C.—3

4

Receipts. The forest receipts for the past financial year from all sources were £90,114, details of which, together with comparisons over a period of three years, are enumerated hereunder : —

Payments. The net expenditure from the State Forests Account for the past financial year was £325,170, a detailed analysis of which is set out hereunder; also comparisons with the years 1925-26, 1926-27, and 1927-28. TABLE 3.

TABLE 2. Item. ! 1928-29. j 1927-28. 1926-27. | 1925-26. Forest receipts— £ £ £ £ ££ ££ Timber-sales .. .. .. 49,009 75,756 85,542 107,122 Timber royalties .. .. .. 7,818 5,274 3,S16 6,464 Timber trespass .. .. .. 137 354 71 83 Leases — Grazing .. .. .. 2,332 3,088 j 2,806 2,527 Sawmill-sites, industrial, &c. .. 1,339 1,845 : 1,225 1,646 License and transfer fees .. .. 128 121 i 117 113 Miscellaneous licenses .. .. 137 102 280 167 Permits—Grazing and miscellaneous 255 333 456 564 JCauri-gum .. .. .. 221 132 238 627 Fees for inspections and reports .. 314 703 620 318 Interest on overdue promissory notes 93 135 213 149 Rental of houses .... 117 80 92 77 Opossum revenue .. .. 4,741 4,098 4,680 4,074 Miscellaneous .. .. .. 2,798 2,209 544 National Endowment Account alio- 8,249 9,898 14,114 17,044 cation 77,688 104,128 114,814 140,975 Less adjustments .. .... .. 749 1,969 77,688 — 104,128 114,065 139,006 Nurseries and plantations— Trees .. .. .. .. j 8,572 7,711 10,229 10,281 Seeds .. .. .. ..I 977 1,667 1,934 1,510 Firewood and poles.. .. .. 1,014 276 178 115 Grazing .. .. .. 639 438 854 565 Rental of houses, &c. .. .. 885 879 763 672 Miscellaneous .. .. .. 339 299 543 401 12,426 — 11,270 14,501 13,544 Totals .. 1 90,114 115,398 128,566 1 152,550

I Item. 1928-29. 1927-28. 1926-27. 1925-20. Fixed charges and staff salaries — £ £ ££;££ ££ Interest and loan expenses .. .. .. 44,189 .. 35,040 .. 29,077 .. 28,132 Allocation of revenue — National Endowment Account .. .. 7,469 13,885 15,659 9,741 Local-body payments.. .. .. 7,284 6,983 9,061 6,141 14,753 20,868 24,720 15,882 Staff salaries — Capital .. .. .. .. 23,184 16,476 17,075 11,103 Operational .. .. .. .. 21,364 27,194 22,783 25,912 — 44,548 43,670 39,858 37,015 Management, establishment, and development— Capital charges— Indigenous State forests — Buildings, equipment, &c. .. .. .. 4,815 3,474 4,204 3,082 Fire-fighting equipment, &c. .. .. 287 182 73 38 Educational —Reference library, &c. .. 140 180 107 213 Research and experimental equipment .. 1,732 2,059 2,402 3,615 Afforestation —Nurseries and plantations 154,184 108,876 78,418 61,315 Sand-dune reclamation .. .. 1,263 1,966 2,312 2,595 162,421 116,737 87,516 70,858 Operational expenses— Indigenous State forests and general .. 17,218 15,840 17,839 15,500 File-prevention .. .. .. 1,967 3,166 1,524 1,553 Educational—Publications, &c. .. .. 758 472 1,094 1,164 Utilization and silvicultural research .. 5,218 5,181 2,472 2,158 Preparation of planting plans, &c. .. 4,944 2,918 1,611 1,358 Miscellaneous .. .. .. .. 5,943 257 744 74 36,048 27,834 25,284 21,807 Land-purchases— Indigenous forest areas .. .. .. .. 830 18,639 10,101 Plantation-extension .. .. .. 23,211 18,352 11,181 17,764 23,211 19,182 29,820 33.925 Totals .. .. 325,170 263,331 236,275 207,619