PUBLIC WORKS STATEMENT

Kaipara and Waitemata Echo, 18 October 1911, Page 3

PUBLIC WORKS STATEMENT

The Public Works Statement was laid on the table of the House of -Representatives on Monday evening by the Minister for Public Works, (Hon. R. McKenzie). He said the expenditure, though not quite equal to that of the previous year, was still very satisfactory, being no less than £2,190 954. At March 31, 1910, the available ways and means fGr public works purposes were £312,366, and further funds were received as under :—Under the Loans Acts for 1909, £350,002; under cho Aid to Public Works and Land Settlement Act, f9l0 > £1,568. 350 ; under the New 'Zealand Loans Act, 1908, £66,390; transfer from Consolidated Fund, £800,000; the miscellaneous receipts. £6506; making a gross total oi £3,103,614. The ordinary expenditure of the year, amounted to £1,892,151; debentures redeemed, £225 ; charges and expenses in respect of raising loans, £66,367 ; other charges. £4125 ; thus bringing the total disbursments up to £1,963, 569, and leaving a credit balance at the end of the year £1,140,045.

.For the current year it is proposed to provide additional funds as under : —Balance o- c 1910 loan, £18i;650: proposed loan of 1911, £1,500,000 • under tlie Aid to Water Power Works Act, 1910, £500,000 ; transfer from Consolidated Fund. £500,000 ; special provision for irrigrtion works, £100,----000. The above, with the balance brought forward, gives a gross total of £3,921,695.