HideShow resource information
View mindmap
    • the word 'fisci' is used to  reference Augustus' funds- the various fisci in the imperial provinces and his private patrimony.
    • new systematic regulation of revenue
      • censuses
        • augustus took periodic censuses of people and property.
      • annual statements
        • augustus regularly published a balance sheet showing imperial income and expenses.
      • minting of coins
        • 15BC- aug set up an imperial mint in Gaul. after 12BC this produced all gold and silver coins for empire
        • the senate was responsible for issuing bronze and copper coins from the mint in Rome- the coin types reflected Augustus' policies even though the had SC on ( senates consult).
      • new taxes and methods of collection
        • provincial tribute was still the chief source of direct income; land tax and poll and other forms of property tax
        • augustus put more emphasis on indirect taxes to tap new sources of revenue- tax on sale and manumission f slaves, inheritance and sales tax.
    • treasuries
      • fisci
        • these were provincial chests or treasuries into which taxes were paid and from which money for military or administrative purposes was withdrawn- augustus could draw from all fisci.
      • military treasury
        • AD6- used for provision of veteran's pensions. it's funds came from inheritance and sales taxes. it was administered by 3 ex praetors for 3 years- but actual control was in hands of Augustus.
      • public treasury
        • 23BC- supervised by 2 annually elected praetors. in theory all taxes from the provinces went into this treasury but in practice only the surpluses from the fisci were transferred to Rome.
          • public treasury was often short of funds for grain, water supplies, and roads- Augustus made large donations to it.
    • personal wealth
      • inheritances- e.g. his father and his adoptive father.
      • property- confiscated during proscriptions.
      • treasures of egypt
      • booty from war
      • legacies from friends- Marcellus, Maecenas, Agrippa and others.


No comments have yet been made

Similar Classical Civilization resources:

See all Classical Civilization resources »See all Augustus resources »