Publisher's Synopsis
Excerpt from The Finances of British Columbia
Income tax is placed at an increase of The revenue tax is estimated at Last year the estimate was which was on the basis of $5 per head, but this was not put into force, as the 83 rate was only collected, therefore this sum will not be reached; probable shortage under this estimate of Mineral tax is estimated at last year the estimate was which was below the mark, as it is anticipated that the collections during the present fiscal year will reach My expectations in this particular are based on the largely increased output, particularly at Rossland and in the Boundary country, and generally on the expansion of the mining industry now going on. The item of for registry fees is based on present collections; last year it was The receipts from the Hospital for the Insane at New Westminster are estimated at and in this connection I wish to refer to the results achieved by the new management, by which expenditures have been reduced five per cent., notwithstanding the increase of patients. Printing ofiice receipts the same as last year, In the matter of revenue under the Chinese Restriction Act, I have placed in the Estimates. Last year, of the estimated, only was realised. The estimate of last year was based on an anticipated increase of the refund from the Dominion Government, which there was every reason to believe would be made. How ever, although there is good reason to believe that in the settlement of matters in dispute between the Province and the Dominion, the Province will receive a large sum in settlement of its claims for increased refund, I have based my estimate on what is probable under the present arrangement, which I may say is not at all satisfactory. Under the new proposed arrange ment the Government of British Columbia is to get 50 per cent. Of the revenue and assume control of the Lazaretto.
As I have intimated, we expected 75 per cent. Of this head tax instead of 25 per cent., so that the figures should be as follows.
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