Revenue and Expenditure.

25. The revenue of Victoria in the financial year ended with the 30th June, 1879, was £4,621,520, and the expenditure was £4,833,379; the former was the largest amount ever raised in any year except 1877, and the latter was the largest amount ever spent in any year. The revenue per head was £5 5s. 3d., and the expenditure per head was £5 10s. 0¾d.; the amount raised by taxation was £1,730,088, or 37 per cent, of the whole revenue. The Customs revenue amounted to £1,378,384, the land revenue to £969,235, and the railway revenue to £1,222,241. These sums are included in the figures of revenue given above, but a sum of £1,402,214 spent during the year, resulting from the proceeds of loans, is not included in the amounts represented by the figures.