E.^l

Expenditure.

Assets.

Liabilities.

J. E. Blaik, Chairman. Nat J. Tone, Secretary. Examined and found correct.— J. K. Waebueton, Controller and Auditor-General.

HAWKB'S BAY. Sib, — Office of the School Commissioners, Napier, 12th April, 1897. In compliance with your circular of 12th January last, I have the honour to report as follows for the past year : — There were two auction sales of leases during the year. At the first, two town, four suburban, and four rural lots were offered. All of these lots had previously been held under lease, the rural land having been held in one block. One town lot which had previously been unoccupied for a considerable time was passed in. The rentals under the old leases aggregated £195 Bs. per annum, and it is satisfactory to be able to report that under the new leases the same lands are let at a total rental of £279 15s. 6d. per annum. At the second auction sale nine town and fourteen rural lots were offered. All of these lots had previously been held under lease. The whole of the lots were sold at an aggregate rental of £78. The general statement of receipts and expenditure for the past year has been prepared. It has been audited and certified to as correct by the Controller and Auditor-General, and a copy of same is forwarded herewith. It will be observed from the statement of assets and liabilities which accompanies the statement of receipts and expenditure that the rents outstanding at the end of the year amounted to £732 35., but since then a large amount has been recovered, and it is expected that the arrears will be materially diminished at an early date. I have, &c, The Secretary for Education, Wellington. Eeic P. Gold-Smith, Chairman.

99

Primary. Secondary. Total. >y Payments to Boards — Wellington Education Board Wanganui Education Board... Wellington College Wellington Girls' High School Wanganui Girls'High School Salaries of officers Printing, stationery, and office contingencies Commissions on sales of leases Advertising ... Fencing Law ... ... ... ... Preparation and registration of leases ... Arbitration ... District Land Eegistrar—titles... Travelling-expenses ... Masterton Town Lands Trust —rent Destruction of Babbits Exchange Balances : Bank, £583 8s. 8d ; less unpaid cheque, £3, £580 8s. 8d. ; cash m hand, £2 4s. 3d. £ s. A. 1,227 4 5 772 15 7 241 16 2 82 15 9 11 1 9 21 19 6 421 14 6 5 2 11 23 10 0 3 3 0 91 1 11 29 13 11 4 0 0 10 0 0 0 10 £ s. d. 31 6 1 31 6 1 37 7 10 8 10 11 4 12 0 I £ s. d 2,000 0 0 100 0 0 250 7 1 87 7 9 11 1 9 21 19 6 421 14 6 ! 28 12 11 3 3 0 91 1 11 29 13 11 4 0 0 10 0 0 0 10 491 3 0 91 9 11 582 12 11 Total expenditure 3,437 3 5 204 12 10 3,641 16 3

Balances on 31st December, 1896 Arrears of rents £ s. 491 3 245 12 a. o 9 £ 91 0 s. d. 9 11 0 9 £ s. d. 582 12 11 245 13 6 Total ... 736 15 9 91 10 8 828 6 5

& s. d. £ s. a. £ s. a. Iredit Land Purchase Account (see " Land Act, 1892," section 243, ss. 7) ... ... ... ... 70 18 6 70 18 6