B.—l [PT. IV].

SWAMP LAND DRAINAGE SCHEMES—continued. Balance-sheet as at 31st March, 1939. Liabilities. £ s. d. Assets. Capital Account, Public Works' Fund .. ..688,167 4 8 Kaitaia Drainage Area— £ s. d. £ s. d. Reserve : Repayment capital costs— Allocated cost of works on which Kaitaia Drainage rates are levied A re a £ s. d. £ s. d. Rural subdivision .. .. 60,000 0 0 Rural subdivision 3,260 6 5 Town subdivision .. .. 8,200 0 0 Town subdivision 445 11 5 68,200 0 0 3,705 17 10 Excess cost of works not recover - Waihi Drainage a bl e • • • • • • 163,948 0 4 A rea , Interest Account: Proportion Pukehina Subdivi- chargeable to area .. 158,487 4 sion .. .. 314 7 9 322,435 6 8 Kaikokopu Subdi- Waihi Drainage Area— vision .. 471 11 6 Allocated cost of works on which 785 19 3 rates are levied— Poukawa Drainage Area .. 870 16 6 Pukehina Subdivision .. 5,000 0 0 5,362 13 7 Kaikokopu Subdivision .. 7,500 0 0 Rate accounts— Central Subdivision .. 46,832 3 6 Special Rate Accounts : Capital— 59,332 3 6 Kaitaia Drainage Excess cost of works not recoverArea- £ s. d. able 24,636 16 9 Rural subdivision 1,905 12 10 Interest Account: Proportion Town subdivision 92 4 8 chargeable to area .. 46,749 3 7 1,997 17 6 71,386 0 4 Waihi Drainage Poukawa Drainage Area— Area Drainage works . . .. 16,505 310 Pukehina Subdi- Interest Account: Proportion vision .. 298 7 9 chargeable to area .. 1,463 10 1 Kaikokopu Sub- 17,968 13 11 division .. 168 15 9 Hikurangi Drainage Area— 467 3 6 Drainage works .. .. 257,270 3 0 Poukawa Drainage Area .. 247 11 11 Interest Account: Proportion 2,712 12 11 chargeable to area .. 158,745 9 6 General Rate Accounts : Main- 416,015 12 6 tenance Mangawai Drainage Area — Kaitaia Drainage Drainage works .. .. 1,877 19 3 Area £ s. d. Interest Account : Proportion Rural subdivision 488 111 chargeable to area .. 1,606 4 3 Town subdivision 101 11 9 " 3,484 3 589 13 8 Harihari Drainage Area— Waihi Drainage Drainage works .. .. 4,355 211 Area Interest Account: Proportion Pukehina Subdi- chargeable to area .. 3,322 7 4 vision .. 187 5 3 . 7>«7? 3 Kaikokopu Sub- Buildings .. .. .. .. .. 1,28.. 8 1 division .. 204 19 6 Wharves .. .. .. .. .. 010 0 392 4 9 Plant and machinery .. .. .. .. 10,077 14 8 981 18 5 Loose tools .. .. .. .. . • 193 4 7 Sundry creditors — Stores on hand .. .. .. .. 3,357 1 0 Miscellaneous .. .. .. 197 19 1 Motor-vehicles .. .. .. .. 222 3 0 Departmental .. .. .. 2 18 8 Sundry debtors for rates— 200 17 9 Drainage Capital. Maintenance. Rents charged in advance .. .. 113 10 0 19,592 16 7 7,561 15 7 27,154 12 2 Payments in advance— Waihi.. .. 5,154 3 3 4.120 911 9,274 13 2 £ e ™-- •• '• " Ju 7 Poukawa .. 3,375 14 5 224 4 2 3,599 18 7 aes# * •• ** ** jg y Sundry debtors — Susnense Account .. • • 0 6 0 Eent under section 4 ( 2 )> Swamp Writings,-off in Suspens'e '.. .. .. 17,217 0 6 Land Drainage Amendment Act, Treasury Adjustment Account .. .. 340,559 3 3 House rent " " "250 Law-costs .. .. .. 815 17 9 Miscellaneous .. .. 41 2 6 Departmental .. .. 166 14 1 1,238 9 11 Rate Account — General Rate Account: Maintenance — Waihi Drainage Area: Central Subdivision .. .. 1,422 14 0 Poukawa Drainage Area .. 2 7 7 1,425 1 7 Maintenance costs (Hikurangi) .. .. 434 8 9 Premiums on conversion .. .. ■ ■ 102 0 0 Revenue Account —Waihi Drainage Area : Central Subdivision .. .. .. .. 13,197 14 11 Losses in Suspense .. .. .. 17,217 0 6 Cash in transit from Post-office .. .. 52 13 7 £1,055,329 5 2 £1,055,329 5 2 R. G. Macmorran, Under-Secretary for Lands. G. I. Beeson, Chief Accountant. I hereby certify that the Rate Accounts and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.-l [Pt. IV]. Expenditure totalling some £800,000 reflected in the Balance-sheet appears to be irrecoverable.— J. H. Fowler, Controller and Auditor-General.

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