E.—l

Table X summarizes the receipts of all the secondary schools taken together under the several heads above named, and also the various items of expenditure during the year 1910. TaBLB K.—SUMMABY OP THE ACCOUNTS <~F InCOMK AND F.XPEVDTTURF. FOR 1910 FURNISHED BY THE GOVERNING Bodies of Secondary Schools. Receipts. Expenditure. £ s. d. I £ b. d. Credit ha'ance* on Ist January, 1910 .. 22,689 'J D. bit balances on Ist January, 1910 .. 7,497 7 6 Endowment reserves sold, and mortgage I Expenses of management .. .. 4,333 18 1 moivys repaid a"d insurance .. 4,076 14 8 Pchool salaries .. .. .. 60,024 4 1 Rents, &<>., of reserve* .. .. 32,924 16 9 Boariingpchool accounts .. .. ]fi,690 5 9 Interest on men* ye inves'ed .. .. 1,448 3 5 ! Scliobir-bips and priz s .. .. 2,558 13 6 School Commissioners' [ayments .. 4,607 49 \ Printing, stationery, fuel, light, &c. .. 4,633 6 7 Governinen , payments— j Building*, furnuuie, insurance, rent, Pur manual i struction, capitation, and rates .. .. .. .. 53,554 610 and subsidies .. .. .. 871 7 2j On erdowments .. .. .. 8,881 2 9 For free places, capitation, and subsidy ■ On manual instruction, exclusive of on voluntary contributions .. 40,771 02 [ buildings .. .. .. .. 1,5">9 6 4 Grants for buildings, sites, furniture, j Interest .. .. .. .. 1.867 10 1 &c. .. .. .. .. 11,794 5 4 Sundries not clarified .. .. 4,004 12 9 Statutory grant (Marlborough High Credit balances, 31st December, 1910 .. 22,143 1 6 S'hool).. .. .. .. 400 0 0 School fees (tuition) .. .. .. 17,828 4 8 Board fees .. .. .. 17,035 15 5 Sundries not classified .. .. 25,703 0 8 Debit balauoes, 31st, December, 1910 .. 7,597 5 0 £187,747 15 9 £187,747 15 9 The following table gives a comparison of the chief items of income and expenditure with those for 1908 and 1909 : — 1908. 1909. 1910. Income. ■-■ £ £ $£ Income from reserves and endowments ... 36,774 37,478 38,980 Granps from Government (exclusive of building grants)- ... ... ... ... 29,108 41,258 42,492 Building grants ... ... ... ... 16,1r>4 4,746 11,794 Tuition fees ... ... ... ... 19,160 18,887 17,828 Expenditure. Salaries of staff ... ... ... ... 52,340 56,494 60,024 Expenses of management ... ... ... 3,412 3,637 4,334 Buildings, &c. ... ... ... ... 40,103 41,911 53,554 "These incline, in addition to grunts for secondary educition properly so callel, amounts nai i 10 secondary scho >ls as oonrrolling authorities of 'eeb ncal classes: Tnesd amounts in the \ears 1908, 1909, aud 1910 were respectively £2,208, £6,521, and £850. The receipts under the heading " Tuition fees " show a general decline, due to the steady advance of the free-place system. The Education Amendment Act of 1908, by the introduction of a higher scale of capitation on free pupils, benefits not only those secondary schools which have few if any endowments, but also the more numerous class of schools whose income from endowments is small in proportion to the number of pupils; further, it will relieve from anxiety those schools where a necessity arises for a large building expenditure in any year, as the effect of the new sliding scale is that in any year the total of the net annual income from endowments and the capitation—that is, of the moneys available for the payment of staff salaries and working-expenses — cannot, with due safeguards, fall below £12 10s. per pupil—a sum which past experience shows to be just sufficient. Eighteen of the secondary schools show a credit balance at the end of the year, and nine a debit balance. The net credit balance of all the secondary schools taken together has fallen considerably since the previous year—£l4.s46 as against £19,310 for 1909; the chief cause is the large amount of building operations undertaken by several of the schools during the past year. Generally speaking, the finances of tne secondary schools are in a sound condition, notwithstanding the large expenditure under the head of buildings. In last year's report it was said, " Indeed, it would be as well if the governing bodies of many of the secondary schools would consider carefully the need for increasing the staffs of their schools, and of giving greater encouragement in the form of increased salaries to assistant teachers. At present there is no doubt that in many cases the salaries paid to assistants are far too low. Effi7—E. 1.

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