From the 1866 Prince Edward Island Calendar:
Incredible! By far, the majority of the taxation was impost duty (i.e. customs tariff), and almost all the expenditures are the kinds of thing I'd consider the proper role of government: roads, lighthouses, public lands and buildings, government and court offices. Not an economic development program or defined-benefit pension or sustainable energy initiative among them, though one does wonder about the money for the Royal Agricultural Society.
I note with some discouragement that the public debt was equal to a year's revenue even then, but also that they recorded a surplus equal to nearly 13% of that debt, in a single year.
And they did this with a population of around 90,000.
Finally, something from 1864 worth restoring.