B.—l [Pt. IV].

PUBLIC WORKS DEPARTMENT— continued. NATIONAL DEVELOPMENT ACCOUNT (PUBLIC WORKS FOND) —continued. Income and Expenditure on Capital Account foe the Year ended 31st March, 1926—continued. Lands Improvement, Expenditure. Income. £ s. d' To Net expenditure, including a proportion of £ s. d. By Recoveries on account of expenditure of general " Departmental " administrative previous years — expenditure, on— Roads, &c., works—■ Reclamation works — Hauraki pastoral areas .. .. 19 5 4 Sand-dune areas .. .. .. 1,051 0 3 Balance, being excess of capital expenditure Kohukohu foreshore .. .. .. 14 12 6 over capital income on lands improve-Drainage-works— ment, transferred to annual National Free grants .. .. .. .. 5,808 10 9 Development Account .. 69,684 13 11 Subsidies, &c. .. .. .. 4,684 19 0 Roads, &c., works— Clarence Valley .. .. .. 1,939 011 Hauraki pastoral areas .. .. 153 14 7 Stop-banks— Piako River .. .. .. .. 1,043 12 8 Taieri .. .. .. .. 48,237 5 4 Tokatoka .. .. .. .. 6,620 12 4 River erosion— Blue Mountain S.D., S.G.R. 116 .. 0 2 0 Waimana River .. .. .. 150 8 11 £69,703 19 3 £69,703 19 3 RAILWAY CONSTRUCTION (PUBLIC WORKS FUND) AND RAILWAYS IMPROVEMENT AUTHORIZATION ACT ACCOUNT. Income and Expenditure on Capital Account for the Year ended 31st March, 1926. Public Works Fund: Vote "Railway Construction." Expenditure. Income. To Net expenditure, including a proportion of £ s. d. By Net recoveries during the year— £ s. d. general "Departmental" administrative Whangarei Branch .. .. .. 1,492 2 9 expenditure, on— Land claims, &c. .. .. .. 781 17 3 Dargaville Branch .. .. .. 10,127 10 5 Recoveries on account of expenditure of Huarau Northwards .. .. .. 289,575 17 2 previous years —Unopened lines .. .. 10,711 5 9 East Coast Main Trunk — Credits for amount of ex-Paeroa-Pokeno .. .. .. 1,634 7 9 penditure on sections Waihi—Taneatua .. .. .. 379,284 0 I handed over to New Gisborne-Napier .. .. .. .. 211,734 0 8 Zealand Railways DeWaikokopu Branch .. .. .. 47,945 5 8 partment during the year— £ s. d. Opunake Branch .. .. .. .. 73,593 5 3 Whangarei Branch .. 340,356 12 7 Stratford Main Trunk .. .. .. 85,391 10 8 Huarau Northwards .. 919,494 4 9 Glenhope-Murehison .. .. .. 35,882 6 5 Lawrence-Roxburgh .. 268,457 16 6 Otira-Bealey .. .. .. .. 11,081 0 2 Orepuki-Waiau .. .. 111,955 4 2 Westport-Inangahua .. .. .. 13,229 1 11 1,640,263 18 0 Orepuki-Waiau Extension .. . . 12,486 2 7 Recoveries on account of Lawrence-Roxburgh .. .. .. 60,370 18 5 goods and passenger Survey (new lines and lines not specified) .. 3,752 7 0 traffic — Working-expenses of running Huarau Northwards .. 11,006 14 1 goods and passenger Waihi-Taneatua.. .. 27,824 14 8 traffic — £ s. d. Waikokopu Branch .. 7,257 4 11 Huarau Northwards .. 3,749 14 3 Lawrence-Roxburgh .. 1,996 12 9 Waihi-Tarieatua. . .. 24,575 5 5 48,085 6 5 Waikokopu Branch .. 6,435 6 5 Lawrence-Roxburgh 3,141 10 6 37,901 16 7 1,273,989 10 9 Balance, being excess of capital income over capital expenditure transferred to Railway Construction Account .. .. .. 427,344 19 5 £1,701,334 10 2 £1,701,334 10 2 Note. —The following amounts have been handed over to the New Zealand Railways Department without parliamentary appropriation : (a) Total expenditure on lines handed over during the year 1925-26, £1,640,263 18s. ; (6) expenditure during 1925-26 on lines previously handed over, £1,908 14s. ; (c) recoveries during 1925-26 on account of expenditure of previous years hi connection with lines previously handed over, £11,084 ss. Id. Railways Improvement Authorization Act, 1914 (Portion being expended by Public Worhs Department). Expenditure. Income. To Net expenditure by Public Works Depart- £ s. d. By Balance, being excess of capital expenditure £ s. d. ment out of above account as under— over capital income, transferred to RailSection 5, Auckland-Westfield .. .. 122,066 15 5 ways Improvement Authorization Act Section 7, Finance Act, 1924 — 1914 Account .. .. .. 200,613 6 7 Hutt Valley Railway .. .. 52,488 9 11 Tawa Flat Railway .. .. 3,249 5 5 Proportion of cost of raising loans applied to unopened sections of railway .. 22,808 15 10 £200,613 6 7 £200,613 6 7

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