9

8.—21

Statements and Explanations relating to the Balances at Credit op the Public Wouks Fund at the 31st Makch in 1887, 1888, 1889, and 1890 eespectively. (Showing inaccuracies in Table appearing in Hansard, Vol. LXVII., page 242.)

Balances at 31st Mauch, 1887. £ s. d. Part I.—Public Works Fund ... ... £491,245.12 6 Part ll.— „ ... Dr. 325,685 2 10 Part lII.— „ 620,734 4 1 Conversion Account ... ... ... 191,414 14 5 Government Loans to Local Bodies Account 34,730 0 0 1,012,439 8 2 Of this amount there were outstanding by way of imprest advances to officers of the Government and others the following sums:— On account of, — Parts 1., 11., and 111. ... ... £81,852 13 10 Conversion Account ... ... 101,539 18 I I — 183,392 12 9 829,046 15 6 And as the cash balances of the Conversion Account and Government Loans to Local Bodies Account are practically at call, they should be deducted also :— Conversion Account ... ... ... £89,874 15 6 Government Loans to Local Bodies Account 34,730 0 0 , 124,604 15 6 704,441 19 11 There being in the Investment Accounts of Parts 1., 11., and 111 717,702 3 2 the cash account of the Public Works Fund was overdrawn at 31st March, 1887 ... ... ... ... ... £13,260 3 3 On the 31st March, 1887, the following were the cash balances of the several funds in the Treasury accounts, — Consolidated Fund ... ... ... £168,63119 4 Public Works Fund ... ... ..Dr. 13,260 3 3 Government Loans to Local Bodies Account 34,730 0 0 Conversion Account ... ... ... 89,874 15 6 Suspense Account ... ... ... 1,688 7 1 __ _ 281,664 18 8 Cash in the Colony ... ... ... 82,394 6 1 Gash in London .. ... ... 199,270 12 7 £281,664 18 8 WC? The balance actually at credit of the Government account at the Bank of New Zealand, London, on the 31st March, 1887, was £228,759 4s. 4d. For explanation of the discrepancy between this sum and the £199,270 12s. 7d. appearing in the Treasury accounts, see page 13. Balances at 31st March, 1888. £ s. d. Part I.—Public Works Fund ... ... £200,391 4 0 Part ll.— „ 21,999 16 5 ■ Part lII.— „ ... ... 546,244 010 Conversion Account ... ... Dr. 10,818 18 8 Government Loans to Local Bodies ... 16,159 0 0 . ■ 773,975 2 7 This balance is reducible, for the reason stated on page 11, by ... 300,000 0 0 473,975 2 7 The following sums should also be deducted : — Government Loans to Local Bodies Account, the money being at call ... ... £16,159 0 0 Public Works money in the hands of officers of the Government ... ... ... 56,225 18 2 — 72,384 18 2 "401,590 4 5 Deduct amount in Investment Account ... £305,000 0 0 Less, in respect of a similar deduction above 300,000 0 0 5,000 0 0 Cash balance ... ' ... _... ... £396,590 4 5 3—B. 21.