Budget

Side by side with the budget of each state of the Dual Monarchy, there is a common budget, which comprises the expenditure necessary for the common affairs, namely for the conduct of foreign affairs, for the army, and for the ministry of finance. The revenues of the joint budget consist of the revenues of the joint ministries, the net proceeds of the customs, and the quota, or the proportional contributions of the two states. This quota is fixed for a period of years, and generally coincides with the duration of the customs and commercial treaty. Until 1897 Austria contributed 70%, and Hungary 30% of the joint expenditure, remaining after-deduction of the common revenue. It was then decided that from 1897 to July 1907 the quota should be 66-46/49 for Austria, and 33-2/49 for Hungary. In 1907 Hungary's contribution was raised to 36.4%. Of the total charges 2% is first of all debited to Hungary on account of the incorporation with this state of the former military frontier.

The Budget estimates for the common administration were as follows in 1905: -

Revenue -

Ministry of Foreign Affairs

£21,167

Ministry of War

305,907

Ministry of Finance

4,870

Board of Control

18

The Customs

4,780,000

Proportional contributions

15,650,448

- - - - -

Total

£20,762,410

- - - - -

Expenditure -

Ministry of Foreign Affairs

£485,480

Ministry of War: -

Army

12,679,160

Navy

2,306,100

Ministry of Finance

177,000

Board of Control

13,250

Extraordinary Military Expenditure

4,785,500

Extraordinary Military Expenditure in Bosnia

315,920

- - - - -

Total

£20,762,410

- - - - -

The following table gives in thousands sterling the joint budget for the years 1875-1905: -

Expenditure.

1875.

1885.

1895.

1900.

1905.

Ministry of Foreign Affairs

396

368.7

333

433.4

493.8

Ministry of War (Army and Navy)

9005.4

10,085

12,539

13,887.5

18,087.7

Ministry of Finance

154.2

167.2

170.4

175

177.1

Supreme Court of Accounts

10.5

10.6

10.7

12.5

13.3

Total

9566.1

10,631.5

13,053.1

14,508.4

20,430.3

Revenue.

For the above Departments

432

258.2

260.7

260.3

331.9

Customs

997.4

402.2

4476

5202.3

4799.7

Proportional Contributions

8136.7

9971.1

8316.4

9045.8

15,650.4

Total

9566.1

10,631.5

13,053.1

14,508.4

20,430.3