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Summary of the June-July Financial Month 😉

So the june-july financial month is over. Here's a summary of what Australia's finances were like over the month:

Income:

Taxes: $34,764 AUD & 49.57 gold
AUD Trading: 961.52 gold
Misc. Income: 94.79 gold
Print conversion: 60,000

Expenses:

Centrelink: 15,000 AUD
DoD Companies: 10,000 AUD
DoD Boot Camp: 1,000AUD
DoCS food plan: 2,000 AUD
DoD emergency Funds: 5,000 AUD
DoD weapons stockpile: 6,400 AUD
Wargames: 73.65 gold
AUD print: 300 gold
MM Trading: 40,063.33AUD
New Citizen fees: 5,305 AUD
Repay old debts: 40 gold
Tas RW: 56.25g
Tas Companies: 40g
DoFA creation: 7g

Reserve funds: 17,000 AUD (unspent)

Profits/Losses:
AU😨 -$3,817.61
Gol😛 539.41

Explaination:

We had a massive boom in new citizens for eAus! A mammoth 1061 people signed up for Australia during the june-july period. This can put a heavy strain on an economy and i'm glad to say thanks to safe economic management and the rejection of a bid early in the term to increase the new citizen fee, Australia managed to prosper greater than ever!

Before i get into nitty gritty details, i'll just say Australia made a whopping 539.41 gold this term!!! A great feat for such a 'small nation'. The $3,800 AUD loss was due to a large increase in demand for the aussie dollar on the Money markets, however this helped contribute to the larger gold profits.

So economic milestones for this term. Australia continued it's era of prosperity partially via continued support of the PEACE wargames in which many of our citizens fight many times per week and help maintain their high wellness. We successfully repaid all of our old debts, so the country is now debt free!! We also funded the successful resistance war that has seen Tasmania return to it's rightful owner, the people of Australia as well as the buyout of the last remaining company in tasmania that allowed Australia to fulfill it's obligations under the AIRRA contract!! We have set aside funds to help with the payment of the South Australian Resistance War that should occur in the first half on the new term.

Fuelled by a modest 300gold print the eAus budget financed the continued support of centrelink companies, namely the NMRC Q5 hospital building company which saw the creation of the first Q5 hospital in Victoria and is already 1/3 of the way to the next Q5 hospital. The print also helped to fund the DoD companies which make the weapons that have been used by the military in the wargames as well as the establishment of a weapons stockpile for 'national emergencies'. We also saw the creation of the national contingency fund in case of a large scale threat to Australia or her future allies as well as the trial run of the "Military Boot Camp School".

The creation of a food program to help increase the activity of newer players was the first new initiative funded by the government for the recently created Department of Cultured Services. The Department of Foreign Affairs also received funds to create an organisation and paper to publish from.

Finally all department budgets were paid up-front in advance rather than the traditional in 'arrears' (or as needed). This allowed the departments much more freedom in getting approved projects off the ground faster. We also saw the creation of a Departmental Contingency fund holding $17,000AUD for those departments that run over budget and need urgent funding. I'm proud to also tell you that NONE of the departments ran over budget and as such the contingency fund remains complete and untouched for the next term.

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NEW BENCHMARKS!!
1 AUD = 0.025 gold
1 gold = 40 AUD

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We as the finance team would like to thank the other departments for their excellent work early in the term getting their budgets to us so quickly (we were quite demanding!!). Thank you for the opportunity of being your Finance team, we hope we did you all proud!! 😃

Srg91 & Son of Rambo
Treasurer and Deputy


[EDIT]Apologies about this. This article vanished when I was publishing July's Budget Report up. Reposted.