11

E.—9

2. Statement of Beceipts and Expenditure of the Wellington College for the Year ending 31st December, 1887. Receipts. £ s. d. Expenditure. £ s. d. To Current income from reserves.. .. 1,340 6 4 By Dr. balance at beginning of year .. 573 10 11 School fees .. ~ .. .. 1,594 7 8 Management—salary .. .. 136 13 5 Interest, Moore and Rhodes funds .. 73 0 0 Teachers'salaries and allowances .7 1,867 6 8 Matriculation fees, 1886, refunded .. 10 10 0 Examinations—Examiners' fees .. 28 10 0 Barnicoat prize fund.. .. .. 5 0 0 Scholarships .. .. .. 90 0 0 Levin scholarship fund .. .. 20 0 0 Prizes .. .. .. .. 14 1 0 Dr. balance at end of year .. .. C 45 10 7 Printing, stationery, and advertising .. 115 11 6 Cleaning, fuel, light, &c. .. .. 97 17 0 Fencing, repairs, &c.. .. .. 77 6 11 Rents, insurance, and taxes .. .. 70 17 6 Interest on current account .. .. 485 13 6 Sundries .. .. .. .. 415 0 Apparatus .. .. .. .. 617 2 Grant to workshop .. .. .. 10 0 0 Rates on reserves, and fencing .. 95 2 11 Legal expenses .. .. .. 14 11 1 £3,688 14 7 £3,688 14 7 J. E. Blair, Chairman. Chas. P. Powles, Secretary. In passing this balance-sheet the Provincial District Auditor respectfully desires to direct the attention of the Governors of the college to the fact that interest upon interest (due for some years past) at the rate of 10 per cent, per annum continues to be paid on a sum of £177. The arrangement entered into was only intended to be temporary, and the maximum legal rate now authorised to be paid is 7 per cent. only. The £177 should therefore be paid off.—E. Macalisteb, Provincial District Auditor. 29th February, 1888.

3. Geneeal Statement of the Accounts of the Wellington Girls' High School for the Year ending 31st December, 1887. Receipts. £ s. d. I Expenditure. £ s. d. To Balance in hand and in bank at begin- By Dr. balance at beginning of year .. 267 5 8 ning of year, Building Account .. 105 12 11 Management—Secretary, commission on School fees .. .. .. .. 1,424 15 9 fees .. .. .. .. 71 1 0 Contribution for prizes .. .. 2 10 0 Teachers'salaries and allowances .. 1,243 6 -8 Dr. balance at end of year .. .. 775 15 6 Examiners' fees .. .. .. 15 0 0 Prizes .. .. .. .. 16 3 0 Printing, stationery, and advertising .. 89 5 2 Cleaning, fuel, light, &c. .. .. 44 16 0 Book and stationery account, &c. .. 47 710 Site and buildings, from current revenue— Purchases and new works .. .. 11l 14 8 Fencing, repairs, &c. .. .. 2 G 0 Rents, insurance, and taxes .. 168 12 10 Interest on current account .. .. 30 18 4 Sundries .. .. .. .. 17 16 10 Legal expenses .. .. .. 34 8 5 Fees paid over .. .. .. 8 8 0 Rates on reserves .. .. .. 34 10 10 Expended out of Building Account, re new buildings .. .. .. 104 4 0 Balance in hand and in bank at end of year, Building Account .. .. 1 811 £2,308 14 2 £2,308 14 2 J. E. Blair, Chairman. Chas. P. Powles, Secretary. The Provincial District Auditor is unable to pass this statement of account for reasons set forth in the attached report.—E. Maoalister, Provincial District Auditor. 23rd February, 1888.

Beport of the Provincial District Auditor. Provincial District Audit Office, Wellington, 23rd February, 1888. The Provincial District Auditor has the honour, in accordance with the requirements of law, to report, for the information of the Hon. the Minister of Education, that the books and accounts of the above institution for the year ended the 31st December, 1887, have been examined; and to submit for consideration the following observations upon the documents supplied : —- The statement of receipts and expenditure shows that various items, amounting altogether to £141 12s. Bd., are charged against the ordinary income of the school, which ought properly to be charged against a Loan Fund Account. Those moneys were expended in payment of architect's fees, in the purchase of furniture, the cost of water-service, legal expenses, and other charges incurred in connection with a new building authorised to be purchased or erected by clause 9 of "The Wellington College Acts Amendment Act, 1878." In addition to this amount a further sum of £104 45., paid to the architect, &c, and nominally charged against the Building Account of the school, should also be charged against a Loan Fund Account.