E.—l

99

The statement of receipts and expenditure, duly audited, was forwarded to the Secretary of the Education Department, Wellington, on the 14th instant. I have, &c, The Hon. the Minister of Education. J. P. Maitland, Chairman.

General Statement of Receipts and Expenditure for the Year ending 31st December, 1885.

J. P. Maitland, Chairman. C. Macandeew, Secretary.

leceipts. Primary Education Beserves. Secondary Education Eeserves. Total. £ s. d. 568 5 8 1,335 2 6 11,321 14 10 4,295 8 10 285 13 4 11 0 0 £ s. a. £ s. d. 568 5 8 1,482 2 0 11,801 19 7 4,295 8 10 285 13 4 11 0 0 to Balance on 1st January, 1885 Arrears of revenue for previous years ... Rents, &c, of reserves for current year ... Net proceeds of land sales Amount of loan repaid Deposit on survey contract 146 19 6 480 4 9 Total receipts ... 12,656 17 4> 627 4 3 18,444 9 5 Expenditun £ s. d. j? s. a. £ s. d. 3y Salaries and allowances to officers— £ s. d. Secretary ... ... ... 300 0 0) Clerk 50 0 0[ Commission to Southland agent 100 1 lOj Commissioners' travelling allowance Office-rent, cleaning, &c. Printing, stationery, &c. Expenses of leasing— Auctioneer's commission and travelling expenses Advertising, &c. (leases) Incidentals Expenditure on reserves— Surveying, reporting Fencing, &c, destroying rabbits County rates, &c. ... Legal expenses Payments to Otago Education Board ... Payments to Southland Education Board Payments towards secondary education— Otago Education Board—District High Schools Southland Boys' and Girls' High Schools Board Amount invested on mortgage... Expenses of land sales Repaid legal deposit account ... Credit balance in bank on 31st December, 1885 ... Fixed deposit 1,071 16 2 53 5 7 450 1 10 69 3 10 131 7 6 8 19 7 18 17 1 76 3 2 42 1 3 28 6 0 14 18 6 251 4 1 33 18 11 9,022 11 2 2,632 15 7 9,022 11 2,632 15 2 7 444 5 129 13 1 7 444 5 1 129 13 7 3,205 18 3 36 18 5 17 3 6 480 2 1 1,350 0 0 3,205 18 36 18 17 3 480 2 1,350 0 3 5 6 1 0 Total expenditure ... 12,727 2 11 627 4 3 18,444 9 5 Assets. Arrears of rents for period prior to 1882 Arrears of rents for 1883 Arrears of rents for 1884 £ a. d. 29 6 0 76 16 1 482 1 6 3,358 11 8 365 5 10 £ s. d. 2 0 0 13 10 0 70 0 0 219 15 6 £ 31 90 552 3,578 365 s. d. 6 0 6 1 1 6 7 2 5 10 Arrears of rents for 1885 {g^st Total assets 4,312 1 1 305 5 6 4,617 6 7 Liabilities. —! 11.