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VALUATION DEPARTMENT. Income and Expenditure Account fob the . Yeas ended 31st March, 1926. Expenditure. £ s. d. Income. £ s. d. To Advertising, books, newspapers, and other By Fees charged for valuers'reports .. .. 20,216 11 2 publications .. .. .. .. 116 12 9 Scale fees for State Advances reports .. 16,800 13 11 Assessment Court expenses .. .. 323 15 2 Fees charged for certified copies of existing Depreciation on office furniture and maps .. 1,141 4 3 roll values .. .. .. .. 1,787 15 0 Fees to valuers .. .. .. .. 12,262 7 10 Contributions from— Freights, cartage, and transport charges .. 5 3 9 Local bodies .. .. .. .. 10,827 7 6 Fuel, light, power, and water .. .. 13 14 0 Land and Income Tax Department .. 8,041 9 0 Grant to Mr. F. W. Flanagan on retirement .. 437 0 0 State Advances Office (for agency work) .. 1,250 0 0 Loss on stores worn out or disposed of .. 12 2 10 Interest on advances for motor-cars sold .. 12 10 8 Maps, tracings, and schedules of land trans- Levying and collecting hospital rates in actions . . ... .. .. 231 3 0 Sounds, Taupo, and Chatham Islands Office-cleaning .. . . . . .. 25 3 6 Counties and in Waiheke Island .. .. 159 15 8 Office expenses .. .. .. .. 271 18 4 Balance carried forward .. .. .. 2,594 0 7 Overtime and meal allowances .. . . 59 8 0 Payment to Post and Telegraph Department.. 100 0 0 Postages, telegrams, and rent of post-office boxes .. , . .. .. 720 17 11 Printing and stationery .. .. .. 1,043 810 Rent .. .. .. .. .. 2,512 19 3 Revision of districts (contracts) .. .. 261 5 0 Salaries.. .. .. .. .. 35,548 6 8 Telephone services .. .. .. 412121 Travelling allowances and £ s. d. expenses .. ..6,320 118 Less unexpired season tickets 156 5 9 — 6,164 5 II Typewriter repairs .. .. .. 21 10 6 Contingencies .. .. .. .. 5 311 £61,690 3 6 £61,690 3 6 £ s. d. £ s. d. To Balance brought down .. .. .. 2,594 0 7 By Contributions from local bodies for previous Interest .. .. .. .. 873 14 11 years since collected .. .. .. 3,106 18 8 Balance (excess of income over expenditure) .. 360 16 10 £3,467 15 6 £3,467 15 6 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital Account .. .. .. .. 19,416 11 4 Office furniture, fittings, and re- £ s. d. Sundry creditors .. .. .. .. 1,261 18 9 quisites .. .. 2,388 1 3 State Advances scale fees prepaid ... .. 6,113 711 Less removals .. .. 184 7 3 Depreciation Reserve .. .. .. 2,299 211 Hospital rates received on behalf of sundry 2,203 14 0 Hospital Boards .. .. .. .. 402 2 0 Add additions .. .. 123 4 3 Treasury Adjustment Account .. .. 6,396 15 6 ■ 2,326 18 3 Written off in Suspense .. 3 12 11 2,323 5 4 Mechanical appliances .. 919 8 7 Less removals .. .. 4 8 6 915 0 1 Add additions ... .. 265 19 0 1,180 19 1 Written off in Suspense .. 31 3 4 1,149 15 9 Office maps .. .. 16,109 1 6 Add additions .. .. 924 12 0 17,033 13 6 Stationery .. .. .. .. .. 830 18 6 Sundry debtors— Local bodies .. .. 4,676 9 0 Land and Income Tax Depai-t--ment .. .. .. 8,041 9 0 Fees outstanding .. .. 1,038 9 5 13,756 7 5 Less reserve for bad and doubtful debts .. .. 123 6 8 13,633 0 9 Unexpired season tickets .. .. .. 156 5 9 Deposits—Hospital rates .. .. .. 402 2 0 Excess of expenditure over income .. .. 360 16 10 £35,889 18 5 £35,889 18 5 Note. —The accounts include charges against the Department for rent and interest for which the Department possesses no parliamentary appropriation. Valuation Department, Wellington, 26th August, 1926. Titos. Brook, Valuer-General. I "hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. —G. F. C. Campbell, Controller and Auditor-General.

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