9

C.-4.

SWAMP LAND DRAINAGE ACCOUNT— continued. KAITAIA DRAINAGE DISTRICT. Special Rate Account for the Year ended 31st March, 1928, for Interest and Sinking Fund on Allocated Cost'of Works. Rural Subdivision. £ s. d. £ a . a. Interest on allocated cost of work .. .. 5,500 0 0 Rates levied .. .. .. .. .. ,1,055 16 2 Sinking Fund contained in rates levied—transferred Subsidy from Consolidated Fund towards rates .. 3,253 0 0 to Reserve Account .. .. .. 550 0 0 Balance carried forward .. ... .. 258 16 2 £6,308 16 2 £6,308 16 2 Town District. £ s. d. £ s. d. Interest on allocated cost of work .. .. 750 0 0 Rates levied .. .. .. .. .. 548 13 1 Sinking Fund contained in rates levied —transferred Subsidy from Consolidated Fund towards rates .. 275 0 0 to Reservo Account .. .. .. 75 0 0 Balance carried forward .. .. .. 1 611 £825 0 0 £825 0 0 General Rate Account for Yeak ended 31st March 1928, for Maintenance of Works. £ s. d. £ s. d. Maintenance costs .. .. .. .. 2,284 7 8 Rural subdivision— Rates levied .. .. .. .. 882 14 0 Subsidy from Consolidated Fund .. .. 1,005 0 0 Town district— Rates levied .. .. .. .. 132 19 5 Subsidy from Consolidated Fund .. .. 66 0 0 Balance carried forward .. .. .. 197 14 3 £2,284 7 8 £2,284 7 8 Palance-sheet as at 31st March, 1928. Liabilities. . Assets. Debentures issued under Swamp Land Drain- £ s. d. Kaitaia Drainage District— £ s. d. £ s. d. age Act, 1915 .. .. .. .. 536,000 0 0 Allocated cost of works on which Temporary advances from other accounts (sec- rates are levied — tion 40, Public Revenues Act, 1926) .. .. 10,000 0 0 Rural subdivision .. .. 110,000 0 0 Consolidated Fund, for loans redeemed under Town district .. .. 15,000 0 0 Public Debt Repayment Act, 1925 .. .. '5,000 0 0 125,000 0 0 Public Works Fund—Land Improvement vote .. 4,563 19 7 Excess cost of works not reConsolidated Fund—Accumulated interest on coverable .. .. 47,746 3 5 amount expended out of Public Works Fund .. 2,538 2 8 Interest Account—Proportion Consolidated Fund—lnterest on debentures paid chargeable to district .. 53,277 10 9 but not recouped from Swamp Land Drainage 101,023 14 2 Account .. .. .. .. .. 29,398 910 Waihi Drainage DistrictSundry creditors — Allocated cost of works on which Interest on debentures accrued but not due .. 7,930 13 9 rates are levied — Interest on debentures due and unpaid .. 3 5 9 Pukehina Subdivision .. 10,000 0 0 Miscellaneous .. .. .. .. 3,671 18 5 Kaikokopu Subdivision .. 15,000 0 0 Rates paid in advance .. .. .. 0 11 Cost allocated to Crown lands Rent accrued but not due .. .. .. 129 8 0 forming the Central SubdiviKaitaia Drainage District — sion on which special rates Balance carried forward on special rate account, are not levied .. .. 50,000 0 0 rural subdivision .. .. .. 258 16 2 75,000 0 0 Waihi Drainage District— Excess cost of works not recover - Balance carried forward on— able .. .. .. 4,620 4 0 Special rate account, Pukehina Subdivision .. 6 4 5 Interest Account — Proportion Special rate account, Kaikokopu Subdivision 6 18 3 chargeable to district .. 24,397 14 3 General rate account, for maintenance .. 623 12 11 29,017 18 3 Reserve Account— Poukawa Drainage District— Kaitaia Drainage District — Drainage-works .. ... 3,757 16 0 Levy for repayment of capital cost— Interest Account — Proportion Rural subdivision .. .. .. 550 0 0 chargeable to district 1,785 1 4 Town District .. .. .. .. 75 0 0 5,542 17 4 Carried forward .. .. .. 600,756 10 10 Carried forward .. .. 335,584 9 9

2—C. 4.