37

E.—l

(vi.) Special Government grants for buildings and apparatus : (vii.) Tuition fees of pupils: (viii.) Boarding-fees of pupils : (ix.) Miscellaneous sources, such as interest on moneys (other than those obtained by the sale of reserves), donations, and income from special endowments (for scholarships, prizes, &c), rent of premises, &c. The revenue derived, from sources (i) to (iv) is the income from endowments, the " net annual income derived from endowments" being this sum less the expenditure incurred in connection with the endowments and school property and upon building purposes approved by the Minister. The " net annual income " and receipts from tuition fees are deducted from the amount payable to the High School Board by the Department for salaries. The following is a summary of the receipts and payments of all operative secondary schools: — Summary of the Statements of Receipts and Payments for the Year 1921 furnished by the Governing Bodies of Operative Secondary School.s. (Wanganui Collegiate and Christ College Grammar Sohools not included.) Receipts. Payments. Endowments— £ Sales .. .. .. .. 1,330 Endowments (including proportion of office £ Lands vested in High School Boards .. 43,373 expenses) .. .. .. .. 7,454 Secondary-education reserves .. .. 12,701 I Teachers' salaries and allowances .. .. 153,543 Interest on moneys invested .. .. 51b' Incidental expenses of secondary departGovernment grants— ments — Grants for buildings, sites, rent, apparatus, Office expenses and salaries (excluding &0., and subsidies .. .. .. 92,663 endowments) .. .. .. 4,705 For salaries .. .. .. .. 139,516 Printing, stationery, and advertising .. 3,813 For incidental expenses.. .. .. 25,070 ('leaning, heating, lighting, and care of Tuition fees .. .. .. .. 10,100 school-grounds .. .. .. 12,069 Lower Department Account .. .. 8,179 Material, examinations, priz.es, games, and Hostels Account .. .. .. 06,962 j other incidentals .. .. .. 4,945 Loans, interest, &c. .. . . . . 3,811 Maintenance of buildings, rates, and taxes .. 9,028 Technical Classes Aocount .. .. 5,394 Sites, buildings, furniture, and apparatus .. .130,584 Voluntary contributions, income from property Lower Department Aooount .. .. 8,137 not reserves, refunds, capitation for manual Hostels Account .. .. .. 69,171 instruction, and sundries .. .. 13,815 Loans repaid, and interest .. .. 8,402 Technical Classes Aooount .. .. 4,755 , Scholarships, manual instruction, advanoes to pupils, and miscellaneous .. .. 8,547 £423,442 Total .. .. £425,153 The amount expended exceeded the sum for the previous year by £78,000 ; the capital expenditure on new buildings being £59,000 greater, and the expenditure on hostels ,£12,000 greater. The latter increase was balanced by a correspond* ing increase in the receipts. The cost of maintenance, including salaries and incidental expenses, was practically the same as in the previous year. The Department's allowance of £2-5 per head for incidental expenses should have been sufficient to cover the total expenditure under this heading, but in some schools the expenditure was greater than the allowance. The cost ranged from £1-86 to £33 per head, with, the outstanding exception in which the cost was £5 - 05. The average cost per head for all schools was £2-54. The net annual income from endowments, as defined above, amounted to £13,000, which sum was deducted from the Department's payments to the Boards for salaries. Hostels for school boarders were conducted by fourteen Boards, five of which ran the hostels at considerable profit; five others made a loss on the year's working, the remaining four making the revenue and expenditure approximately balance. The expenditure of over £.130,000 on new buildings represents the cost of large building operations in connection with schools and hostels at several of the centres. The Government's contribution towards this Expenditure by way of direct grants was nearly £93,000 ; the balance being met by income from endowments or by loans raised on the security of these endowments. Several Boards have raised loans in this way which will be gradually paid off from endowment income. The total debit balance of all Boards at the end of the year amounted to approximately £80,000.