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RANGITAIKI LAND DRAINAGE SCHEME. Rate Account as at 31st March, 1935. Capital. Maintenance. Capital. Maintenance. Dr - £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on capital cost .. 13,261 17 6 By Balance as at Ist April, 1934 2,503 0 7 4,250 15 10 Less capitalized .. .. 5,261 17 6 Rates levied .. .. 8,598 17 8 4,960 1 4 Penalty .. .. .. 667 2 4 381 19 9 8,000 0 0 Cost of maintenance .. .. 5,707 7 2 Remissions .. .. 86 13 2 43 8 9 Balance as at 31st March, 1935 3,682 7 5 3,842 1 0 £11,769 0 7 £9,592 16 II £11,769 0 7 £9,592 16 11 Revenue Account for the Year ended 31st March, 1935. Dr. £ s. d. Cr. £ s . d. To Interest on Public Works Fund capital .. 20,788 14 4 By Accrued rent .. .. .. .. 141 10 6 Loss of plant, &c .. .. .. .. 549 0 7 Thirds .. .. .. .. .. 313 6 Capitalized interest: Section 12, Finance Act, 1927 (No. 2) .. .. . . 5,261 17 6 Interest recoverable by rates .. .. 8,000 0 0 Balance, transferred to Drainage Works Account 7,930 13 5 £21,337 14 11 Receipts and Payments Account for the Year ended 31st March, 1935. Receipts. Public Works Consolidated Payments. Public Works Consolidated Fund. Fund. Fund. Fund. £ s. d. £ s. d. £ s. d. £ s. d. To Rents .. .. .. .. 98 2 4 By Maintenance of completed works .. 5,177 12 1 R ates.. .. .. .. .. 4,803 16 2 Plant .. .. .. 208 16 0 Thirds .. .. .. .. 3 13 6 Refund of rates .. .. .. 32 18 6 Sundries .. .. .. .. 421 2 6 Transfer net receipts— Plant •• •• 27 10 0 .. To Treasury Adjustment Account .. 5,293 16 0 Transfer Expenditure— To Public Works Fund .. 27 10 0 To Treasury Adjustment Account .. 5,177 12 1 To Public Works Fund .. 208 16 0 £236 6 0 £10,504 6 7 £236 6 0 £10,504 6 7 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets. Public Works Fund .. .. .. .. 489,285 0 11 Drainage-works £ s. d. £ s d Treasury Adjustment Account .. .. 211,332 10 9 Recoverable — Unpaid purchase-money for land taken .. 210 1 1 Capital expenditure ...205,000 0 0 Sundry creditors— £ s. d. Capitalized interest : Section Departmental .. .. 428 7 9 12, Finance Act, 1927 (No. 2) 65.499 7 6 Miscellaneous .. .. 437 10 0 865 17 9 270,499 7 6 Rate accounts —■ Not recoverable : Capital exCapital .. .. .. 3,682 7 5 penditure and capitalized inMaintenance .. .. .. 3,842 1 0 terest .. .. .. 409,105 1 8 7,524 8 5 679,604 9 2 Suspense Account .. .. .. 584 6 8 Plant and machinery .. .. . . 8 257 4 6 Writings-off in Suspense .. .. .. 567 3 1 Buildings .. .. .. .. .. 937 9 6 Payments in advance— Loose tools .. .. . . .. 205 5 4 Bates .. .. .. 4 3 1 Sundry goods .. .. .. .. 267 14 0 Miscellaneous .. .. 0 4 0 Fuel " .. .. .. .. .. 24 10 0 4 7 1 Cash in transit .. .. . . .. 673 3 6 Sundry debtors— £ s. d. Rates capital .. .. 17,502 2 8 Rates maintenance .. . . 11.949 8 4 Law-costs .. .. . . 303 15 3 Rents .. . . .. 17 11 6 Miscellaneous .. .. 63 18 11 29,836 16 8 Losses in suspense .. .. .. .. 567 3 1 £720,373 15 9 £720,373 15 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Rate and Revenue Accounts 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 comment that the accounts of the Chief Drainage Engineer, Auckland, the audit of which has not yet been completed by the local Audit Inspector, are in agreement with Head Office books.—J. H. Fowler, Deputy Controller and Auditor-General.

Approximate Cost of Paper.—Preparation, not given; printing (650 copies), £3 10s.

By Authority: G. H. Loney, Government Printer, Wellington.— 1935.

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