Theexpenditureofthecurrentyearbeingestimatedat52，000Pounds，andtherevenueat170，000Pounds，theresultingsurpluswillbe118，000
pounds。AnexaminationoftheaccountsofCyprus，forthefiveyearsprecedingtheBritishoccupation，enablesmetoaffirmthattheaveragesurplusofrevenueoverexpenditureinthatperiodwaslessthan100，000
Poundsperannum。ThefutureyearlycontributiontotheOttomanGovernmentfromthesurplusrevenuesofCyprus，undertheConventionofthe4thJune，1878，willnot，therefore，exceed，andmayfallshortof，thesumof100，000Pounds。NearlyonehalfofthisclaimforthecurrentyearwastakenbytheTurksfromsurplusrevenuebeforeourarrival。Weshalleasilymakeupthebalancefromtherevenuenowincourseofcollection。And，underordinaryconditions，thecurrentrevenuewillnotonlycovertheannualpaymenttothePorteandtheexpensesofadministration，butalsoprovideafairoutlayforroadsandsanitaryimprovements。
Signed
GEO。W。KELLNER，FinancialCommissionerofCyprus。