Figures published in 2017/18 Accounts
An increase in income tax payments and fewer people on unemployment benefits are being hailed as behind an apparent government surplus in the last year.
The figures have been published in Treasury's 2017/18 Detailed Accounts - commonly referred to as the Light Blue Book - which will be laid before Tynwald next week.
But the Treasury Minister is still urging caution.
Alfred Cannan has long held that government must conserve more cash.
But now with news £23.1 million of extra money has been found in the last financial year, his Department is breathing a short sigh of relief.
Despite a large overspend in the health department, income tax receipts brought in £21.6 million more than forecast, and National Insurance contributions generated £13.7 million more than expected.
But the Light Blue Book also reveals a £1 million 'stock' shortfall in the Department of Infrastructure, which was covered using government's Contingency Fund.
Mr Cannan says the overall surplus is a 'cause for optimism' - but adds government 'must not be complacent' as 'significant financial pressures' continue.
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