •• ■■ 2,152,581 == 10-56 £20,388,905 ■=. 100-00 In regard to the ways and means of the General Purposes Account of the Public Works Fund the position is as under : — £ Balance available Ist April, 1941 .. .. .. .. •• 1,521,270 Add funds received during the year — £ Finance Act, 1939, section 2 (Public Works) 4,548,168 Finance Act 1940, section 3 .. .. 1,390,127 5,938,295 Less — £. Loans redeemed, 1941-42 .. 24,300 —- 5,913,995 Miscellaneous .. .. • ■ ■ ■ 164,014 —— 6,078,009 7,599,279 Deduct expenditure during 1941-42 under annual appropriations .. .. 3,915,313 Balance available 31st March, 1942 .. .. .. ~ £3,683,966 The estimated net expenditure for the Public Works Department under the Public Works Account for the current financial year is £1,110,000, and arrangements are being made with the Minister of Finance to provide the necessary funds. This is the amount shown on the Public Works departmental estimates, which also show an estimated net expenditure of £2,000,000 from the Electric Supply Account and £1,692,200 from the Main Highways Account, a total for all these accounts of £4,802,200.

Summary of Votes under Control of Minister of Public Works and Proposed Ways and Means of Raising the Necessary Funds —Year ending 31st March, 1943.

III

j Public Works Other Total Department. Departments. I , ■ £ £ £ Gross expenditure .. .. 15,164,060 3,072,264 18,236,324 Recoveries and receipts .. .. 8,364,883 1,424,456 9,789.339

■ ' I T Consolidated Special r r „ f „i Vote. Loans. Fund . Revenue. Total I £ £ £ £ Departmental .. .. •• •• 150,000 .. .. 150,000 Railway-construction .. .. 150,000 .. .. 150,000 Public Buildings .. • • 350,000 .. .. 350,000 Lighthouses and Harbour-works .. .. 20,000 .. .. 20,000 Roads 170,000 .. .. 170,000 Land-improvement .. .. •• 70,000 .. .. 70,000 Irrigation .. •< - •• 200,000 .. .. 200,000 Electric Supply .. •• •• 1,100,000 .. 900,000 2,000,000 Main Highways .. ..." .. •• 300,000 .. 1,392,200 1,692,200 Maintenance of Public Works and Services .. .. 500,000 .. 500,000 Totals .. •• •• 2,510,000 500,000 2,292,200 5,302,200

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