B—l [Pt. T].

PUBLIC ACCOUNTS, 192 7-192 8.

STATEMENT of the RECEIPTS AND EXPENDITURE of SEPARATE ACCOUNTS for the

52

NATIONAL ENDOWMENT 1926-1927. RECEIPTS. 1927-1928. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 26,393 9 8 Cash in the Public Account .. .. .. . .. .. 43,212 1 10 100,100 0 0 Investment Account .. .. .. .. .. .. .. 86,100 0 0 i 129,312 1 10 126,493 9 8 134,208 17 7 Rents, &e., from National Endowment Lands.. .. .. .. .. .. 124,524 1 8 Land Act, 1924, Section 302 (9), — 1,678 17 11 Interest on Sales of Land .. .. .. .. .. .. .. 2,]48 9 4 2,714 6 11 Interest on Investments .. .. .. .. .. .. .. j .. 3,377 13 3 809 9 11 Interest on Investments : National Endowment Trust Account .. .. .. .. 1,076 4 9 Public Revenues Act, 1926, Section 40, — 27 12 4 Interest received on Temporary Transfers to other Accounts .. .. .. 136 11 0 Temporary Transfers to other Accounts— Adjustment consequent on Einance Act, 1927 (No. 2), Section 16 .. .. ! 4,000 0 0 ' | 4,136 11 0 ! Amount transferred from State Forests Account in terms of Section 39 (2) of the 15,658 15 4 Forests Act, 1921-22 .. .. .. .. .. .. .. .. ! 13,884 15 9 J £281,591 9 8 l Totals .. .. .. .. .. .. .. £278,459 17 7 NATIONAL ENDOWMENT £ s. d. Balance at beginning of Year — £ s. d. £ s. d. 516 7 6 Cash in the Public Account .. .. .. .. .. .. 5,448 13 8 19,690 0 0 Investment Account .. .. .. .. .. .. .. 19,690 0 0 25,138 13 8 20,206 7 6 Land Act, 1924, Section 302 (10), — 4,953 13 6 Sales of Land .. .. .. .. .. .. .. .. .. 8,551 14 9 Land Laws Amendment Act, 1920, Section 11 (9), — 85 8 6 Interest on Sales .. .. .. .. .. .. . . .. 10 4 7 £25,245 9 6 Totals .. .. .. .. .. .. j .. £33,701) 13 0 NATIVE LAND £ s. d. Balance at beginning of Year, — j £ s. d. £ s. d. 41,331 11 1 Cash in the Public Account .. .. .. .. .. j 21,895 9 2 Imprests outstanding— j In the Dominion .. .. .. .. .. .. .. | 200 63,000 0 0 ' Investment Account .. .. .. .. .. .. .. I 92,500 0 0 — I 1 114,397 9 2 104,331 11 1 Credits- in-Aid, — 142 6 4 Vote —Native Land Purchase Expenses .. .. .. .. . . .. 98 19 9 Credits in reduction of Expenditure under Section 417. Native Land Act, 1909, — 264 7 3 Subsection (a), Acquisition of Native Lands—Native Department .. . . 54 16 1 Subsection (b), Survey of Native Lands .. .. .. .. . . 199 4 9 158 11 3 Subsection (e), Roads, Bridges, and preparing Native Lands for settlement .. 185 6 7 2 0 0 Subsection (f), Improving, developing, and protecting Native Lands .. . , 30 19 0 j —I 470 6 5 424 18 6 104,898 15 11 Carried forward .. .. .. .. .. .. 114,966 15 4 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and otlier 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 74.