b.—i [Pt. m

PUBLIC ACCOUNTS. 1 926-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

18

1925-1926. I RECEIPTS. 1926-1927. £ s. d. £ s. d. £ s. d. 1,132,500 4 4 Brought forward .. .. .. .. .. .. .. 1,236,310 0 0 27,474 11 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 146,933 4 5 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, — 1,671 8 3 Receipts under Land Act, 1924, Section 383 (2) .. .. .. •• 1,620 9 9 Public Revenues Aot, 1910, Section 56, — 125,000 0 0 Temporary Transfer from the Consolidated Fund (Ordinary Revenue Account) .. Transfer from Consolidated Fund (Ordinary Revenue Account) in terms of Section 12 500,000 0 0 of the Appropriation Act, 1925 .. .. .. ... .. .. New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946 — Finance Act, 1925, Section 2 (Public Works) — Stock issued in respect of £4,000,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926) .. .. .. .. .. 4,000,000 0 0 Stock issued in respect of amount required to cover Charges and Expenses of raising £4,000,000 authorized (part of £6,000,000 5-per-cent. Stock Loan, 1926).. .. .. .. .. .. .. .. 151,450 10 2 Premium .. .. .. .. .. .. .. .. 1,514 10 2 Interest on overdue instalments .. .. .. .. .. 25 11 8 New Zealand Consolidated Stock, 1945— Aid to Public Works and Land Settlement Aofc, 1922 — Stock issued in respect of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4J per-cent. Stock Loan) 4J-per-cent. Stock issued in respect of amount required to cover Charges 84,009 1 9 and Expenses of raising £1,000,000 gg 4 Interest on overdue instalments Finance Act, 1923, Section 2 (Publio Works) — Stock issued in respeot of £1,000,000 authorized (part of £7,000,000 1,000,000 0 0 4J-per-cent. Stock Loan) 4J-per-cent. Stock issued in respect of amount required to cover Charges 84,009 1 9 and Expenses of raising £1,000,000 g g 4 Interest on overdue instalments Finance Aot, 1924, Section 2 (Public Works) — Stook issued in respect of £1,500,000 authorized (part of £7,000,000 1,500,000 0 0 4J-per-cent. Stock Loan) 4J-per cent. Stook issued in respect of amount required to cover Charges 126 013 12 6 aQ d Expenses of raising £1,500,000 9 9 5 Interest on overdue instalments Finanoe Act, 1924, Section 2 (Publio Works) — 92,320 0 0 Debentures issued New Zealand Inscribed Stook Aot, 1917— 347,550 0 0 Inscribed Stock issued .. — 1! 4,152,990 12 0 4,233,923 18 1 New Zealand Loans Act, 1908, Section 5 (1) (6), — Finance Act, 1925, Section 2 (Public Works) — Temporary Advance received from Bank of England on Memorandum of Security .. .. .. .. .. .. .. .. 400 , 000 0 0 Public Revenues Amendment Act, 1913, Section 34, — 500,000 0 0 Prooeeds of Treasury Bills issued in anticipation of Loan .. .. .. .. 200,000 0 0 £6,520,570 1 10 Total .. .. .. .. .. .. .. £6,137,854 6 2 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.