D—l

Of the expenditure of £22,703,748 previously mentioned, £12,469,969 may be regarded as having been expended from loan-moneys (£6,872,000 Public Works Account, £2,920,000 Electric Supply Account, £lOO,OOO Main Highways Account, and £2,577,969 War Expenses Account), the balance —i.e., £10,233,779 —being expended from loan recoveries, revenue, and taxation. The ratio which the various classes bear to the whole is shown below —that is, expenditure plus receipts (including credits-in-aid) : Roads, including construction and maintenance of Main £ Per Cent. and State highways .. .. .. .. 2,616,721 = 8-72 Hydro-electric (construction and working expenses) .. 4,341,199= 14-47 Railway construction .. .. .. .. 308,050 = 1 *O3 Housing construction .. .. .. .. 5,710,135 = 19-03 'Public buildings, including schools .. .. .. 1,853,087 = 6-18 Land improvements and soil conservation 271,963 = 0-91 Irrigation, water-supply, and drainage .. .. 390,312 = 1-30 Linen-flax development .. .. .. .. 403,809 = 1-34 Public buildings and roads, &c. (maintenance) .. 582,369 = 1-94 Plant, material, and services, other Departments .. 2,822,821 = 9-41 Miscellaneous .. .. .. .. .. 825,313 = 2-75 Navy, Army, Air, and Civil Defence expenditure .. 2,577,969 = 8-59 Revenue receipts and credits-in-aid .. .. .. 7,300,189 = 24-S3 £30,003,937 = 100-00

6

Class of Work. Receipts. Receipts,* Public Works Department Ordinary Revenue Account — £ Credits-in-aid, vote " Maintenance of Public "Works and Services " 2,276,567 Departmental receipts (previously credits-in-aid) 400,312 Irrigation : Receipts for year .. .. .. .. • .. 25,676 Miscellaneous receipts for year 102,024 Electric Supply Account — Sales of electrical energy 2,761,145 Miscellaneous receipts 145,212 Main Highways Account— Repayment of advances, &c., and interest 10,020 Miscellaneous receipts 173,294 Public Works Account — Sale of linen flax and by-products 577,018 Miscellaneous receipts 828,921 • 7,300,189 * Excludes motor-spirits tax, registration fees, &c., collected by other Departments.