E.—2.

Statement of Receipts and Expenditure for the Year ending 31st December, 1909 — contd.

Statement of Rents.

George J, Garland, Secretary and Treasurer. Examined and found correct, except that the payment of £4 10s. for Commissioner's travellingexpenses is without authority of law, and is therefore disallowed.—E. J. Collins, Controller and Auditor-General.

TARANAKI. Sir, — School Commissioners' Office, New Plymouth, Bth June, 1910. I have the honour to hand you herewith the statement of receipts and expenditure of this Board during the year 1909, with balance-sheet as at 31st December last. The year's work has been uneventful. The annual letting of reserves, held in June last, was very successful, considering the very rough character of many of the sections offered. During the current year a number of leases granted thiity and twenty-one years ago will expire, and arbitrations made in pursuance of the renewal clause in nearly all cases show an appreciable increase in the rentals for the next period. The benefit of this will accrue after the Ist January next. I regret to have to record the decease of my colleague, Mr. Henry Faull, who was for some years a member of this Board, and took a deep interest in its affairs. His place as one of the nominees of the Taranaki Education Board has been filled by Mr. A. Morton. The Board now consists of Messrs. W. T. Jennings, M.P., C. E. Major, and Francis Simpson, appointees of the Government, and Mr. A. Morton and myself, nominated by the Education Board. The noxious-weeds problem continues to be our greatest trouble, and necessitates constant vigilance and a good deal of expense for supervision. I have, &c, James Wade, Chairman. The Hon. the Minister of Education, Wellington.

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Primary. Seoondary. Total. III. Statement of Assets and Liabilities. Bank balance (General Account) ... „ (Endowments Account) ... ... 1, Rents unpaid, 1907 1908 1909 1 Ac ■inei k s. a. £ s. d. a s. d. ccount) ... ... ... 164 6 4 149 13 0 313 19 4 nts Account) ... ... 1,124 17 1 185 11 10 1,310 8 11 2 10 0 ... 2 10 0 72 1 4 7 16 8 79 18 0 ... 664 8 3 148 0 11 : 812 9 2 164 6 4 I ,124 17 1 2 10 0 72 1 4 664 8 3 149 183 7 148 13 11 16 0 0 10 8 11 Total assets ... ... ... 2, 2,028 3 0 491 ,028 3 0 491 2 2 5 2,519 5 5 5 Liabilities. Lease deposits in hand ... ... ... ... ! — £ s. d. H 22 14 0 6 £ s. d. 22 14 0 6 s. 6 b. d. £ 6 0 29 a. o s. d. 0 0 — Total liabilities 22 14 0 22 14 0 6 6 6 6 o 0 29 0 0

1 Arrears at 31st December, 1909. Arrears of Rents falling Total Cash AmouDt Previous Years. due 1909. collected I written off. i Previous Years. Current Year. _; ; I I I ! Primary Account. £ i. d. £ b. d. & s. d. £ s. d. £ s. d. £ s. d. 535 8 8 5,439 6 1 5,221 15 2 14 0 0 74 11 4 664 8 3 Secondary Account. £ s. d. £ s. d. £ s. ci. £ s. d. £ s. d. £ s. A. 108 0 3 : 1,158 2 8 1,110 5 4 Nil. 7 16 8 148 0 1]