B.—l [PT. IV].

MAIN HIGHWAYS ACCOUNT— continued. REVENUE FUND— continued. Income and Expenditure Account for the Year ended 31st March, 1936, and Total to Date —continued.

72

T , , . T Total since Total since EXPENDITURE. IncejjtionofMam INCOME Total for Inception of Main \ ear 1935-36. Highways Act 1922, AJN j year 1935-36. i Highways Act, 1922, ! | to 31/3/36. | | ! to 31/3/36. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. .. 1,246,910 5 4 8,783,160 18 7 Brought forward .. .. .. .. .. 1,947,171 0 5 14,049,844 0 11 Loan charges — £ s. d. Charges and expenses of raising loans, management charges of Consolidated Stock on account of Construction Fund, &c. .. .. .. .. .. .. 164 14 0 .. 48,83118 9 Interest on amount appropriated out of Public Works Fund and paid into Main Highways Account Construction Fund .. .. .. .. .. 6.1,300 0 0 .. 367, 800 0 0 Interest on loans, recoupment to Consolidated Fund (section 4, Finance Act, 1919) .. .. .. 119,105 6 1 .. 834,963 11 3 Transfer to reserve for redemption of main highway securities .. .. .. .. .. 85,419 0 0 .. 499,635 0 0* Payment to local authorities in commutation of toll-gate charges (Finance Act, 1925, section 20) .. .. 1,663 8 10 .. 24,295 6 3 Payment to Wellington City Council in commutation of fees chargeable in respect of motor-vehicles using Hutt Road (Finance Act, 1927 (No. 2), section 33) .. 23,998 19 8 .. 181,610 9 8 Total loan charges .. .. .. 291,651 8 7 1,957,136 5 11 Subsidies, «fee., in respect of other than main highways — Municipal Corporations (Municipal Corporations Act, 1933, section 71) .. .. .. .. .. 24,655 8 8 .. 149,750 12 5 County Councils and other local authorities (Finance Act, 1930, section 37) .. .. .. .. .. 160,199 12 2 .. 965,742 1 5 Subsidies to County Councils for rebate to ratepayers (Finance Act (No. 4), 1931, section 45) .. .. .. • .. 253,892 12 1 Subsidy on rates levied on farming land (Finance Act 1935, section 20) .. .. .. .. 186,117 3 9 .. 364,363 10 9 Maintenance and construction of roads giving access to outlying areas (Finance Act (No. 3), 1931) .. .. .. .. 45,918 8 8 Total subsidies .. .. .. 370, 972 4 7 1,779, 667 5 4 1,909,533 18 6 12,519,964 9 10 Transfers to Construction Fund .. .. .. .. .. 3,000 0 0 1,503,000 0 0 1,912,533 18 614,022,964 9 10 Balance, being excess of income over expenditure, carried to general balance-sheet .. .. .. .. .. .. .. 34,637 1 11 26,879 11 1 1,947,171 0 5 14,049,844 0 11 1,947,171 0 5 14,049,844 0 11 * Excludes £53,256 19s. 5d. interest credited. Note. —No charge for the cost of exchange on interest payments made in London is included in the accounts.