37

E.—l

The following is a summary of the receipts and payments of all secondary schools (lower departments included, Wanganui Collegiate and Christ's College Grammar Schools excluded) for the year 1919 : — Summary of the Statements of Receipts and Payments for the Year .1919 furnished by the Governing Bodies of Secondary Schools. (Wanganui Collegiate and Christ's College Grammar Schools not included.) Receipts. Payments. Endowments— £ s. d. £ s. d. Sales and mortgage-money repaid .. 7,944 15 0 Endowments (including proportion of Lands vested in High Sohool Boards .. 44,261 0 7 office expenses) .. .. .. 11,731 i) II Secondary-education reserves .. 7,209 7 7 Teachers'salaries and allowances .. 122,510 14 9 Interest on moneys invested.. .. 1,042 10 0 ' Incidental expenses of secondary departGovernment grants— ments- — Grants for buildings, sites, rent, appa- Office expenses and salaries (excluding ratus, &c., and subsidies .. .. 23,1(47 9 5 endowments) .. .. .. 3,564J14 10 Capitation for free places (including Printing, stationery, and advertising .. 2,472 17 5 annual grant) .. .. .. 1.14,858 411 : Cleaning, heating, lighting, and care of Capitation for manual instruction .. 2,825 9 7 ■, school-grounds .. .. 9,306 2 ti School fees .. .. .. .. 11,696 4 0 '• Material, examinations, prizes, games, Lower Department Account .. .. 4,608 9 3 and other incidentals .. .. 3,295 17 I Hostels Account .. .. .. 43,289 11 7 Manual instruction (excluding buildings, Loans, interest, &o. .. .. .. 579 I 8 &c.) .. .. .. .. 1,803 19 6 Technical Classes Account .. .. 2,841 18 2 Sites, buildings, furniture, apparatus, Voluntary contributions, income from taxes, &c... .. .. .. 53,989 12 8 property not reserves, refunds, and Lower Department Account .. .. 4,448 12 2 sundries .. .. .. .. 8,754 12 5 Hostels Account .. .. .. 41,985 3 3 Investments, loans repaid, and interest.. 6,91.6 10 11. Technical Classes Account .. .. 2,855 16 6 Scholarships, advances to pupils, and miscellaneous .. .. .. 3,696 1 9 £273,258 14 2 £268,577 13 3 The receipts for the year exceeded the payments by £4,684, while the payments included an investment of £1,000, and repayment of loans and interest thereon amounting to over £5,000. The payments on account of salaries (secondary departments only) were £122,511, as compared with £99,482 in the previous year; and on account of incidentals (comprising administration, caretaking, school material, &c), £18,640, compared with £16,064 in 1918. The receipts for capitation show a corresponding large increase of £32,341 compared with the previous year. The payments on account of buildings, sites, and equipment, amounting to £53,990, were much greater than in recent years, owing to extensive building operations taking place in connection with several schools and the hostels attached to them. It will be observed that the direct Government grants towards this expenditure amounted to £23,347, the Government's expenditure on this account for the year ending March, 1920, being £42,948, as compared with £5,057 in the year 1918-19. The total receipts on account of lower departments exceeded the payments, but in one or two instances these departments were not self-supporting, and controlling authorities are warned of the illegality of such a position, and of their possible liability to make good any shortage. The combined Hostels Accounts show an excess of receipts over payments of £f,304. As several of the hostels are only in an initial stage, and there have been considerable payments on account of furniture, utensils, &c, larger profits from these establishments may be looked for in the future, although the object of their establishment is not profit-making, but the provision of good accommodation for country pupils at as reasonable a figure as possible. Taking into account the monetary assets and liabilities of twenty of the twenty-two Boards of public secondary schools in operation (the returns from two Boards being outstanding), it appears that the total debit balance at the end of 1919 was £58,543, eleven Boards having a debit and nine a, credit balance. The debit balances are for the most part due to loans raised or overdrafts incurred on account of the erection of necessary buildings ; one school alone is responsible for a debit of £29,000 on account of recent large purchases of land, and another school