H—4o

* Includes £1,647,080 reserve for redemption fund. N.B.—The bulk of Interest is an estimate of interest on local-body and public-road liability. Since the year 1932-33 no statistics have been available for local-body road indebtedness, and the 1947-48 estimate is based on the assumption that the' proportion of road to total debt has not varied ; this is found to be the most satisfactory way of arriving at a reasonable estimate. The road-liability proportion of public debt is a known figure, and interest has been calculated on the average rates prevailing for the year 1947-48.

Table 4—Table Showing the Annual Expenditure Upon Roads, Streets, and Bridges During the Years Ended 31st March, 1940 to 1948, Inclusive

2—H4O

33

— 1939-40. 1940-41. 1941-42; 1942-43. 1943-44. 1944-45. 1945-46. 1946-47. 1947-48. Maintenance — Main Highways Urban roads and streets Other roads £ 1,612,869 466,372 1,410,581 £ 1,399,816 432,029 1,364,647 £ 1,254,044 434,322 1,346,036 £ 1,240,172 404,775 1,175,127 £ 1,494,918 441,633 1,270,279 £ 1,527,488 496,812 1,447,075 £ 1,858,556 570,321 1,581,970 £ 2,243,521 611,391 1,747,900 £ 2,911,855 683,668 1,770,092 Total 3,489,822 3,196,492 3,034,402 2,820,074 3,206,830 3,471,375 4,010,847 4,602,812 5,365,615 Construction — Main highways Urban roads and streets Other roads 3,132,162 1,351,333 2,021,968 1,452,145 1,114,794 1,159,125 601,215 777,078 542,015 105,404 443,924 267,842 43,235 452,656 187,549 234,533 494,809 248,223 363,249 578,419 295,347 883,734 628,404 376,052 1,831,617 740,799 516,044 Total 6,505,463 3,726,064 1,920,308 817,170 683,440 977,565 1,237,015 1,888,190 3,088,460 Interest and sinking fund charges — Main highways Urban roads and streets Other roads 911,127 616,098 1,311,435 2,273,396* 626,309 1,260,172 657,190 628,831 1,205,186 760,277 628,968 1,037,630 695,571 698,960 995,773 756,380 634,728 1,033,954 717,536 723,237 914,997 .562,951 641,841 1,183,039 561,852 662,230 1,169,108 Total 2,838,660 4,159,877 2,491,207 2,426,875 2,390,304 2,425,062 2,355,770 2,387,831 2,393,190 Grand total 12,833,945 11,082,433 7,445,917 6,064,119 6,280,574 6,874,002 7,603,632 8,878,833 10,847,265