B.—l

4

CONTENTS— continued. PUBLIC WORKS FUND :— Statement of Receipts and Expenditure :— PAGE Part I. .. .. ..' .. .. .. .. .. .. .. G8 Part 11. .. .. .. .. .. .. .. .. .. .. .. 68 Part 111. .. .. .. .. .. .. .. .. .. .. .. 70 The Conversion Account .. .. .. .. .. .. .. .. .. 70 Loans to Local Bodies Account .. .. .. .. .. .. .. .. 72 Expenditure under Annual Appropriations .. .. .. .. .. .. .. 74 Statement op the Unauthorised Expenditure .. .. .. .. .. .. 79 Statement of the Advances Outstanding .. .. .. .. .. .. .. 79 Detail Statement of Expenditure for " Rates on Native Lands " for the Financial Years 1886-87 and 1887-88 .. .. .. .. .. .. .. .. .. 81 Cash Received ebom Local Bodies in Respect of Debentures given undeb " The Roads and Bridges Construction Act, 1882 " .. .. .. .. .. .. .. .. 82 THE SINKING FUNDS ACCOUNTS :— Account of Receipts and Disbursements of the Sinking Funds .. .. .. .. 84 Statement showing the Amount of Sinking Funds accrued to 31st March, 1888 .. .. 90 Statement of the Securities in which the Sinking Funds were held .. .. .. 90 TABLE OF THE PUBLIC DEBT ON 31st MARCH, 1888 .. .. .. .. .. .. 91