E.—l.

General Statement of Receipts and Expenditure for the Year ending the 31st December, 1903— continued.

J. H. W. Wardrop, Secretary and Treasurer. Examined and found correct. —J. K. Warburton, Controller and Auditor-General.

HAWKE'S BAY. Sir, — Office of the School Commissioners, Napier, sth May, 1904. I have the honour to forward herewith statement of the Commissioners' accounts for the year ended 31st December, 1903, duly audited, and to report as follows:— During the year two auction sales of leases were held, when one suburban and five rural lots were offered. Four of the rural lots were sold at an aggregate annual rental of £268 4s. 6d. The remaining rural lot (upon which there is a quantity of valuable timber) and the suburban lot were passed in. One of the rural lots, containing 990 acres, had previously been held under lease. The expense of keeping down rabbits has again been a serious charge on the revenue. The charge for fencing on Primary Reserve (£97 15s. Bd.) will be recovered from the new lessee, I have, &c, Eric C. Gold Smith, Chairman. The Right Hon. the Minister of Education, Wellington.

General Statement of Receipts and Expenditure for the Year ending the 31st December, 1903.

108

ssets. lalance on the 31st December, 1903 .rrears of rents Total assets ... £ s. 340 17 86 17 427 15 a. 4 8 0 £ a. a. 228 15 11 0 2 2 228 18 1 £ s. a. 569 13 3 86 19 10 656 13 1 228 18 1 656 13 1 Liabilities. and Purchase Account £ s. a. 97 13 3 £ s. a. £ s. 97 13 a. 3

j Primary. Secondary. | Total. Receipts. 'o Credit balances on the 1st January, 1903 Arrears of revenue for previous years—viz., rents, issues, profits, or receipts from reserves Interest on overdue rents Revenues, viz.,— Rents, &c, of reserves for current year Other receipts for current year, viz.,— Rents collected by Receiver of Land Revenue Interest on fixed deposits £ a. d. 743 1 9 £ 1,662 s. 0 d. 8 £ s. d. 2,405 2 5 350 7 8 ■ I 25 15 2 38 1 8 1 0 6 388 15 8 26 16 8 2,515 1 11 759 9 8 •3,274 11 435 1 11 15 3 7 33" 0 0 i 435 1 11 48 3 7 Total receipts ... 4,084 12 0 2,493 19 10 j 6,578 11 10 I I Expenditun By Salaries and allowances to officers Printing, stationery, &c. Auctioneers' charges and travelling-expenses re sale of leases Advertising Rates Insurance ... ... ... Law charges Valuation fees Repairs to buildings ... Fencing (half-share)... Destroying rabbits ... Clearing blackberries Payments to Hawke's Bay Education Board Fees, board, and rail fares of pupils attending Napier High Schools Credit balances at the 31st December, 1903— Fixed deposits at Bank (£506 6s. at Post-Office Savings-Bank) ... Current Account Cash in hand ... ... ... £ a. 75 2 6 9 a. 0 5 £ s. a. 24 18 0 1 19 8 £ s. a. 100 0 0 8 9 1 3 15 23 3 34 18 1 12 18 7 5 5 2 18 97 15 114 16 6 11 2,900 0 2 4 0 6 5 0 0 8 0 0 0 0 7 10 4 4 3 93 7 1 10 0 3 5 13 3 4 3 0 27 7 7 128 5 1 11 12 9 24 0 8 5 5 0 122 10 10 99 3 2 114 16 0 6 11 0 2,900 0 0 119*12 10 17 6 670 11 1 670 11 1 506 6 218 1 69 11 0 5 1 1,400 0 0 161 18 1 1,906 6 0 379 19 6 ■ 69 11 1 Total expenditure 4,084 12 0 12,493 19 10 6,578 11 10