After Christmas, Franz became busy once more. There was always much to do at year's end: the government's annual review, plans for the coming year, the fiscal budget...
The people below handled the specific affairs, but Franz still had to keep a firm grip on the broad direction. As a qualified emperor, he had to ensure his control over the government.
Finance Minister Karl said, "Your Majesty, this is this year's fiscal revenue and expenditure report.
The New Holy Roman Empire's total fiscal revenue for 1875 was 86.52 million Divine Shields, with total expenditure of 87.64 million Divine Shields, resulting in a fiscal deficit of 1.12 million Divine Shields.
Austria's total fiscal revenue for 1875 was 157.41 million Divine Shields, with total expenditure of 155.04 million Divine Shields, resulting in a fiscal surplus of 2.37 million Divine Shields.
Bavaria's fiscal revenue for 1875 was 11.32 million Divine Shields. Expenditure and revenue were basically equal, and the budget was balanced.
The Kingdom of Jerusalem's fiscal revenue for 1875 was 220,000 Divine Shields, while fiscal expenditure was 3.14 million Divine Shields, resulting in a deficit of 2.92 million Divine Shields."
Although the Austrian Government was the New Holy Roman Empire's central government, they still had to be kept separate in fiscal matters.
If the finances were not separated, then whenever the central government ran a deficit, there would be no way to reach into the pockets of the various state governments for money.
The division was not limited to finance; in reality, their functions were different as well.
The Austrian Government was chiefly responsible for governing Austria—for example, collecting taxes, maintaining public order, developing the economy, education, infrastructure construction... All of this was confined to Austria itself.
The central government was different. These concrete administrative matters were the responsibilities of the various